+
ATS Infra takes up housing project in Chandigarh
Real Estate

ATS Infra takes up housing project in Chandigarh

To develop a group housing project in Punjab, ATS Infrastructure will invest about Rs 600 crore over the next three years, the company said on March 31. The project, 'ATS Lifestyle' is spread over 22 acre and is part of company's 300-acre integrated township situated at Dera Bassi near Chandigarh.

About 1,000 apartments will be developed in this project, ATS Group Managing Director Getamber Anand said. The project would be developed in two phases, he added. The total project cost including land cost would be about Rs 600 crore, Anand said.

The investment would be funded through bank debts and advances from customers. The company is selling the first phase at about Rs 3,500 per sq ft. The size of the housing units ranges from 1,900 to 2,950 sq ft. The construction of the first phase comprising about 500 apartments is undergoing and expected to get completed by end of the next year, Anand said.

The company has sold about 60 per cent of the first phase, he added. Anand said the company would soon be launching the second phase, which would also have 500 units, at higher rate. The construction of second phase would be completed by 2016.

To develop a group housing project in Punjab, ATS Infrastructure will invest about Rs 600 crore over the next three years, the company said on March 31. The project, 'ATS Lifestyle' is spread over 22 acre and is part of company's 300-acre integrated township situated at Dera Bassi near Chandigarh. About 1,000 apartments will be developed in this project, ATS Group Managing Director Getamber Anand said. The project would be developed in two phases, he added. The total project cost including land cost would be about Rs 600 crore, Anand said. The investment would be funded through bank debts and advances from customers. The company is selling the first phase at about Rs 3,500 per sq ft. The size of the housing units ranges from 1,900 to 2,950 sq ft. The construction of the first phase comprising about 500 apartments is undergoing and expected to get completed by end of the next year, Anand said. The company has sold about 60 per cent of the first phase, he added. Anand said the company would soon be launching the second phase, which would also have 500 units, at higher rate. The construction of second phase would be completed by 2016.

Next Story
Infrastructure Urban

Hindmetal Pioneers EM Tech in Mineral Exploration

Hindmetal Exploration Services (HESPL), a wholly owned subsidiary of Hindustan Zinc, has become the first company in India to deploy advanced Electromagnetic (EM) technologies for mineral exploration. The initiative marks a major leap in the nation’s ability to identify hidden mineral resources with unprecedented precision.The breakthrough involves two cutting-edge tools: borehole EM, which detects and maps conductive ore bodies such as sulfide deposits in high detail, and SQUID surface sensors, which capture even the weakest electromagnetic signals—ideal for spotting low-conductivity or d..

Next Story
Infrastructure Urban

Autodesk Launches Local Data Storage for India

Autodesk has announced the launch of localized data storage in India, enabling businesses and public sector organizations to store and manage project data within the country. This expansion, part of Autodesk’s global regional offerings, supports regulated sectors such as government, infrastructure, and utilities by meeting compliance requirements while ensuring enterprise-grade security, privacy, and data recoverability.The move comes as Autodesk’s 2025 State of Design & Make report reveals that while digital transformation drives significant ROI in the architecture, engineering, const..

Next Story
Infrastructure Urban

Rosatom Opens Pilot Uranium Facility at Tanzania’s Mkuju River Project

Mantra Tanzania, a subsidiary of Uranium One Group (part of Rosatom), has commissioned a pilot uranium processing facility at the Mkuju River project in southern Tanzania. The inauguration, attended by Her Excellency Samia Suluhu Hassan, President of the United Republic of Tanzania, alongside senior government officials, community leaders, and Rosatom representatives, marks a major step forward in Russia–Tanzania nuclear energy cooperation.Alexey Likhachev, Director General of Rosatom, said: “Rosatom offers its cutting-edge uranium processing technologies to unlock Tanzania’s geological ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?