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THE ANSAL GROUP
About Ansals:
The Ansal Group is a conglomerate of 35 companies, with Ansal Properties and Industries Ltd, (Ansal API); Ansal Housing and Construction Limited, (AHCL) and Ansal Buildwell Ltd. (ABL) at the core of the Group. All three are deal in the entire gamut of civil construction and real estate development activity in India and abroad and are public limited companies.
Ansal Engineering Projects Ltd., Ansal Club Ltd., Ansal Hotels Ltd., Star Estates Management Ltd., Sunrise Management and Estate (P) Ltd., "Rigoss" Exports International Pvt. Ltd., and "Rigoss" Estates Network Pvt. Ltd. Are some of Its group companies.
The Ansal Group has been defining and changing lifestyles for millions across the country and overseas. Firmly ensconced in the development of real estate for the last 40 years, the Ansal Group’s turnover is estimated to Rs. 350 crore and their projects in process cross Rs. 3,200 crores. Employing around 5000 people nationwide, with over 1000 of these in supervisory and managerial positions, all three companies are ISO 9001-2000 certified.
Ansal API has a widespread land bank of around 5504 acres with a net value of Rs. 52, 375 crore spread across 16 towns and cities in North region of India. Ansal Landmark Township (P) Ltd, Greenmax Estates (P) Ltd, Ansal Mittal Township (P) Ltd, Ansal Lotus Melange (P) Ltd. and Ansal Seagull SEZ Developers Ltd are API’s joint venture companies.
Ansal Housing and Construction Limited (AHCL) founded in 1986, and has carried out 67.6 million sq. ft of real estate development in Delhi-NCR, Mumbai and Tier II cities in Uttar Pradesh, Haryana and Madhya Pradesh. The company has an excellent performance in the current fiscal year with higher production and sales volumes.
Ansal Buildwell Ltd(ABL) has grown its portfolio to road construction and hi-tech engineering contracts and has achieved steady progress with an improvement of 26.04%.in 2005-06.
The Story Behind Ansals:
Lala Chiranjiv Lal Ansal, founder of the Ansal Group started as building contractor in 1967, and moved up to build the House of Ansals with a mission to create a better quality of life through quality structures, achieving new landmarks in property development in India and overseas.
Starting operations in Delhi with its first high rise building "Akash Deep" in New Delhi in 1969, Ansals quickly got contracts for landmark commercial buildings.
Till 1998, the three Ansal brothers i.e. Sushil, Gopal and Deepak jointly managed the family business. Now,
- Ansal Properties and Industries Ltd (APIL) is led by Sushil Ansal,
- Ansal Housing and Construction Ltd. (AHCL) by Deepak Ansal.
- Ansal Buildwell (ABL) by Gopal Ansal
This success story has been made possible by the:
- Immense experience gained in the past four decades.
- Constant innovations to serve the requirements of resurgent India.
- Foresight and dynamic leadership of its founders.
- Consolidation of its physical and intellectual assets.
- Ability to retain the group’s youthful energy and zeal.
Strengths of Ansals:
The Ansals, a top brand has achieved a reputation for its quality works, adherence to timelines and enjoys the patronage of domestic and overseas customer. Ansal API has also been rewarded the "Most Trusted Real Estate Brand" by Reader’s Digest in 2006.
The strength of the Ansals group is reflected in its top-of-the line clientele - ICICI Prudential, HDFC, Citibank, Adlabs, and Iffco-Tokio, GroupReebok, to name a few.
The group has a brilliant in-house team of architects, engineers and planners in its consultancy division to execute its projects, though external services are also taken in specialized areas.
Ansals API also earned the prestigious Certification of Environmental Management System, ISO 14001:2004 from the Kvalitet Veritas Quality Assurance (KVQA), accredited to NORSK of Norway due to its responsible efforts towards the environment during the execution of its project. The company has its own advisory panel of highly qualified environmentalists who check out on the eco-viability of every project
Future Outlook of Asnals:
The Company intends to move its focus to value-added development, or constructed property. API’s thrust areas would be expansion into hospitality, and a focus on premium locations in Tier II cities of North India. Retirement homes for senior citizens are also on the agenda of the company. Of its total land bank, API owns 56% of it in the form of plots.
At Ansal Housing and Construction Limited (AHCL), a multi-pronged approach has been adopted to lead uniformly across all avenues in real estate. The center of attention will be on developing integrated townships across India, under the "Ansals Courtyard" or Ansal Town brand. and establishing an early presence in Tier II cities which are yet unexplored. In the pipeline are projects in Parwanoo, Bhopal, Narnaul, Shahpur, Ajmer, Zirakpur, Paonta Sahib, Panchkula and Yamuna Nagar Simultaneously, it plans to penetrate the Tier I cities further, as it has done so with recently launched residential apartments in Mulund and Worli, Mumbai. It chooses to make a cautious approach to SEZs and IT Parks, but will pioneer mall development in integrated townships.
Ansal Housing and Construction Limited (AHCL), has motivated plans to enlarge in tandem with the booming retail market. The company is now focusing on high-growth areas of Noida, Greater Noida and Ghaziabad, and Tier II cities in North regions of India.
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