Ansal Properties and Infrastructure

What Ansal Properties and Infrastructure does

Ansal Properties and Infrastructure Limited (Ansal API) is a publicly listed Indian real estate and infrastructure developer, founded in 1967 by Mr. Sushil Ansal and headquartered at 115 Ansal Bhawan, 16 Kasturba Gandhi Marg, New Delhi. The company develops integrated townships, residential apartments, group housing, commercial properties, malls, hospitality assets, and SEZs across North India, with a historical footprint of 19 townships and 50+ listed properties across Delhi NCR, Uttar Pradesh, Rajasthan, Haryana, and Punjab. Its product portfolio spans affordable housing, mid-segment apartments, ultra-luxury gated communities (Versalia in Gurgaon), hospitality (Marriott Welcome Hotel, Country Inn & Suites), and SEZs/IT parks, anchored by flagship projects such as Sushant Golf City in Lucknow (4,655.19 acres with an 18-hole championship golf course). The company operates through 16 wholly-owned subsidiaries covering real estate development, hospitality, facilities management, and SEZ operations.

Ansal API monetizes primarily through one-time transaction fees on plot and unit sales across multiple customer segments: individual homebuyers (its primary segment), commercial property buyers, Non-Resident Indians (NRIs), hospitality tenants/operators, and economically weaker sections (with plots sold at less than 10% of market rates as part of CSR initiatives). Distribution is direct-to-consumer through on-site sales offices, the corporate Delhi office, and a customer login portal, supplemented by property exhibitions, NRI outreach, and CSR-driven community engagement. The company has historically competed on brand legacy, scale of integrated townships, and geographic spread across tier II/III cities.

Since February 25, 2025, Ansal Properties and Infrastructure Limited has been under the Corporate Insolvency Resolution Process (CIRP) initiated by the NCLT following a petition by IL&FS Financial Services, with Mr. Navneet Kumar Gupta appointed as Interim Resolution Professional. In January 2026, the NCLAT confined the CIRP to specific Lucknow projects (Mother City, Mother City Extension, Golf Plots) and Rajasthan assets (Ajmer, Jodhpur, Jaipur), excluding projects in Haryana, Punjab, Agra, and Noida. The company is also subject to multiple concurrent investigations by the Enforcement Directorate, SFIO, Income Tax Department, and SEBI, and has experienced significant leadership turnover during the insolvency period. The CIRP scope, regulatory overhang, and leadership instability are the defining strategic variables for the business today.

Name

Ansal Properties and Infrastructure

Legal name

Ansal Properties and Infrastructure Limited

Website

https://ansalapi.com

Company type

Public

Founded year

1967

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Ansal API is a North India-focused real estate and infrastructure developer with 19 integrated townships across Delhi NCR, Uttar Pradesh, Rajasthan, Haryana, and Punjab, currently under corporate insolvency resolution process since February 2025.

Ownership category

akta.pro rank

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Residential Plot Sales: Sale of developed residential plots in integrated townships across North India, including Sushant City projects in multiple cities, typically sold at subsidized rates for economically weaker sections and at market rates for premium segments
2. Apartment and Group Housing Sales: Sale of apartments ranging from 1BHK to 4BHK configurations in condominiums and group housing projects, including affordable, premium, and luxury segments
3. Commercial Property Sales: Commercial complexes, shopping centers, malls, office spaces, and retail units across townships and standalone commercial developments
4. Hospitality Properties: Hotels and hospitality developments including The Marriott Welcome Hotel, Country Inn & Suites, and country clubs

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Ansal API develops and sells large-scale integrated townships, residential apartments, villas, group housing, plotted colonies, commercial properties, shopping complexes, hospitality assets and IT/SEZ parks across North India. The company covers affordable housing (plots at less than 10% of market rates for economically weaker sections), mid-segment apartments (1-4 BHK), premium and ultra-luxury gated communities, and commercial/office spaces, with 19 townships in Delhi NCR, Uttar Pradesh, Rajasthan, Haryana and Punjab.

