Ansals launch housing project in Agra
Vishal Sharma
New Delhi/ Agra. Following the success of its debut project “Ansal Courtyard” in Agra, Ansal Housing & Construction Ltd, one of the leading real estate developers in India, announced the launch of yet another Rs 200 crore housing project “Ansal Town” in Agra on Tuesday.
Talking to Business Standard on this occasion, President Kushagr Ansal said Ansal Town would be spread over 130 acres, located on the proposed 100-metre expressway passing close to the Taj Mahal and was easily accessible from all major state highways.
According to Ansal, the project will have 1,250 housing units in all, costing Rs 14–25 lakh, with plot sizes varying between 150 and 300 metres. And opposed to the established concept of “designer townships”, there is an option for purchasing independent plots at Rs 8-14 lakh where a house could be constructed according to the customised requirement of the buyer instead of going for a “pre-fab” house design.
Ansal said Ansal town had been designed keeping the premium segment of the market in mind, providing clubs, shopping malls, schools, etc within the fully secure confines of the township.
He said the project was expected to be formally launched on July 23 and the company expected to complete the construction of the Ansal Town by the end of 2008.
He said the company was on a major expansion spree with total of 1,200 acres of township projects and 1 million sq ft of condominium projects in the next 3-4 years. Besides Agra, he said, AHCL was also planning a 100 crore condominium project in Mumbai, 200 acre weekend houses project in Thane, 2.5 million sq. ft. IT/Residential project in Bangalore.
He said AHCL was widening its horizons by entering into retail sector. It had just completed a 200,000 sq. ft. branded factory outlet mall “Ansal Plaza” in Vaishali. It was also going to launch more retail malls in Lucknow and Karnal and the total investment in all the projects started by AHCL was worth Rs. 3500 crores.
Even on the international grounds, AHCL had been extremely successful, by creating Perth Paradise - an 800 acres of residential township in Srilanka, evolving as a multinational conglomerate over the past thirty years of existence in the real estate business, he said.
Talking to Business Standard on this occasion, President Kushagr Ansal said Ansal Town would be spread over 130 acres, located on the proposed 100-metre expressway passing close to the Taj Mahal and was easily accessible from all major state highways.
According to Ansal, the project will have 1,250 housing units in all, costing Rs 14–25 lakh, with plot sizes varying between 150 and 300 metres. And opposed to the established concept of “designer townships”, there is an option for purchasing independent plots at Rs 8-14 lakh where a house could be constructed according to the customised requirement of the buyer instead of going for a “pre-fab” house design.
Ansal said Ansal town had been designed keeping the premium segment of the market in mind, providing clubs, shopping malls, schools, etc within the fully secure confines of the township.
He said the project was expected to be formally launched on July 23 and the company expected to complete the construction of the Ansal Town by the end of 2008.
He said the company was on a major expansion spree with total of 1,200 acres of township projects and 1 million sq ft of condominium projects in the next 3-4 years. Besides Agra, he said, AHCL was also planning a 100 crore condominium project in Mumbai, 200 acre weekend houses project in Thane, 2.5 million sq. ft. IT/Residential project in Bangalore.
He said AHCL was widening its horizons by entering into retail sector. It had just completed a 200,000 sq. ft. branded factory outlet mall “Ansal Plaza” in Vaishali. It was also going to launch more retail malls in Lucknow and Karnal and the total investment in all the projects started by AHCL was worth Rs. 3500 crores.
Even on the international grounds, AHCL had been extremely successful, by creating Perth Paradise - an 800 acres of residential township in Srilanka, evolving as a multinational conglomerate over the past thirty years of existence in the real estate business, he said.
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