Amrapali Group, Noida based real estate company, proposes to infuse Rs 15,000
crore over the next five years to develop various projects across the country.
The company, which claims to have a land bank of 2,000 acre, is also
considering coming out with an Initial Public Offer (IPO) within this financial
year if the global market scenario improves.
Presently, the company is coming up with 22 projects comprising residential,
hotel, hospital, IT Park and commercial spaces. It has announced the launch of a
400-unit housing project in Ghaziabad (Uttar Pradesh) with an investment of Rs
125 crore.