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Ansal Properties Builds Hi -Tech city near Greater Noida

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Ansal Properties & Infrastructure Ltd. (APIL) had proclaimed to develop a hi-tech city on 2500 acres of property adjacent to the Greater Noida. The planned venture wanted an investment for about Rs. 20,000 Crores and an MOU was signed between the Government of UP and by APIL who was serving as the main association, reported by the sources to the www.propertykhazana.com . Heralding Eighteen Holes Golf Course was designed by Mr. Martin Hawtree who had designed more than 750 Golf Courses across the world; the locality had featured a number of sporting amenities comprising Mahesh Bhupati Tennis Academy, A Polo and an Equestrian Club. There was a proposes to make a world class stadium where amateur sportsmen and athletes can gain good training and the locality also had 5 Star Hotels, serviced flats, convection centre and an exhibition hall.
50% of the total area of Hi-Tech City had been kept for the green spaces which had improved the splendor of the township thus by creating it as a striking place and lot of income was expected from this venture. It is also said by the sources to the www.propertykhazana.com that several domestic and international companies were estimating to step into the organizations in the township and this generated huge employment openings catering to the needs of various work groups. After finishing the venture it was believed that it will be the biggest realty ventures in National Capital Region and it was accommodating inhabitants for more than 30,000 peoples. A fraction of the venture price was financed by the newly completed Qualified Institutional Placement (QIP) costing to Rs. 681.75 Crores.

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