Amrapali Adarsh Awas Yojna records sale of 3,000 flats in 20 days

What came as a surprising revelation for real estate firm Amrapali Group is the overwhelming response received by its new affordable housing scheme Adarsh Awas Yojna in Greater Noida West for government employees.

The project witnessed a sale of 3,000 apartments within 20 days of its launch. The new affordable housing scheme Adarsh Awas Yojna by real estate firm Amrapali Group has broken all records for them by recording a sale of 3,000 flats in 20 days of launch of the project. The project is located at Greater Noida West and is built for government employees.

The overwhelming response has delighted the company which is now planning to increase the number of flats that it will deliver under this scheme. Amrapali Group said that it was initially planning to construct 5,000 apartments but owing to the response, the firm has decided that it will now build 10,000 2 and 3 BHK apartments. Anil Kumar Sharma, chairman, Amrapali Group said that due to phenomenal buyer's response, a new unit size of 895 sq ft has been introduced further bringing down the minimum cost to Rs 20 lakh.

Adarsh Awas Yojna township is proposed to have a cricket stadium of its own along with an MS Dhoni's cricket academy, a 150 bed multi-specialty hospital, two lakh sq ft of commercial area, six nursery schools and two secondary schools, as reported by the company in a statement. Amrapali has tied up with property brokerage firm Investors Clinic for marketing the project.

Amrapali Group emerges as India’s leading real estate developer

India has a much diversified market segment when it comes to real estate industry. There

 are those consumers for whom having their own house is a necessity. They are running on string-tight budget and prefer affordable housings. Then there is a segment of consumers for whom having a house is more than a need. For them, it’s a way of living; a bundle of luxury, conveniences and comfort. Catering to all the verticals of consumers is one real estate group in India- Amrapali Group. The group has been credited with largest number of affordable housing projects in India and has also completed various high-end luxurious products.

Dr. Anil Kumar Sharma the CMD of Amrapali group says that Amrapali group is expected to witness the highest demand across mid and high end segment units in Noida and greater Noida region. Today, Amrapali group is synonymous with commitment in quality and has more than 50 projects in 24 cities across all over India. They have been using various marketing activities along with attractive discounts for the buyers. The Amrapali group has built residences in Noida, Greater Noida, Gurgaon, Jaipur, Indore, Kochi, Nagpur, Lucknow and Bihar.

Dr. Anil Sharma  says that government should implement polices at the earliest to create a level playing field for the developers of various sizes. Government officials have been doing a good job and we are quite pleased by the initiatives taken up by them on both commercial and CSR front. The collective vision is to create twin cities as the most preferred location for home buyers and within due course of time and efforts of developers like us, the vision is now seeing the light of the day.” Amrapali Group is one of the largest developers of housing in Noida and Greater Noida region and they have set eyes on the delivery of over 30,000 units in near future.

They have already delivered more than 11,000 housing units.Amrapali Group is confident of delivering because it owns Asia’s largest precast factory which spread across 25 acres of land and is currently running out over 50 lakh sq ft of building area which is equivalent of rising 30 towers. This technology reduces delivery time and project cost as compared to conventional technology.

"Amrapali Group ready to develop Rs 2,000 crore housing project for govt staff' says CMD Anil sharma

Realty firm Amrapali group  today said it will develop 10,000 affordable homes in Noida Extension for government employees at a cost of Rs 2,000 crore.

The company launched 2,000 flats in the first phase in a price range of Rs 22-30 lakh. It has tied up with property brokerage firm Investor Clinic for marketing of this project.

“We are coming up with an affordable housing project for the serving and retired government employees. About 40 acres land has been set aside for this project in our 100 acres township in Noida Extension,” Amrapali Group CMD Anil Sharma told reporters here.

Sharma said the company would develop 10,000 apartments at a cost of Rs 2,000 crore.
The first phase of the project ‘Amrapali Adarsh Awas Yojna’ has been launched at the basic selling price of Rs 2,280 per sq ft, which is lower than the existing market price in this area.
Size of the flats would be in a range of 975 sq ft to 1,300 sq ft.

