Ansal Properties
Again in another hearing by the District Consumer Disputes Redressal Forum, the builders were found guilty. The District Consumer Disputes Redressal Forum has directed Ansal Properties and Infrastructure Limited to pay Rs 50,000 as compensation to a New Delhi resident. Sudhir Khosla the complainant alleged that in 2006, he had applied for a residential plot [...] Continue Reading »
The Ansal Properties group and Infrastructure today has reported a 17.14 percent decrease in the consolidated net profit for the quarter ended June 30 at Rs 7.20 crore, mainly due to lower sales volume and decline in price realisation. The company had reported a net profit of Rs 8.69 crore in the corresponding quarter of [...] Continue Reading »
A consumer forum in Delhi has asked a real-estate firm Ansal Properties and Infrastructures Ltd to pay Rs 5.8 lakh to a woman. Her allotment of a shop was cancelled and over Rs 6.5 lakh was forfeited due to the non-availability of bank loan. The consumer forum termed the builder’s actions as “not justified” and [...] Continue Reading »
Real estate developer Ansal Properties & Infrastructure has planned to expand its two big townships in Lucknow and Greater Noida by a total of about 4,000 acres. The builder has already applied for approval to expand its township. The company is currently developing a 3,500-acre township Sushant Golf City at Lucknow, while the Megapolis Township [...] Continue Reading »