Product overview

Ansal Properties and Infrastructure (Ansal API) is a real estate and infrastructure development company offering a diversified portfolio of integrated townships, residential apartments, group housing, commercial properties, shopping complexes, hospitality, SEZs, and IT Parks across North India. The company's product portfolio centers around integrated township developments such as Sushant Golf City (Lucknow), Versalia (Gurgaon), Sushant Aquapolis (Ghaziabad), and Sushant Taj City (Agra), complemented by residential complexes, commercial landmarks, and hospitality ventures. The company operates across Delhi NCR, Uttar Pradesh, Rajasthan, Haryana, and Punjab, with 19 existing townships serving various market segments from affordable housing to ultra-luxury gated communities.

Differentiator

Problem solved

Functional benefit

Brands

• Ansal API Group: The corporate group brand used across all real estate and infrastructure projects
• Chiranjiv Charitable Trust
• Sushant City
• Sushant Golf City
• Sushant Taj City
• Sushant Aquapolis
• Sushant Lok
• Ansal Plaza
• Esencia
• Versalia
• Golf Links
• The Fernhill
• Serene Residency
• Ansal University
• Ansal Institute of Technology
• Sushant School of Art and Architecture

Products and services

• Sushant Golf City, Lucknow Integrated township sprawling across 4655.19 acres featuring a world-class 18-hole international standard championship Golf Course surrounded by Residential and Commercial Developments, located on Amar Shaheed Path & Lucknow-Sultanpur Highway, Lucknow.
• Versalia, Gurgaon Ultra-luxurious gated community adjacent to Esencia on Golf Course Extension Road, Gurgaon, featuring a mix of mansions, duplex villas, independent residences and city center with landscaped gardens and water bodies.
• Sushant Aquapolis, Ghaziabad Government approved integrated township on NH-24 featuring 1, 2, 3 and 4 BHK apartments with spacious rooms, personal balconies, and underground parking system.
• Sushant Taj City, Agra Theme-based integrated township on 37 Sheetla Rd, Shashtri Nagar, Khandari, Agra, featuring horticulture parks with fountains, jogging tracks, cycle lanes, children's play areas, club with swimming pool, spa, sauna, library, Mahesh Bhupat's Tennis Academy, and Golf Practice Range.
• Sushant City, Meerut 300 acre integrated township strategically located on Delhi-Dehradun Bypass in Meerut featuring stadium and residential units with medical universities, schools, and institutions in close vicinity.
• Sushant City-II Jaipur Green township spread across 110 bighas located on Kalwar Road, 17 kms from Jaipur MI road near Railway Station, featuring plots with world-class lifestyle amenities.
• Golf Links-I, Mohali Well-developed township near Chandigarh on Kharar Landran Road, Mohali sector 116, featuring lush green gardens, theme parks, horticulture, educational institutions, hospitals, wide tree-lined roads, and elaborate shopping area.
• Ansal Fernhill, Sector-91, Gurgaon Premium residential apartments in Sector 91, Gurgaon featuring well-decorated and ventilated rooms with attention to detail in structure and function design.
• Sushant Serene Residency, Greater Noida Exclusively designed apartments at Sector ETA-II, Greater Noida close to corporate occupiers such as WIPRO, LG, Moser Baer & Honda, featuring Studio, 1BHK, 2BHK, and 2BHK+ Servant/Study Room options.
• Commercial Properties Portfolio Portfolio of iconic commercial landmarks including Statesman House, Ansal Bhawan, Antriksh Bhawan, Indra Prakash, Ambadeep, and Tolstoy House in New Delhi, comprising offices, retail and shopping complexes across townships and standalone developments.
• Hospitality Portfolio Key hospitality properties including The Marriott Welcome Hotel (Delhi), The Palms and Country Club (Gurgaon), Country Inn & Suites (Ajmer), and The Maple Town & Country Club (Palam Vihar and Jaipur).
• The Boulevard Ludhiana Residential project in Ludhiana, Punjab featuring 100% power back up, ample parking space and other modern amenities for urban residents.
• Anand Lok Jodhpur Residential township in Jodhpur, Rajasthan offering plotted and built residential units with lifestyle amenities in a key Rajasthani city.
• Kundli Township, Haryana Hi-tech township located on NH-1 in Kundli, Haryana, comprising luxury villas and plotted developments in a strategic North Indian location.
• NH-1 Kurukshetra (Herman City) Ansal Herman City plotted colony development in Kurukshetra, Haryana on NH-1, offering residential plots in a planned community setting.
• NH-8 Palam Vihar, Gurgaon Established residential development in Palam Vihar, Gurgaon located on NH-8, with mature neighborhood character supporting both self-use and investment buyers.