Sharma said the company has reduced the profitability and has also passed on some part of the historical appreciation in land prices.

Amrapali Group said it would use pre-cast technology and aluminium work to construct this project and complete it within 36 months with a grace period of six months.

On pricing strategy for the next phases of this project, he said the rates could be slightly higher to offset any rise in construction cost.

Investor Clinic CEO Honey Katiyal said: “It is indeed a very good opportunity for us to promote the technologically advanced project of Amrapali Group who is already a market leader in affordable housing segment.”

Noida-based Amrapali group is developing many housing projects in Noida and Greater Noida.

source: http://www.financialexpress.com/article/economy/amrapali-to-develop-rs-2000-crore-housing-project-for-govt-staff/174423/

Amrapali Group announces to develop 10,000 affordable homes in Noida Extension for government employees

We are pleased to announce "Adarsh Awas Yojna" dedicated to serving and retired government employees at very affordable prices. This will certainly boost up government’s vision of providing “Housing for All” by the year 2022. That project is open to all who are looking to buy a flat but the attractive buy would be for Government employees who can avail attractive discounts on our existing prices." - Dr. Anil Kumar Sharma, Chairman & Managing Director, Amrapali Group

Amrapali group offers possession for its project Vananchal City

Amrapali group, one of the premier real estate developers in India, has commenced offering possession for its project Vananchal City located in Chhattisgarh.  An official spokesperson for Amrapali group said, “Amrapali Vananchal City, an ultra-modern township spread over 46 acres of space in Bhilai, measures up to the aspiration of the metropolitan lifestyle of today. It is just not a housing complex but a township in totality. Self Sufficient, Independent, Exclusive, Safe & Secure”

She added, “We are pleased to announce that most of the units in 
Vananchal City are up for possession. All the villas have been completed whereas high-rise apartments are at the verge of completion. Our customers have been very patient with us all through this time and we have tried to create a wonderful living space for them in a quick timeframe.”

Vananchal City consists of living spaces ranging from 2 BHK to 4 BHK. Amrapali group says that the project has been designed with utmost care for quality and precision.

“The project is designed by world renowned architect and constructed under the aegis of experienced civil engineers. We have used latest state of the art technology for construction in order to speed up the completion without any compromise on quality. On the interiors, we have ensured that an impeccable level of quality is maintained for all the units. We have made use of high quality tiles, doors, and kitchen and bathroom fittings.”

Vananchal City is equipped with all the needed amenities. The spokesperson, Amrapali group  said, “ Vananchal City comes equipped with jogging track, dedicated space for office complexes and commercial space, nursing home, kids play area, a hotel, school, mall , gymnasium, squash court and other facilities.”

source:newshour.press

Amrapali Group hopes for better inter and intra city connectivity with Noida Extn Metro Line

Greater Noida West has emerged as preferred living destination in Delhi-NCR with all major developers flooding the area with their many projects. Analysts expect the inventory in Noida extension to be around 15 lakh. With such a huge number of dwellers in the area, the need of the hour is to have an alternate mode of commutation than just roads. In this wake, a metro line has been proposed in the area. Amrapali Group, a premier real estate developer group in Delhi –NCR believes that the proposed Noida Extension metro Line would offer better inter and intra city connectivity.

 If the proposition gets approval, then the benefits to the consumers living in Noida Extension (Greater Noida-West), Noida and Greater Noida will be of multiple folds. A Detailed Project Report (DPR) has already been prepared by the Noida Authority and would soon be tabled for approval. The report has already been approved by joint board of Noida and Greater Noida authorities after they received it from Delhi Metro Rail Corporation (DMRC).

The proposed line will extend from Noida sector-71 to Knowledge Park-V in Greater Noida(West). The estimated construction cost is Rs3884 crores and the route would expectedly need just 4 years to be operational.

