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Ashtech Group, a leading name in sustainable construction and infrastructure, has officially entered the real estate sector with plans to invest Rs1,800 crore in its first luxury residential development. The project will be built on a fully paid-up 5.6-acre plot in Sector 12, Greater Noida West, acquired for approximately Rs300 crore.
Strategically located next to an 8-acre authority park, the site offers enhanced lifestyle appeal and connectivity. The development will feature premium residences designed by an international architect, incorporating landscaped green spaces, luxury amenities, and sustainability-driven features to deliver a holistic living experience.
Speaking on the announcement, Mr. Sumit Agarwal, Director of Ashtech Group, said: “Ashtech Group has been synonymous with quality, sustainability, and a customer-centric approach for over three decades. Having delivered excellence in allied sectors such as Projects, Fly Ash Bricks, AAC Blocks, Ready-mix concrete (RMC), Pre-Engineered Building, large-scale infrastructure, and power Infra. We believe this is the right time to extend our expertise to real estate development.”
He further added, “Our commitment is to deliver world-class residential projects that not only represent quality and trust but also cater to the evolving aspirations of today’s homebuyers. With this project, we aim to create homes that are modern, sustainable, and truly reflective of the lifestyle today’s families deserve.”
The launch reflects Ashtech Group’s strategic expansion into residential development, aligning with the growing demand for premium housing in NCR. With its strong legacy in construction and infrastructure, the Group plans to roll out a robust pipeline of residential and commercial projects in the coming years, reinforcing its presence in India’s real estate landscape.