Quantifiable outcome

• Provided approximately 3000 plots for economically weaker sections at highly subsidized rates
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• ADaRSH (Association for Development and Research of Sustainable Habitats)minorStrategic or Co-development PartnerEsencia project in Gurgaon was taken as a pilot project by ADaRSH for rating under the GRIHA (Green Rating for Integrated Habitat Assessment) system for large developments, with the objective of creating an eco-friendly township and comfortable healthy environment.
• Guru Gobind Indraprastha UniversityminorStrategic or Co-development PartnerAnsal Institute of Technology (AIT) conducts undergraduate courses in Engineering in affiliation with Guru Gobind Indraprastha University
• Tilak University of PuneminorStrategic or Co-development PartnerAnsal Institute of Technology conducts post graduate course in management in affiliation with Tilak University of Pune
• International Universities (Clemson, North Dakota State, Tarleton State, North Carolina State, Windsor, St. Mary's, Canberra, Deakin)minorStrategic or Co-development PartnerAcademic twinning programs at undergraduate and post graduate levels in engineering, technology and management with accredited universities in USA, Canada, and Australia
• Chiranjiv Charitable TrustcoreStrategic or Co-development PartnerCSR arm of the Ansal Group founded by Mr Sushil Ansal, runs schools with 6000+ students, supports healthcare programs through Shanty Sahayog NGO, promotes Hindi literature through SAMVAD organization, and provides subsidized housing for economically weaker sections
• Shanty Sahayog NGOminorStrategic or Co-development PartnerSupported health care programs in and around Delhi through renovation and re-starting a dysfunctional health centre in Kalkaji area providing free preventive and curative healthcare to economically weaker sections
• Divya Chhaya TrustminorStrategic or Co-development PartnerRuns Chiranjiv Karam Bhoomi senior citizen home in Palam Vihar, Gurgaon with Mrs Kusum Ansal and other trust members

Scale indicators7 records

Recent moves7 records

Expansion highlights3 records

Broad incumbents

• DLF Limited: India's largest real estate developer with deep Delhi NCR exposure across residential, commercial, and townships. Directly comparable as a publicly listed Indian developer operating at scale in overlapping geographies, though significantly larger and not under insolvency.
• Godrej Properties: One of India's leading publicly listed real estate developers with national footprint in residential and township developments. Comparable business model as a for-sale residential builder; broader geographic reach and stronger balance sheet distinguish it from Ansal API.
• Mahindra Lifespace Developers: Publicly listed Indian residential developer and integrated township operator under the Mahindra Group. Comparable business model in integrated townships and residential for-sale housing, though with stronger balance sheet and brand association.

Direct peers

• Unitech Limited: Historical North India-focused real estate developer with comparable product portfolio and customer base, and a precedent for prolonged insolvency proceedings. Closely comparable as a peer that faced similar distress dynamics in the same Indian real estate sector.
• BPTP Limited: North India-focused real estate developer with significant integrated townships in Delhi NCR (Faridabad, Gurgaon). Highly comparable product portfolio and geography, with similar legacy integrated-township development model.
• Puravankara Limited: Publicly listed Indian real estate developer operating integrated townships, luxury, and affordable housing (Provident brand) across multiple cities. Comparable as a for-sale builder with tier II/III city exposure and similar product mix.
• Ashiana Housing Limited: Mid-sized publicly listed Indian developer focused on affordable and mid-income housing across North India (Jaipur, Bhiwadi, Jodhpur, Neemrana). Closely comparable for-sale residential model with overlapping customer segments in similar geographies.
• Omaxe Limited: North India-focused publicly listed real estate developer operating integrated townships and affordable housing across Delhi NCR, UP, Haryana, and Punjab. Closely comparable product portfolio and geographic footprint, though currently also facing significant debt and operational stress.
• Sobha Limited: Publicly listed Indian real estate developer with backward-integrated construction model delivering residential and township projects. Comparable in scale and for-sale housing model, though primarily South India-focused.

Emerging players

• Prestige Group: Large Indian real estate developer with residential, commercial, retail, and hospitality portfolio. Comparable as an integrated township developer, though primarily South India-focused with only selective North India presence.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ansal Properties and Infrastructure