It will be an elevated corridor project extending around 15 kms and would have 9 stations. Official Spokesperson for Amrapali Group said that the needed approval from the UP Government will bring in lots of advantages for the dwellers in their projects in Noida. The metro route would serve as the basic travelling lifeline. This is especially necessary for an area like Greater Noida West where more than 15 lakh consumers will be living. The roads would run free of traffic if metro runs parallel to other modes of transportation. Amrapali Group has 24 projects in Noida and Greater Noida combined. Many of these are completed and many other are nearing possession.

Once the final DPR and the Metro alignment are approved, an MOU will be signed between Noida Metro Rail Company and Delhi Metro Rail Corporation in next 6 months. Construction will start post the signing of an MOU.

Looking for a flat in Greater Noida??? Good News for you.

Good News for the flatbuyers of #GreaterNoidaWest. GRENO WEST Metro's #DPR has been ready and sent to the UP Govt for approval. - Navbharattimes,Hurry ..Get a flat in Amrapali Group

Celebration of Durga Puja in Amrapali Silicon city

Amrapali Sapphire‬ of Amrapali Group organises Garba on 5th day of Navratra

On the eve of 5th day of Navratra, Garba has been organised at ‪#‎AmrapaliSapphire‬, Sector-45, ‪#‎Noida‬.
‪#‎amrapaligroup‬ ‪#‎garba‬ ‪#‎navratri‬ ‪#‎festival‬

Amrapali Offering Afforadable Housing For CRPF Employees

 #‎AmrapaliGroup‬ offering ‪#‎affordable‬ housing for ‪#‎CRPF‬ employees and other govt. officials. Do visit the CRPF Mela, SDG, Old JNU Campus (Oct 16-18) to book your ‪#‎dreamhome‬.
For more details call Amol 9654455039, Bhavesh 9711997469 and Kamal on 9711991536

Amrapali Group to invest Rs 350 crore in expansion

Amrapali Group is planning on expansion for which it will invest Rs 350 crore in its first precast factory at Kasna in Greater Noida. The expansion is inspired by Prime Minister Narendra Modi's 'Skill India' initiative and is planned to increase productivity. The plant will be set as a new precedent on precast technology.

Amrapali Group believes that Kasna unit is going to be Asia's largest precast factory which is spread across 25 acres of land. They have invested around Rs400 crore in setting up the plant and currently churning out over 50 lakh square feet building area annually, which is equivalent to raising 30 towers (18 floors each).

Amrapali Group's Chairman and Managing Director (CMD) Anil kumarSharma that the company has invested approximately Rs 400 crore to set up this facility and they are looking to invest Rs 350 crore to increase its productivity and churn out over 1.5 Crore square feet building material annually which will give us the capacity to construct a 18 floor tower in 9-10 months.

To avoid labour shortage, time delays and with an aim to deliver quality products, developers and builders are now adopting precast technology. The main advantages of precast technology are quality, speed of construction, and a value-for-money product.

The use of such technology helps in saving up to 64 per cent of the time taken for similar projects using normal construction methods and technology. In other words, if normal brick-and-mortar method takes one year to complete a project, the precast method takes about four months.

The precast technology has been imported from Germany, Finland and Dubai to give a boost to reality sector in India and develop the skill set of Indian labour in foreign technology. This technology has already been proven and tested on foreign shores and now is going to share its benefits with Indian buyers.

Mr Sharma  also said that the whole precast process cost the company 10 per cent more than regular methods, however its commitment to deliver the project on time with quality work has driven them to use the precast so that buyers can get value for their hard earned money. The company has a turnover of over Rs 3000 crore and with its majority of projects to be delivered by 2020, it will see a revenue of Rs7500 crore and precast will play a major role in achieving that figure.

source: http://blog.thevoiceofnation.com/business/amrapali-group-plans-expansion-in-greater-noida-invests-rs-350-crore/