Sign up to stay updated with construction related news, recent developments, market trends and more!
Thank you for Subscribing!
Real Estate Update
ATS Grp plans Rs 5.5 bn housing projects
01 Sep 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.