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National: Ansal API records property sale of Rs 2,361 Cr.

As reported in The Economic Times, Ansal Properties and Infrastructure (Ansal API), a reputed real estate developer recorded property sale of worth Rs. 2,361 Cr. in last 11 months. Although in terms of value incurred in the last fiscal property sale fell from Rs. 2,389 to Rs. 2,361, despite the economic slowdown the company managed to record relatively high sales in comparison to some other developers.

 

As per the company’s operational update made public to news media, the total area sold by the builder wars nearly 18.65 million square feet. Out of this, nearly 15.21 million square feet was sold in Uttar Pradesh. In fact, this data indicates that most of the company’s revenue in April – Febuary 2013.

 

Moreover, it is likely to reap good returns from its ongoing projects. The developers’ name will prefix two mega townships: – Sushant Golf City in Lucknow and Sushant Megapolis in Greater Noida in Uttar Pradesh.

 

Favista’s view: Clearly we would recommend investors and home seekers to put their money in projects by Ansal API. Some of their high ranking projects include: The IVY, The Fernhill, Esencia, to name a few.

About Sanjit Sharma

Sr. Online Marketing Executive with Favista Real Estate Pvt. Ltd.
This entry was posted in Gurgaon, Investment, NCR Delhi, Newsletter, NOIDA. Bookmark the permalink.

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