Venture Intelligence (TSJ Media Pvt. Ltd.)
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ASK Property Investment Advisors to launch realty AIF at GIFT City
ASK Real Estate Fund II, sponsored by ASK Property Investment Advisors (ASKPIA), has received approval from the International Financial Services Centre Authority (IFSCA) to set up and manage its first real estate focused fund-of-funds as a Category III Alternative Investment Fund (AIF) at GIFT City, Gujarat. This fund will be a pooling vehicle for international funds to invest in funds that will invest further in realty companies or projects. They will have an option to invest in India without routing it though Singapore, Cyprus, Mauritius and other such locations.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.