Ansal Properties & Infrastructure

Ansal Properties & Infrastructure Ltd has informed that the Company has entered into Joint Venture / Strategic Sales as follows:

1. M/s. Pearl Global Ltd, for setting up a Cyber Park on about 8 acres of land on NH-8 at a very strategic location with an expected sales value of about Rs 350 to Rs 400 crores.

2. M/s. Ashiana Retirement Village Ltd, for developing a Group Housing meant for senior citizens, to which about 14 acres of land in its Lucknow Project has been sold.

3. M/s. Globosport India Pvt Ltd whereby they will provide sports infrastructure and coaching facilities at its Lucknow Project and other places, wherein Mr. Mahesh Bhupati and Mr. Gaurav Natekar, renowned tennis players, will be involved.