ASK Property Fund, Kriva and Shapoorji Pallonji have invested Rs 270 crore in housing projects in Gurugram.

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New Delhi: Ask Property Fund, Kanodia Group‘S Kriva And Shapoorji Pallonji Real Estate Will jointly invest Rs 270 crore in a housing project in Sector 46. Gurugram,

Bhavin Jain“With significant equity and partnership from Kriva,” said CIO of ASK Property Fund Shapoorji Pallonji Real estate, this project effectively reduces the risk.”

The joint development project is spread over 1.74 acres and is expected to generate revenue of over Rs 1,200 crore in the next five years.

Mayank Jain“These funds will allow us to broaden our expansion plans,” said KREEVA CEO.

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