Gami Group Secures ₹210 Cr Boost from ASK Property Fund

ASK Property Fund has committed an investment of ₹210 crore in real estate projects being developed by Gami Group in CBD Belapur and Ghansoli, Navi Mumbai.

This investment marks ASK Property Fund’s entry into the rapidly evolving Navi Mumbai market, which has witnessed accelerated growth driven by major infrastructure developments. A portion of the funding will be directed towards a residential project in CBD Belapur spread across two acres, featuring well-planned two- and three-BHK homes. Bhavin Jain, Chief Investment Officer of ASK Property Fund, noted that the investment underscores the strong market momentum in Navi Mumbai and aligns with the fund’s strategic focus on high-potential urban growth corridors.

The Navi Mumbai foray follows ASK Property Fund’s recent ₹340 crore investment across three residential projects developed by Mantra Group in Mumbai and Pune. Together, these investments highlight the fund’s continued expansion and targeted approach toward strengthening its presence in key metropolitan real estate markets.

News by Rahul Yelligetti.