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Ansal Properties to develop 19 townships

Monday, 14 Sep 2009
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Ansal Properties & Infrastructure Ltd (APIL) has earmarked Rs 35,000 crore to develop 19 township projects by 2019.

The company is developing these 19 townships in North India which are spread over about 7,000 acre. The sizes of the townships vary between 100 and 2,500 acre. For now, the company is planning to focus only on North India.

APIL has already invested Rs 4,000 crore on these projects and will pump in another Rs 1,600 crore in the remaining part of the current fiscal.

Also See:

Ansal may convert IT SEZ into residential projects (11-09-09)

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