ASK Property Fund Invests ₹210 Cr in Navi Mumbai Residential Projects

Monday, Jan 19, 2026 3:57 am ET1min read
BX--

ASK Property Fund, backed by Blackstone, will invest Rs 210 crore in two residential projects in Navi Mumbai. The projects are located in CBD Belapur and Ghansoli, with two- and three-bedroom residences on offer. Navi Mumbai's residential market is witnessing steady growth, with average prices rising 22.4% from 2021 to 2025. The investment signifies ASK's initial foray into the Navi Mumbai market, which has experienced significant infrastructure upgrades and improved connectivity with Mumbai.

ASK Property Fund Invests ₹210 Cr in Navi Mumbai Residential Projects

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