Friday, August 07, 2009: 05:46:04 PM

TJCD Company Review

Enriching lifestyle - Ansal Housing & Construction Ltd

Quality, diligence and honesty have helped AHCL achieve new heights in the realty sector

Freakin' Awesome! Freakin' Awesome! Freakin' Awesome! Freakin' Awesome! Freakin' Awesome!
Incorporated in 1983, Ansal Housing and Construction Limited (AHCL) offers exceptional value for money and focuses in creating value for its associates, stakeholders and customers. The company ensures that each of its projects has an aesthetic appeal, a stamp of quality and is delivered on time. These factors played a key role in distinguishing it from other players in the sector.
 
Founder
 
The company was established byLala Chiranji Lal Ansal.
 
Location and reach
 
AHCL is headquartered in New Delhi with branches in 22 cities Indian cities such as Agra, Allahabad, Bhopal, Mumbai, Ludhiana, Jammu and Meerut, among others. Apart from enjoying a pan-India presence, the company also extended its reach in the overseas market through its office in Sri Lanka. Moreover, the company has set up a marketing office in New York to cater to the demands of its customers based in Canada and the US.

 
Line of business
 
The company is mainly engaged in the construction of integrated townships, residential complexes, retail space, commercial complexes, hotels and movie halls.
 
Hallmarks
 
AHCL has pioneered the concept of large integrated residential townships in India. Besides, the company has been one of the first few realty players to carry out constructions in tier II and tier III cities of the country. Infact, more than 95% of its total development has been carried out in these cities.
 
The company has already covered an area of 68 million square feet for constructing large-scale residential and commercial projects. Besides, an area of over 66 million square feet is under construction. Despite the current global economic downturn, the company was able to acquire projects worth Rs 6,000 crore.
 
Certifications
 
AHCL is an ISO 9001:2000 certified company.
 
Projects
 
The company has ventured into a number of prestigious residential and commercial projects across India. Some of them are as follows:
 
  • Ansal Town: Located in Muzaffarnagar, Uttar Pradesh, this integrated township spreads across an area of 90 acres. It includes residential apartments, shopping centres, school, children’s play area, club, swimming pool and various other urban indulgences.
 
  • Ansals Shivam: Located in Ghaziabad, Uttar Pradesh, this sate-of-the-art commercial complex covers an area of around 700 square metre. It comprises modern amenities and high-end technologies such as suites with open terrace, huge parking space, modern elevators and power back-up for common areas, among others.
 
  • Mega Arcade: Located in Greater Noida, Mega Arcade sits upon an area of 75,000 square feet. It is an integrated area comprising bank, petrol pump and cinema hall, among others.
 
  • Ansal Suvarna Villas: This beautiful weekend resort will soon come up in Shahpur, Maharashtra. Covering an area of around 225 acres, it is equipped with all the modern amenities such as mini golf course, clubhouse, swimming pool, parks and jogging tracks, among others.
 
Promoter
 
The company is promoted by Deepak Ansal, its Chairman and Managing Director.
 
Shareholding structure
 
It is a private limited company.
 
Turnover
 
The annual turnover of the company ranges between Rs 100 and Rs 250 crore.
 
Profitability
 
Not disclosed

Rate me....
Mail this article Mail this article Print this article Print this article

Contribute/ Share your Opinion

More

Page 1 of 2




Search

Keywords:
Sections:

Magazine Issues

Events

logo Other Times Group Sites: