Tag: Ansal Properties

Ansal to Invest 20 Billion Rupees on Townships

Ansal Properties and Infrastructure Ltd will invest twenty billion rupees in the this fiscal year as it seeks to capitalize on the demand for low-cost housing in India. The investment will be the last installment of a total of sixty billion rupees earmarked last year by the company as the main investment to develop nineteen […]

Merrill Lynch Consolidates Stake In Ansal Properties

Foreign fund house Merrill Lynch Capital Markets has consolidated its stake in real estate major Ansal Properties and infrastructure to nearly 6%. Merrill Lynch Capital Markets Espana SA SV has acquired as much as 11.63 lakh equity shares representing 1.03% stake in Ansal Properties through secondary market purchase route. Prior to this transaction the foreign […]

Ansal Properties and Infrastructure Ltd To Rs 900 Crore In Sonepat

Leading realty developer Ansal Properties & Infrastructure Ltd  said it will invest Rs 900 crore for developing a 250-acre engineering-based Special Economic Zone at Sonepat in Haryana.

Fitch assigns ‘A-‘ rating to Ansal Properties

NEW DELHI: Credit rating agency Fitch on Monday assigned ‘A-‘ rating, indicating investment grade, to Ansal Properties & Infrastructure Ltd (API) for its long-term debt programme of Rs. 100 crore. Fitch said in a release that the ratings assigned denote that the company’s financial leverage has improved substantially over the last two years. The rating […]