Archive · 15 Nov 2025
Ashtech Group Invests Rs 1,800 Crore in Noida Luxury Housing Project
A company called Ashtech Group, which usually makes building materials and works on big infrastructure projects, is now going to build houses.
They are planning to spend a lot of money, about 1,800 crore rupees, to build fancy homes in an area called Greater Noida.
They already bought the land for this project.
The company's boss said now is a good time to get into building homes because people are buying more houses and prices are going up.
They plan to start selling the first homes soon and have more projects planned for the future.
Ashtech Group is entering the real estate sector.
The company will invest Rs 1,800 crore in a luxury housing project in Greater Noida.
The project will be developed on a 5.6-acre plot acquired for Rs 300 crore.
Ashtech Group has prior experience in construction materials and infrastructure development.
The company cites strong performance and demand in the real estate sector since 2022 as a reason for expansion.
- Who
- Ashtech Group
- What
- Entering the real estate business with a luxury housing project investment of Rs 1,800 crore.
- When
- Announced on Thursday; first phase to launch soon.
- Where
- Greater Noida
- Why
- To extend expertise to real estate development, citing strong performance and increased demand in the sector since 2022.
- Company
- Ashtech Group
- Investment
- Rs 1,800 crore
- Project Location
- Greater Noida
- Land Size
- 5.6 acres
- Land Acquisition Cost
- Rs 300 crore
- Last Fiscal Turnover
- Rs 500 crore