Ansal Properties & Infrastructure
Next week the Competition Commission of India (CCI) is expected to hear the charges of alleged cartelisation, lobbying and unfair trade practices against nine of the country’s top builders and their industry body CREDAI (Confederation of Real Estate Developers’ Associations of India). Following a probe carried out by the investigation arm of CREDAI, The CCI had [...] Continue Reading »
Ansal Properties & Infrastructure (Ansal API) has successfully sold properties worth Rs 2,361 crore, within 11 months, which is a little less than the sales of last year. According to the latest reports, during April 2012-February 2013, the company has sold 18.64 million sq ft of area against 20.20 million sq ft in the corresponding period [...] 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 »
