ASK Curated Luxury Asset Fund 1

The ASK Curated Luxury Assets Fund I (ASK CLAF I) is a first-of-its-kind collaboration between ASK Property Fund (investment manager and sponsor) and India Sotheby's International Realty (co-sponsor and real estate advisor), registered with SEBI as a Category II Alternative Investment Fund. The fund's investment strategy focuses on early-stage, premium residential developments in leading cities, alongside horizontal developments such as second homes and holiday retreats, deploying an equity investment model that aims to participate in the profit margins of these projects, targeting a minimum return of 2x the capital invested. Investments are concentrated in luxury residences priced at ₹8 crore and above, with the fund targeting a total corpus of ₹1,500 crore, catering to family offices, HNIs, institutions, and global investors..