138,819+ Members
   Get Started   Latest Posts Search Today's Posts Mark Forums Read
IREF® Real Estate in India - Property Discussion
IREF® - Indian Real Estate Forum > Real Estate in India > More Cities/States > Real Estate Lucknow > Bharti-Walmart ropes in Ansal API for Lucknow store
Reply
 
LinkBack Thread Tools Search this Thread
Old June 2 2011, 08:59 AM   #11
Veteran Member
 
Join Date: Sep 2010
Posts: 1,572
Likes Received: 72
Likes Given: 170
My Mood: Angelic
Default

Omaxe Also had the similar scheme. Location wise which is better Ansal API or Omaxe Hi-Tech?

 
Old June 2 2011, 09:12 AM   #12
Member
 
Join Date: Jan 2011
Posts: 194
Likes Received: 15
Likes Given: 30
Default

Look Sushant Goolf city is a gigantic project, it will take considerable time in Project development. If you see plan layouts of this project, you will find that project will be developed in parallel to Gomti Nagar, Hazrat Ganj area..which makes this more lucrative..vast development and big plans, yet close to city centre.

Hence as per me Sushant has the upper hand..However Omaxe may also give decent ROI on a short term investement...Just my opinion..nothing against anyone.
 
Old June 3 2011, 12:02 AM   #13
Veteran Member
 
Join Date: Sep 2010
Posts: 1,572
Likes Received: 72
Likes Given: 170
My Mood: Angelic
Default

Bondss Thanks for your info.
 
Old June 5 2012, 12:26 AM   #14
New Member
 
Join Date: Jun 2012
Posts: 1
Likes Received: 0
Likes Given: 0
Default Tofu (Soy Cheese)

We carefit Agro Foods are major supplier of Tofu (Soy Cheese), Masala Tofu, soy flour and many more in Lucknow and suburbs in U.P. if you want to make order for tofu or any inquiry feel free to call on 09305155095. we provide product at time and best price.


Quote:
Originally Posted by Agastya07 View Post
Bharti-Walmart, a 50:50 joint venture between Bharti Enterprises and US-based Walmart, has roped in real estate company, Ansal API, to set up its cash-and-carry store in Lucknow.

The ‘Best Price Modern Wholesale’ store in Lucknow will be spread over 60,000 sq feet in Sushant Golf City, a high-tech residential township being developed by the Ansals.

“It is a long-term lease agreement. The minimum lease would be for seven years. The Bharti-Walmart unit would come up by end of this year,” a company official said.

Lease contract with Ansal API is part of the Bharti-Walmart initiative to open 165 outlets in wholesale format by 2011-end. The company already operates three cash-and-carry stores in India at Amritsar, Ludhiana and Jalandhar.

A senior Ansal API official confirmed the deal, however refused to give the details. A Bharti-Walmart spokesperson said, “We do not comment on specific real estate properties.”

Ansal API is developing a residential township spread over 3,500 acres 10 km away from the main city. The township, also being considered as sub-city, will have hospitals, universities, offices, biotech-park, retail units and five-star hotels. The entire project is expected to cost Rs 50,000 crore.

The real estate firm will construct the unit for Bharti-Walmart.

The Best Price Modern Wholesale store stocks 6,000 items with a range of fresh, frozen and chilled food, fruits and vegetables, dry groceries, personal and home care, hotel and restaurant supplies, clothing, office supplies and general merchandise items.

The JV is expected to open 10 to 15 wholesale cash-and-carry facilities and employ 6,000-7,000 people over next two years
 
Reply
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Join IREF Now!    
Related Threads
Ansal API Sushant Golf City Lucknow
Suitable Location of Walmart in Gurgaon
Ansal’s Rs22,500 cr Township to Occupy 5,000 Acres in Lucknow
Bharti Retail’s easyday Store Opens at Ashiana Village Centre in Bhiwadi


Tags
ansal, api, bhartiwalmart, lucknow, ropes, store
".Lucknow.", ".Uttar Pradesh."India