ASK Property Investment Advisors invests Rs 125 cr in Gulshan Homz's proj
New Delhi: PE firm ASK Property Investment Advisors has invested Rs 125 crore in Delhi NCR-based realty player Gulshan Homz's mixed-use project in Noida.
The project has retail and commercial components and a multiplex also. It is coming up on fully paid up land piece. The construction is going on and the project is likely to be completed by 2021.
With this investment by ASK Property Investment Advisors, the project will achieve financial closure, the PE firm said in a statement.
The project is coming up along the Noida Expressway which has the city’s IT corridor.
This is the sixth investment in Noida by the PE firm. IT is also its second investment in Gulshan Homz’s projects. It had already invested Rs 135 crore in a residential project of Gulshan Homz in July last year.