ATS GROUP FORAYS IN TO GURGAON

New Delhi, 9 August 2011: ATS Group, the trusted brand in the real estate industry with world-class projects in & around Noida in NCR, today announced its ambitious foray to the Millennium City Gurgaon with quality residential projects, at a press conference today.

ATS Group has already acquired two licensed land parcels in the city – approx 12.2 acres in Sector 109, and approx 10.5 acres in Sector 104, Gurgaon, to give shape to their projects. Both these lands parcels are along the Northern Periphery Road (NPR) that is proposed to connect Delhi International Airport via Dwarka to National Highway 8. An initial investment of approx Rs. 140 Cr for acquisition on the land parcels has already been made by the company. The company is likely to invest over Rs. 400 Cr to develop these projects. The company is open to more investments in Gurgaon and is in the look-out for appropriate land parcels in the region.

Speaking on this significant venture, Getamber Anand, Managing Director, ATS Group remarked, “Gurgaon has developed as an important destination for real estate developments. The real estate market in Gurgaon is backed by strong fundamentals and sustainable demand and offers competitive challenge to any real estate developer to deliver quality homes in the region.”

“Through this strategic foray we aim to bring our decade long legacy of providing better way homes through quality in-house construction, well thought out spaces and trust to discerning consumers in Gurgaon. Our residential projects, as always, will provide consumers an exclusive lifestyle experience that will redefine the concept of affordable luxury”, added Mr. Anand.



ATS Group expects to launch the first project in Sector 109 in Gurgaon later this year after the receipt all due approvals from the authorities. The project is a joint development with the landowner, Chintels Group.

The second project is situated in Sector 104. The company has achieved financial closure in this project.

Soumik Bandyopadhyay, Chief Executive Officer, ATS Group said, “With focus on consumers’ our projects are aimed to meet every aspect of the user’s need for a home, be it convenience or comfort. Our in-house construction team provides us with the cutting edge ability to manage quality, costs and delivery and is indeed the competitive advantage in the market place today. We are constantly enhancing our execution capability and aim to develop 10 Mn sq ft area in Gurgaon over next 5 years.”

The projects will be competitively priced to offer value for money to the customers and investors. The proposed projects will come in 3 basic unit sizes: 1745 sq ft, 2095 sq ft and 3045 sq ft. Like all ATS properties the developments will have all the amenities well-designed club houses, swimming pools, extensive green areas, gymnasium, squash courts, billiards room, yoga facilities, jogging tracks, etc. The projects will be developed in single phase and completed within 30 months from the date of launch. The company has set a budget of Rs. 10 Cr for promoting these projects.

Renowned architect Hafeez Contractor will be the master architect for the Gurgaon projects. In-house construction team of ATS will follow strict quality standards in project delivery. The company has applied to all leading banks and HFCs for approving the forthcoming projects for retail funding and to provide to customers choice in funding at the time of launch.

ATS Group is currently developing over 12 mn sft of group housing projects in Noida, Indirapuram and a large township of approx 300 acres in Derabassi, near Chandigarh. The company also has land parcels in Dehradun and Goa.

ATS Group

Founded in the year 1998, the ATS Group is promoted and run by the dynamic professional Getambar Anand. In the short span of a decade ATS has emerged as a trusted brand in the real estate industry, providing quality homes to its customers. ATS today is a conglomerate with operations in across NCR, Chandigarh, Goa and Dehradun. Ranked among the best developers in India, ATS in the name behind some of the most distinguished residential projects in the country.