New Delhi based real estate developer, Ansal API is coming up with Sushant Megapolis, about 2,500-acre megacity in Gautam Budh Nagar, adjoining Greater Noida, Uttar Pradesh.
The first phase of the project measuring about 500 acre was launched in July 2008 and now the company has launched the second phase measuring above 600 acre. The project consists of plotted scheme, built-up houses comprising villas and floors, group housing projects, commercial plots & entertainment zones.
Mr. Dinesh Gupta,CEO, Megapolis, “The project, when completed, will be serving about 2 lakh people. In next 9-12 months, 80% of the phase I will be ready and phase II will take another 2 to 3 years’ time. We have already begun the work for the launch of phase III. The total investment, as per the present business plan on the entire project and at the present costs of development, land & cost of construction is estimated to be about Rs. 7,000 to Rs. 8,000 crore, which would be spread over the next 5 to 8 years.”
The company had launched villas and built-up houses. In the group housing project, the company has launched one project named 'Fairway". This group-housing project comprises 1, 2, 3 & 4 B H K flats with sizes ranging from 620 -1,820 per square feet. The base rate for various sizes of apartments is Rs. 2,100 per square feet plus the additional charges.
The first phase of the project measuring about 500 acre was launched in July 2008 and now the company has launched the second phase measuring above 600 acre. The project consists of plotted scheme, built-up houses comprising villas and floors, group housing projects, commercial plots & entertainment zones.
Mr. Dinesh Gupta,CEO, Megapolis, “The project, when completed, will be serving about 2 lakh people. In next 9-12 months, 80% of the phase I will be ready and phase II will take another 2 to 3 years’ time. We have already begun the work for the launch of phase III. The total investment, as per the present business plan on the entire project and at the present costs of development, land & cost of construction is estimated to be about Rs. 7,000 to Rs. 8,000 crore, which would be spread over the next 5 to 8 years.”
The company had launched villas and built-up houses. In the group housing project, the company has launched one project named 'Fairway". This group-housing project comprises 1, 2, 3 & 4 B H K flats with sizes ranging from 620 -1,820 per square feet. The base rate for various sizes of apartments is Rs. 2,100 per square feet plus the additional charges.
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