Real Estate Update

ATS Grp plans Rs 5.5 bn housing projects

September 2011
ATS Group plans to develop two housing projects in Gurgaon with an investment of nearly Rs 550 crore. The company will develop 924 housing units in both these projects over the next three years. The first project, spread over 12.2 acre, will be developed in a joint venture with land owner Chintels Group. ATS will develop the second housing project over 14.59 acre, out of which around 10.5 acre has already been acquired by the company. This project will be launched early next year. The company has invested about Rs 140 crore on land acquisitions and another Rs 400 crore for construction.

Contact: ATS Group.
Tel: 0120-381 1500.
Fax: 0120-381 1555.
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