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Ritesh Properties & Industries executes new agreement with Ansal

21 Apr 2012 Evaluate

Ritesh Properties & Industries has executed a new agreement with Ansal Properties and Infrastructure (Ansal), whereby now the company will do the development and marketing of the project of its own. The board of directors have approved and adopted this agreement in its meeting held on April 20, 2012 as the company will be benefited with this development to the extent that all revenue of the project will be retained by the company.

Earlier in July 2006, Ritesh Properties & Industries had entered into an agreement with Ansal for development of Hampton Court Project located at Ludhiana.

Ritesh Properties & Industries is a leading company with business interests in garment exports.

Peers
Company Name CMP
Lodha Developers 1102.05
Prestige EstatesProj 1444.95
Dilip Buildcon 408.35
DLF 641.65
Oberoi Realty 1738.80
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