Ansal Properties to develop a 75-acre IT SEZ in Greater Noida

Ansal Properties and Infrastructure is planning to develop a 75-acre IT special economic zone (SEZ) in Greater Noida. In this regard, the company will invest around Rs 130 crore over the next three years on construction. The company also plans to invest another Rs 130 crore over next three years along with its co-developer on further development of 8 lakh sq ft, taking the total built-up area to 10 lakh sq ft by 2016-17. Ansal Properties & Infrastructure’s business activities include property development for commercial, housing, retail, hospitality, IT SEZ, IT parks and industrial parks.