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Shriram Properties gains for third consecutive day after Omega TC offloads stake - Vimarsana News

Shriram Properties gains for third consecutive day after Omega TC offloads stake

In the last three days, Omega TC has sold its 4.1 percent stake in the company, against its shareholding of 9.39 percent as of June 30.

Shriram Properties, ASK Property Fund invest Rs 206 crore in stressed asset in Chennai - Vimarsana News

Shriram Properties, ASK Property Fund invest Rs 206 crore in stressed asset in Chennai

Launched as Shriram 122 West, it is the second joint investment by the co-investment platform set up by ASK and Shiram in November 2022 with a capital commitment of Rs 500 crore

Shriram Properties news: Shriram Properties, ASK Property Fund jointly invest Rs 206 cr in Chennai project - Vimarsana News

Shriram Properties news: Shriram Properties, ASK Property Fund jointly invest Rs 206 cr in Chennai project

The acquisition was through SPLs wholly-owned subsidiary, Shrivision Elevations Private Limited, with the working capital needed to be met separately by the partners. The newly acquired residential project in Mangadu will be launched as “Shriram 122 West” near the Porur - Manapakkam IT cluster and the upcoming metro corridor.

Shriram Properties Ltd acquires development rights in ongoing project at Chennai - Vimarsana News

Shriram Properties Ltd acquires development rights in ongoing project at Chennai

Shriram Properties Limited has acquired 100% development rights in an ongoing project at Chennai, through its wholly owned subsidiary, Shrivision Elevations Private Limited.