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Business Economy


ATS Homekraft sells 400 plots near Jewar airport for Rs 1,200 crore

ATS Homekraft sells 400 plots near Jewar airport for Rs 1,200 crore

New Delhi, March 31 (UNI) Real estate firm ATS Homekraft on Monday said it has sold 400 plots for Rs 1,200 crore near the upcoming Noida International Airport at Jewar in Uttar Pradesh.

"The project generated sales exceeding Rs 1,200 crore, reflecting robust market demand. The initial offering was oversubscribed by 2.5 times, demonstrating significant investor interest," the company said in a release.

The real estate firm said that the plots are part of a larger 100-acre development where ATS has already developed and handed over a group housing project ‘ATS Allure’ with over 1,100 apartments.

“We have completed and delivered over 4,000 homes across Noida, Gurgaon and Chandigarh in the last 30 months. This recent launch highlights the trust that our customers place in us,” said Udaivir Anand, Managing Director, ATS Group.

ATS claimed that its last launch on Dwarka Expressway saw overwhelming demand from first-time homebuyers.

UNI NK BM

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