ATS Group clocks over Rs 1,000 Cr sales in three months

New Delhi, August 23, 2018: ATS Group, one of the leading real estate developer in the National Capital Region (NCR) has clocked sales of more than Rs 1,000 crore in just over three months.

ATS and its affordable housing segment company Homekraft sold over 975+apartments in its projects across Noida, Gurgaon, Mohali and Chandigarh.

Real estate market in India is on the upswing since early 2018 with all realty pundits and global consultants indicating growth momentum to further grow going forward.

The Noida-based ATS has created a strong demand in these regions as it is backed by decades of brand equity that made the ATS Group as one of the most sought after developers in the region.

“ATS has created a name in building world class projects and has earned goodwill of customers by delivering projects on time and with best in class construction quality. ATS today stands for Assurance Transparency and Sincerity, which shows the trust that customers have in the brand. We will continue building landmark projects that the group has become known for.” Mr. Getamber Anand, Chairman & Managing Director, ATS Group said.

ATS has been witnessing phenomenal growth with nearly 30 million square feet of residential space delivered and 40 million square feet underway 3,500 dedicated workforce, extraordinary in-house construction, security, facility and maintenance teams and unmatched brand equity.

The group also recently diluted a significant minority equity stake to HDFC Capital Affordable Real Estate Fund – a fund managed by HDFC Capital Advisors Ltd in its affordable and mid-income housing platform HomeKraft.

“As market is witnessing mostly end-users buying into residential projects, this momentum is expected to continue in the coming months and further go up from this festive season. In our view, many fence sitters who were delaying their buying decisions are back in the market as positive sentiment is driving demand for renowned and well established developers. Our latest sales numbers indicate that we are on the right track with pricing, location and amenities in our projects” Mr. Prasoon Chauhan, CEO, HomeKraft said.

“We are seeing strong traction in demand for our projects across regions which is clear indication of the returning customer confidence in the sector” Mr. Vipul Maheshwari, COO, ATS Group said.