ATS Infrastructure and Logix Group has entered into a JV Deal in Sector 150, Noida

ATS Infrastructure and Logix Group has entered into a JV Deal in Sector 150, Noida

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9 year(s) ago

Real estate developers ATS Infrastructure and Logix Group have announced a collaboration for a new project in Noida, Uttar Pradesh.  ATS Infrastructure and Logix Group has entered into a JV Deal in Sector 150, Noida for 35 acres of land parcel to develop luxury housing projects with 100 villa projects in Noida.

Collaboration Details:

  • Location: Sector 150, Noida
  • Land Area: 35 acres
  • Project Type: Luxury housing project with a 9-hole golf course and 100 villas in the first phase, followed by high-rise apartments.
  • Funding: Rs 130 crore raised from ICICI Prudential AMC
  • Partnership: ATS Infrastructure (construction & marketing) and Logix Group (land contribution)

Market Context:

  • This collaboration in Noida follows a trend of developers partnering to address rising land costs.

Significance:

  • This news reinforces the strategic partnership between ATS and Logix to capitalize on the Noida real estate market.
  • The shift from a luxury housing project to a mixed-use development in their latest venture reflects changing market demands.

Additional Information:

  • The real estate industry, particularly housing, has faced challenges in recent years.

This news update highlights the evolving partnership between ATS and Logix. Their latest project caters to a broader market segment with residential development, potentially offering a more adaptable approach to current market conditions.

 

Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article or want to publish your news or article please email news@jvdeals.in

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