ASK Property Fund and Kreeva Partners have announced a strategic investment of ₹270 crore in collaboration with real estate giant Shapoorji Pallonji. This joint venture aims to develop a premium residential project in Gurugram, a rapidly growing hub in the National Capital Region (NCR).
The project, located in Sector 113 of Gurugram, is poised to offer luxurious and sustainable housing solutions, catering to the demand for high-quality residences in the region. With close proximity to Delhi and seamless connectivity to key locations, the development is expected to attract significant interest from prospective homebuyers and investors alike.
ASK Property Fund’s CEO, Sunil Rohokale, highlighted the potential of the NCR market, emphasizing the demand for well-planned residential spaces in Gurugram. He further stated that the collaboration aligns with the fund’s strategy of investing in promising markets with credible partners.
Shapoorji Pallonji, known for its legacy of delivering landmark projects, will spearhead the construction, ensuring a blend of innovation and quality.
The joint investment reinforces the growing confidence in Gurugram’s real estate sector, driven by robust infrastructure, rising employment opportunities, and urbanization.
This strategic partnership is expected to enhance Gurugram’s housing landscape, delivering value to both end-users and investors.
