Ansal Properties

Red Fort Capital to invest Rs 200 crore in Ansal Properties JV

Red Fort Capital to invest Rs 200 crore in Ansal Properties JV

Red Fort Capital has informed that it is going to invest in the Ansal Properties & Infrastructure Ltd. The Red Fort Capital is the leading real estate private equity firm of the nation. It has also informed that Red Fort Capital will infuse Rs 200 crore in the Delhi-based infrastructure firm. However, the stake of Red Fort Capital in this firm is not yet disclosed.

Government in pact with Ansal for green construction

Government in pact with Ansal for green construction

To popularize an energy construction style that will cut down carbon emission from large townships, the government on Tuesday announced its first tie up with a private real estate developer, Ansal Properties. Deepak Gupta , ministry of new and renewable energy secretary told reporters that the government wants all real estate developers to voluntarily adopt to the guidelines jointly prepared by the ministry and the Energy Resources Institute and get a rating.

APIL to evoke Rs 203 crore via issue of warrants

AnsalAnsal Properties & Infrastructure (APIL), New Delhi based real estate development company, on Tuesday announced that it will raise funds to the tune of Rs 203 crore by issuing of warrants to IPRO Funds Ltd, Mauritius, a registered Foreign Institutional Investor (FII).

APIL stated that the promoters of the company have agreed to issue up to 1.26 crore warrants to IPRO Funds Ltd on discriminatory basis.

Ansal Properties to raise Rs 203 crore through issue of shares

Developer Ansal Properties and Infrastructure Ltd has decided to raise Rs 203 crore through issue of shares on preferential basis and issue of warrants.    

The company stated in a communique that the promoters of Ansal Properites have agreed to issue 1.65 crore warrants to promoters and promoters group through preferential issue.

In addition, the company will issue up to 1.26 crore of equity shares of Rs 5 each, by way of preferential issue to IPRO Funds Ltd, Mauritius, a registered Foreign Institutional Investor (FII).

Ansal API, Educomp Enters Pact For Building Schools

Realty developer Ansal Properties and Infrastructure (Ansal API) has signed up a deal with Educomp solutions Ltd to establish schools in Ansals16 integrated townships.

The deal entails an investment of about Rs 250 crore over the next 3-4 years.

As per the deal, Knowledge Tree Infrastructure (KTIL), a division of Ansal API, will build the schools, and lease them to Educomp Infrastructure, a division of Educomp for 60 years. The affiliation between Educomp and Ansal will be based on a fixed lease rental and revenue-sharing basis.