Real Estate
ASK Property Fund Invests ₹210 Crore in Gami Group's Projects in Navi Mumbai
By GeoSquare News Desk · Published 2026-01-19
ASK Property Fund, a part of ASK Asset & Wealth Management Group, has made a substantial investment of ₹210 crore in Gami Group’s projects in Navi Mumbai. This strategic move marks ASK’s initial foray into the Navi Mumbai real estate market, which has seen considerable momentum due to significant infrastructure upgrades.
Bhavin Jain, CIO of ASK Property Fund, stated, “This investment signifies ASK’s initial foray into the Navi Mumbai market, which has experienced considerable momentum due to significant infrastructure upgrades.” The project at CBD Belapur spans two acres and plans to offer 2-BHK and 3-BHK configurations, catering to the growing demand for residential properties in the area.
The investment in Gami Group’s projects is part of a broader strategy by ASK Property Fund to expand its portfolio in key real estate markets. Recently, the company invested ₹340 crore in three residential projects of Mantra Group, located in JVLR, Mumbai, and two in Pune’s Wakad and Mundhwa. This series of investments underscores ASK Property Fund’s commitment to capitalizing on high-potential real estate markets in India.
Navi Mumbai, a planned city adjacent to Mumbai, has been attracting significant attention from real estate developers due to its strategic location and robust infrastructure. The city is home to numerous residential and commercial projects, making it a prime location for investment. The CBD Belapur and Ghansoli areas, in particular, have seen rapid development, driven by the presence of key industries and the availability of modern amenities.
The investment by ASK Property Fund in Gami Group’s projects is expected to further boost the real estate market in Navi Mumbai. Gami Group, a well-established developer in the region, has a strong track record of delivering high-quality projects that meet the needs of modern homebuyers. The collaboration between ASK Property Fund and Gami Group is poised to create a win-win situation for both parties, while also benefiting the broader real estate ecosystem in Navi Mumbai.
In conclusion, the ₹210 crore investment by ASK Property Fund in Gami Group’s projects in Navi Mumbai is a significant step towards expanding their presence in the region. This strategic move is likely to drive further growth and development in the Navi Mumbai real estate market, making it an attractive destination for both investors and homebuyers.