Ansal Properties Announces Multi-State SEZ Development
Real estate giant Ansal Properties and Infrastructure Ltd. (Ansal API) has unveiled ambitious plans to develop Special Economic Zones (SEZs) across multiple states. The company is targeting strategic locations in Greater Noida, Haryana, and Rajasthan for these projects. To generate local interest and disseminate information about their ventures, Ansal API is organizing a roadshow in Varanasi.
Focus on North India Expansion
"We are poised to establish SEZs in Greater Noida, Haryana, and Rajasthan, and we are conducting a roadshow in the sacred city of Varanasi to inform people about our plans in their hometowns," stated Pranav Ansal, Vice-Chairman and Managing Director of Ansal API.
In addition to the planned SEZs, the company's portfolio includes a diverse range of ongoing developments. In Lucknow, Ansal API is developing a sprawling 2,000-acre integrated township project that features a dedicated IT SEZ. Furthermore, the organization has recently introduced a substantial 2,500-acre township near Greater Noida.
Ansal API continues to expand its presence in North India with a mix of residential and commercial projects. The company is actively working on projects in prominent cities such as Agra, Meerut, Lucknow, Greater Noida, and Ghaziabad, catering to the evolving demands of the real estate market.
Investment in Haryana SEZ
Just last month, it was announced that Ansal API is planning a significant investment of Rs 900 crore in an expansive 250-acre engineering SEZ situated in Sonepat, Haryana. This large-scale endeavor underscores the company's commitment to expanding its footprint in specialized economic zones. It is expected that this initiative will generate considerable employment opportunities and drive economic growth in the region.