7 months ago
ASK Property Fund Invests ₹210 Crore in Navi Mumbai
ASK Property Fund is putting ₹210 crore into two new housing projects in Navi Mumbai.
They are working with Gami Group on these projects, which will have apartments in Belapur and Ghansoli.
The areas are growing because of better roads, a new airport, and more jobs nearby.
ASK Property Fund has a lot of money to invest in real estate, and Gami Group has been building homes for many years.
This is their first big project together.
ASK Property Fund invests ₹210 crore in two residential projects in Navi Mumbai.
Projects located in CBD Belapur and Ghansoli, areas with growing infrastructure.
Investment supported by Gami Group, a developer with 25 years of experience.
Funding driven by infrastructure improvements like the Navi Mumbai International Airport and Atal Setu bridge.
ASK Property Fund has raised over ₹8,700 crore since 2009, with the broader ASK Group managing assets exceeding ₹82,000 crore.
- Who
- ASK Property Fund and Gami Group
- What
- Investment in two residential projects in Navi Mumbai
- Where
- CBD Belapur and Ghansoli, Navi Mumbai
- When
- January 19, 2026
- Why
- Infrastructure improvements and CIDCO’s land allocation plans
Key facts
- Investment Amount
- ₹210 crore
- Projects
- Two residential projects in CBD Belapur and Ghansoli
- Partnership
- Gami Group
- Announcement Date
- January 19, 2026
- Fund Size
- ₹8,700 crore raised since 2009
- ASK Group Assets
- ₹82,000 crore as of December 31, 2025
- Gami Group Experience
- 30 completed developments over 25 years
- Gami Group Families
- 3,800 families
Quotes
Bhavin Jain
Chief Investment Officer of ASK Property Fund
“The investment decision was attributed to infrastructure improvements in Navi Mumbai, including the Navi Mumbai International Airport and the Atal Setu bridge connecting to Mumbai.”
thehindubusinessline.com
Ambalal Gami
Founder of Gami Group
“The investment was described as the start of a collaboration with ASK Property Fund.”
thehindubusinessline.com
