ASK Group invests Rs. 252 Cr in ATS Group’s Noida project

ask-wealth-management-logoBy Accommodation Times News Services

New Delhi, 25 Nov, 2015: ASK Group, a diversified financial services group, today announced an additional investment of INR 125 crore in ATS Group’s Noida project, taking the total investment in the project to Rs 252 cr.  ASK Group’s offshore fund had earlier invested Rs.127 crore in this project in July 2014. The incremental Rs.125 Cr is the 8th investment from ASK’s second Real Estate fund, ‘ASK Real Estate Special Opportunity Fund’. This will be the third project where ASK has partnered with ATS through the Real Estate Private Equity route.

 

The project Le-Grandiose is located at the Sector 150, Noida, across 20 acres and has a total saleable area of 1.7 million square feet. The project focuses on mid income households and will be completed in 2018.

 





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