Private Equity

PE-RE Fund Investments

Ashiana's Rs.750-Cr residential project in Gurugram raises funding from ICICI Pru, IFC

Economic Times  

Listed real estate developer Ashiana Housing will invest INR 750 crore in developing a residential project located in Sector 80, Gurugram. The project's financing will be sourced through internal accruals, support from IFC, customer advances, and NCD-backed funding from ICICI Pru.The development, spanning 10.8 acres, will comprise 542 units across six towers. Phase 1 of the project is scheduled for completion by July 2030. The location offers connectivity to NH-48, Dwarka Expressway, Southern Peripheral Road, and KMP Expressway.