ASK Prop, India Sotheby's start realty fund
Mint Hyderabad|January 08, 2025
The fund aims to raise ₹1,000 crore in equity, with a green-shoe option of an additional ₹500 crore
Madhurima Nandy

SK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset & Wealth Management Group, has teamed up with India Sotheby's International Realty to unveil the ASK Curated Luxury Assets Fund, the country's first investment platform dedicated to luxury real estate.

The fund aims to raise ₹1,000 crore in equity, with a green-shoe option of an additional ₹500 crore. Registered as a Category II Alternative Investment Fund with the Securities and Exchange Board of India (Sebi), the fund plans to invest in early-stage luxury residential projects across Mumbai, Bengaluru, and the Delhi-NCR region.

هذه القصة مأخوذة من طبعة January 08, 2025 من Mint Hyderabad.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 08, 2025 من Mint Hyderabad.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من MINT HYDERABAD مشاهدة الكل
Mint Hyderabad

Nominee Laws at Crossroads: From Trustee to Ownership, A Case for Reforms

The notion of a nominee being a mere trustee complicates the case for asset succession

time-read
3 mins  |
January 24, 2025
Mint Hyderabad

Zee Ent Q3 profit soars nearly 3-fold

Zee Entertainment Enterprises Ltd clocked a net profit of ₹164 crore for the third quarter ended December, a 180% increase from the ₹58.5 crore a year earlier.

time-read
1 min  |
January 24, 2025
Mint Hyderabad

Akasa Air is well-capitalized, path to profitability intact

CEO Dube said the country's two newest airports should help improve its profitability

time-read
1 min  |
January 24, 2025
Mint Hyderabad

Declaring pre-existing diseases and timelines: Know the rules

What is the time limit for pre-existing diseases when buying health insurance? Do I need to declare a decade-old hospitalization or illness? I declared an illness from 10 years ago, and the insurer excluded it from the pre-existing conditions list. Is this correct? -Name withheld on request

time-read
2 mins  |
January 24, 2025
Mint Hyderabad

HDFC Bank walks loan tightrope

DFC Bank Ltd performed well in Q3FY25 but reported a high loan-deposit ratio (LDR) of 98%, indicating less-than-ideal liquidity to cover urgent fund requirements.

time-read
2 mins  |
January 24, 2025
Mint Hyderabad

CCI Ban on WhatsApp Data-Sharing on Hold

No relief on ₹213 crore fine; experts say order undermines CCI's authority

time-read
2 mins  |
January 24, 2025
Mint Hyderabad

Inclusive growth key pillar of India's economic blueprint

India will comfortably maintain a 6-8% economic growth rate while keeping inflation under check in the years to come, senior Union railways minister Ashwini Vaishnaw said on Thursday in a statement.

time-read
1 min  |
January 24, 2025
Mint Hyderabad

India will clock fastest growth rate: Andhra CM Naidu at Davos

Andhra Pradesh chief minister N. Chandrababu Naidu has said that India's golden era has started and the country will clock the fastest growth rate.

time-read
1 min  |
January 24, 2025
Mint Hyderabad

Donald Trump to take virtual centre stage in Davos

Chief executives will be given the chance to lob questions at the new US President Donald Trump

time-read
1 min  |
January 24, 2025
Mint Hyderabad

RBI Likely to Transfer Another Bumper Payout

The central bank will likely make another windfall payout to the government on account of its intervention in currency markets to stem the decline in the rupee, according to economists.

time-read
1 min  |
January 24, 2025