Property News from IndianRealtyNews

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India Property Buys 49% Stake in Ramprastha Group’s Housing Project at Gurgaon Posted: 06 Jul 2011 07:32 PM PDT Private equity firm India Property Fund has picked up a 49% stake in Ramprastha Group’s housing project Skyz in Gurgaon for Rs 120 crore. The project, being developed on 13 acres in Sector 37D on the Dwarka Expressway in Gurgaon, is part of the company’s integrated township Ramprastha City. The company’s chief executive officer Nikhil [...]

ASK Plans to Raise Rs 480 crore from HNIs to Invest in Residential Properties Posted: 06 Jul 2011 06:35 PM PDT After successfully raising Rs 520 crore in June 2011, ASK Property Investment Advisors (ASK PIA), now plans to raise Rs 480 crore from high networth individuals ( HNI )) to invest in residential properties. ASK PIA, a venture of the ASK Group was set up to manage and advise real estate dedicated funds. “We now plan to [...]

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