ASK Property Fund, India Sotheby’s to launch first luxury real estate fund
1 day, 20 hours ago

ASK Property Fund, India Sotheby’s to launch first luxury real estate fund

Live Mint  

ASK 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. “We expect the luxury real estate market in India to continue to perform well even if there are cyclical blips. The country's wealth creation story will also continue," Amit Bhagat, co-founder, CEO and managing director at ASK Property Fund told Mint in an interview. "High net-worth individuals and ultra-HNIs, as they create more wealth, will become more aspirational and demand more from developers of luxury projects.” Post-pandemic, India’s luxury real estate segment has seen robust growth, driven by rising demand for larger, better homes.

Real Estate Luxury Estate Real Ask Luxury Real Estate Fund India India Sotheby  sothebys  projects  estate  launch  wealth  fund  india  real  luxury  ask  property

History of this topic

Real estate stocks extend their winning run to the 2nd year; Oberoi Realty surges 60%
6 days, 19 hours ago

Real estate stocks extend their winning run to the 2nd year; Oberoi Realty surges 60%

Live Mint  

Indian real estate stocks continued their bull run for the second consecutive year in 2024, as developers posted strong performance across key operational metrics, including bookings, collections, operating cash flow, and new business development, amid growing demand for residential projects with luxury and ultra-luxury segments emerged as key drivers of this growth. Although housing sales across the top seven cities …

Yearender 2024: Luxury homes redefine wealth as real estate becomes ultimate status symbol
3 weeks, 1 day ago

Yearender 2024: Luxury homes redefine wealth as real estate becomes ultimate status symbol

India TV News  

The year 2024 marked a significant shift in India’s real estate market, with luxury homes emerging as the ultimate status symbol for the country’s wealthy. Record-breaking deals across cities This year witnessed record-breaking transactions in the luxury real estate market. Several factors are driving the affluent class towards luxury real estate: Wealth growth: The 2024 Hurun Rich List reported a …

ASK Property Fund, KREEVA, Shapoorji Pallonji Real Estate to invest over ₹270 crore in luxury project in Gurugram
4 weeks, 2 days ago

ASK Property Fund, KREEVA, Shapoorji Pallonji Real Estate to invest over ₹270 crore in luxury project in Gurugram

Hindustan Times  

ASK Property Fund, KREEVA, the real estate arm of the Kanodia Group, and Shapoorji Pallonji Real Estate will jointly invest over ₹270 crore in a luxury housing project in Gurugram. ASK Property Fund, KREEVA, Shapoorji Pallonji Real Estate to invest more than ₹ 270 cr in luxury project in Gurugram. With significant equity from KREEVA and partnership with Shapoorji Pallonji …

Mumbai real estate news: Blackstone-backed ASK Property Fund invests ₹190 crore in Kalpataru's project
5 months, 3 weeks ago

Mumbai real estate news: Blackstone-backed ASK Property Fund invests ₹190 crore in Kalpataru's project

Hindustan Times  

ASK Property Fund, the real estate private equity arm of Blackstone backed ASK Asset and Wealth Management Group, has said that it has invested ₹190 crore in a upper mid-segment project being developed by Kalpataru in Borivali West, Mumbai. ASK Property Fund said that it has invested ₹ 190 crore in a upper mid-segment project being developed by Kalpataru in …

ASK Property Fund announces exit of ₹350 crore from QVC Realty projects, delivers around 20% IRR
8 months, 1 week ago

ASK Property Fund announces exit of ₹350 crore from QVC Realty projects, delivers around 20% IRR

Hindustan Times  

ASK Property Fund, the real estate private equity arm of Blackstone-backed ASK Asset and Wealth Management Group, has announced an exit of ₹354 crore from its investment in three projects of QVC Realty Developers. The real estate private equity arm of Blackstone-backed ASK Asset and Wealth Management Group, has announced an exit of ₹ 354 crore from its investment in …

ASK Property Fund, Trevoc group jointly invest ₹200 cr in a Gurugram project
10 months, 2 weeks ago

ASK Property Fund, Trevoc group jointly invest ₹200 cr in a Gurugram project

Hindustan Times  

ASK Property Fund, the real estate private equity arm of Blackstone- backed ASK Asset & Wealth Management Group, will invest ₹120 crore in TREVOC’s luxury residential project in Gurugram, the company said in a statement. ASK Property Fund, the real estate private equity arm of Blackstone- backed ASK Asset & Wealth Management Group, will invest ₹ 120 crore in TREVOC’s …

Goa remains the top choice for rich Indians to invest in vacation homes
11 months, 3 weeks ago

Goa remains the top choice for rich Indians to invest in vacation homes

Hindustan Times  

As many as 71% rich Indians want to invest in real estate in the next 12-24 months, indicating that there is significant confidence in the property market. Capital appreciation has overtaken lifestyle upgrade as the primary motivation for real estate investment, signaling the return of investors to the market, said the annual Luxury Outlook Survey 2024 conducted by India Sotheby’s …

PE investments in Indian real estate at $3.9 billion, a 14% YoY increase: Savills India
11 months, 3 weeks ago

PE investments in Indian real estate at $3.9 billion, a 14% YoY increase: Savills India

Hindustan Times  

New Delhi: Private equity investments inflows into the Indian real estate sector stood at $3.9 billion at the end of 2023, registering a 14% increase YoY. Private equity investments inflows into the Indian real estate sector stood at $3.9 billion at the end of 2023, registering a 14% increase YoY. Savills India expects $3.5 billion to $4.0 billion of private …

Have a crore to invest in a second home in Goa? Here’s what you should know
1 year, 1 month ago

Have a crore to invest in a second home in Goa? Here’s what you should know

Hindustan Times  

Market regulator Securities and Exchange Board of India's recent decision to allow the creation of small and medium REITs along with guidelines for fractional ownership, is expected to open the doors to fractional ownership of rent yielding real estate assets, including uber-luxury second homes across the country. Shravan Gupta, founder and CEO of YOURS, a platform for fractional ownership of …

REAL ESTATE LUXURY INVESTMENT SEEING GEOGRAPHICAL EXPANSION BEYOND METROS AND HOTELS
1 year, 6 months ago

REAL ESTATE LUXURY INVESTMENT SEEING GEOGRAPHICAL EXPANSION BEYOND METROS AND HOTELS

Deccan Chronicle  

The Indian real estate market has always been fertile ground for astute investors in search of long-term financial prosperity, with the luxury real estate sector evolving of late as a favourable investment growth avenue. Reduced Cost of Land Another factor encouraging luxury real estate investment outside of the metro areas is the availability of land at relatively lower prices. Demand …

Luxury property prices up 8-10%, Delhi NCR, Mumbai top list: Report
1 year, 11 months ago

Luxury property prices up 8-10%, Delhi NCR, Mumbai top list: Report

Hindustan Times  

Prices of luxury properties appreciated by 8-12 per cent during the last year across major cities and has breached the 2015 peak level, according to India Sotheby's International Realty. Delhi's India Gate and Mumbai's Marine Drive In its annual 'Luxury Outlook Survey 2023', India Sotheby's International Realty revealed that 61 per cent of High-Net-worth Individuals and Ultra High-Net-worth Individuals are …

Discover Related