Ashton Gray Investments, a vertically integrated real estate development and investment firm based in Texas, USA, is expanding its Indian operations by establishing a new office in Bengaluru, Karnataka. This expansion adds to its existing portfolio of nationwide business operations in Coimbatore, Chennai, Mumbai, New Delhi, and Hyderabad, with the focus on alternative investments in stable and regulated US real estate market.
The new office space in the Silicon Valley of India is focused on empowering its portfolio of 200+ Indian investors to navigate international markets with confidence. The vision behind the expansion of India's operations is to begin investing its funds domestically. Ashton Gray has already expanded its portfolio to $600 million through 800+ global investors and plans to enter the dynamic economy of the country as a natural next step to connect with new-age investors seeking geographically diverse portfolios. The firm also plans to cater to Bengaluru’s discerning investors seeking to invest in the highly regulated US real estate market and has aligned the new office in the city as part of its vision. Presently, the firm’s Indian market capitalization stands at $600, and the vision is driven by the growth of the overall investment of 5–10% from the Indian community in FY23.
Sudharshan Vembutty, Founder and President, Ashton Gray Investments, explained the firm’s newest acquisition in India, saying, “We always wanted to strengthen our presence and commitment to India and create a team of highly talented individuals dedicated to Ashton Gray’s culture of innovation and growth. We are now looking to maintain our prior track record and deliver on strategic commitments to our investors while developing cutting-edge new projects.”
Sumi Rengaraj, Founder and CEO of Ashton Gray Investments, had a similar view, as she said, “We have always maintained our cultural heritage that is rooted in India, and given the chance, we always wanted to deepen our commitment and dedication to the economic growth of the country. Our foremost priorities lie with our investors, a major portion of whom are Indian citizens. The goal behind this expansion remains to penetrate a key Indian city by bringing our services to the doorstep of potential investors while envisioning a future where the collaborative synergy of Ashton Gray and investors will directly translate to excellence in a financial aspect.”
The unveiling of the new office in Bengaluru is not limited to opening new doors but also building on the robust foundation Ashton Gray Investments has already established with its existing investors across India. The firm invests its capital in each of its projects with a disciplined approach, focusing on risk management and long-term value creation. Driven by innovation, the company’s goal is to construct productive and strong relationships with potential investors based in Bengaluru, offering them the expertise and access they need to succeed in the US real estate market.
After 18 months, Ashton Gray Investments has announced the timely closing of its second investment opportunity located in Texas, US, at 5107 East Riverside, following the successful exit of their first investment opportunity in Spring Plaza. It also announced that all units at the land development project had been pre-sold, with investors receiving the promised ROI. Subsequently, the third investment opportunity offered by the company, Landing Meadows, Texas, US, was likewise placed on the exit stage for the first two batches of investors, who are receiving their ROI.
