Noida Based ATS Homekraft Intends to Invest INR 4000 Crore

Noida headquartered ATS Homekraft is expanding countrywide and will launch new projects in Sohna, Gurgaon, Powai (Mumbai), Rohini (Delhi), Panipat (Haryana), Panchkula, and Ghaziabad with an estimated investment of Rs 4000 crore. 

ATS Homekraft's fiscal year 2021-22 revenues were Rs 1040 crore.

The business has already secured collaborative development agreements for residential projects in the main micro-markets of Gurgaon, Sohna, NCT Delhi, Panipat, and Mumbai, resulting in the addition of around 60 lakh square feet of development potential that will be launched in the next year.

ATS Homekraft, a developer of aspirational houses for Indian purchasers, launched two projects in the financial year 2021-22, with more than 80% of the inventory sold within two days of debut. Floral Pathways in Ghaziabad, their first launch of the financial year, sold 328 residential units at its debut. 

Similarly, their second launch, Pious Orchards in Noida, drew immediate interest from property buyers, with 194 apartments selling out within hours.

The firm was founded in 2018 by ATS Group to address India's mid-income housing requirements. It is presently implementing five projects in the NCR region, totaling about one crore square feet of built-up area. 

HomeKraft has an unblemished track record for quality, on-time construction, and client satisfaction. The company's other three projects are progressing well ahead of schedule, with 95 percent of units sold.

"As a result of the pandemic's changing working environment and a renewed recognition that high-quality houses have a substantial beneficial influence on families, we have witnessed an insatiable hunger for home ownership, which was bolstered last year by monetary policy." 

We are a developer of aspirational houses in our markets, with a focus on evolving customer requirements and an asset-light approach, according to Mohit Arora, CEO of ATS Homekraft.