Thursday 30 August 2012

Sushil Ansal Support His father

By the mid-1960s, Sushil Ansal had begun to nudge his father in the direction of real estate development. When the Master Plan was released and in the discussion and consultation that preceded it, he sensed that there were opportunities coming. The Ansals had experience in contracting and knew the construction end of the business. As such, Sushil Ansal saw moving into full-scale property development as a natural corollary.

Tuesday 28 August 2012

Sushil Ansal’s competitors in High Rise Constructions

One of Sushil Ansal competitors in high rise constructions in Delhi at that time was the upcoming M/s Skipper Builders headed by Shri Tejwinder Singh. Sushil Ansal admired Tejwinder’s aggression and his meteoric rise in the real estate sector, finding in him a tough competitor. In one prestigious auction for a plot at Jhandewalan, Sushil Ansal sensed that competition may lead to unviable bidding. He rang up Sardar Inderjit Singh, the legendary Chairman of Punjab & Sind Bank to mediate with Tejwinder Singh and avoid competition, ensuring a collaborative bid.

Tuesday 21 August 2012

Sushant Golf City and Megapolis most expansive projects ever undertaken by Sushil Ansal

The statistics sound impressive and speak of a lifetime of labor. Yet, it is sobering to consider that Sushil, Pranav and their company have just embarked on a project called Sushant Golf City, initially spread across 3,500 acres in Lucknow, with a built up area of 180 million square feet and valued at Rs 20,000 corer. This is likely to be expanded to 6,000 acres, with a built up area of 270 million square feet. It is already being nicknamed “New Lucknow”. In NCR, Sushil is conceptualizing an even more ambitious project: Megapolis. Located in Dadri (adjoining Greater Noida), an hour’s drive from Delhi, the first phase of Megapolis will extend to 2,500 acres and will have a built up area of 124 million square feet, with a value of approximately Rs 35,000 corer. Sushil plans to expand Megapolis to 5,000 acres as well.


Brief About Sushil Ansal

Talking to Sushil Ansal and Pranav separately, Sushil Ansal and Pranav meet only fleetingly but are available to each other when necessary. The father is the boss and has the right to exercise the veto but would clearly rather not. They are together at breakfast and dinner, if individual schedules permit, and try and meet at the office at some point between 12.30 and 2 p.m. “We go for meetings separately,” says Pranav, “never together. It’s a waste of resources. If one of us takes a call, the other will stand by it.”

Friday 17 August 2012

Sushil Ansal Association With Social Service

From the Rotary Club to Kiwanis International, Sushil Ansal has been associated with a number of social-service organisations. In particular, Kiwanis is close to his heart. In India, the social service organisation was started by Dharam Vira, a doyen of the Indian Civil Service and later governor of West Bengal, and industrialists Bharat Ram and Charat Ram as well as leading citizens such as Air Chief Marshal O.P. Mehra, General O.P. Malhotra, Satti Punj, O.P. Khaitan and Ajit Sud and others. Sushil Ansal,being a member of the Board of Governors, helped construct the over 80,000-square-foot Kiwanis Centre in Delhi’s Qutab Institutional Area.

Thursday 16 August 2012

Sushil Ansal: Human Service is the Best of All Prayers

This is a man who has paid his dues many times over but never once forgotten where he’s come from. It’s fitting then that the last mile of the Sushil Ansal’s saga must take us to Kahma, the little village in Nawashahr District, Jalandar, where the Ansals started their journey. In 1975, Sushil and his father opened a hospital in Kahma.

Tuesday 14 August 2012

Sushil Ansal: Wide-Spectrum for Education

Sushil Ansal is a wide-spectrum man and his interest and purpose in primary and school education has only been matched by his meticulous planning for the family’s projects inhigher education. The Chiranjiv Charitable Trust has been running the Ansal Institute of Technology (AIT) for the past decade and the Sushant School of Art and Architecture (SSAA) for the past two decades. Located in Gurgaon, adjacent to each other, the two will soon function under the umbrella of a university, clearance for which is at an advanced stage.

Monday 13 August 2012

Its fascinating how brick and mortar turns in to buildings


My father never wanted me to enter into construction business. In an exclusive interview, Sushil Ansal, chairman of ansal property spoke to this news paper about the mission he has for his company and about the journey so far.

Tuesday 7 August 2012

Sushil Ansal developing interest towards Kundali

Emotionally Sushil Ansal was keen to do business in his home state. As early as 2000, Pranav had started projects in Punjab by building shopping malls in Ludhiana and Jalandhar. The success of these two cities took Pranav to Mohali and Amritsar. The Ansals are now developing a 300-acre Golf Links Township in Mohali, adjoining Chandigarh and an integrated commercial cum housing project is under implementation in Amritsar. In Haryana, Gurgaon was getting over-crowded.

Sushil Ansal Reaching for the top

It was the feeling that the potential of the leisure economy was being not just underestimated but thwarted by the city planners that got Sushil Ansal to experiment with forays into hospitality and entertainment complexes. In 1992, the first hotel plot was tendered as part of the Saket district centre and Sushil ansal walked away with the prize. To fund his hotel project, the giant Japanese company, Itochu, became an equity partner.
During construction some shares were sold to ITC Hotels Ltd. who with their tremendous experience and professional input commissioned the hotel. This hotel is today the ITC Sheraton, the Ansals having sold out a few years ago. In the process Sushil Ansal developed good professional relations with Y.C. Deveshwar, the dynamic chairman of ITC Ltd. and Habib-ur- Rehman, the earlier managing director of ITC Hotels Ltd. a connoisseur and himself a great cook.

Sushil Ansal’s attempt to look beyond Delhi

If Gurgaon represented one aspect of Sushil Ansal’s attempt to look beyond Delhi, overseas projects were another. The Ansal brand travelled to several countries: Iraq, Russia, Thailand, Vietnam, Nepal and Bangladesh. The company played both developer and contractor. Sushil Ansal is frank that the initial motivation to seeking projects abroad was the prospect of tax breaks. “Fifty per cent of income in foreign exchange was tax free,” he says, “and this was a big incentive.” He also welcomed the chance of better exposure to international contracting and real estate methodologies and practices.

SUSHIL ANSAL’s LOVE FOR GREENRY

The obsession with green development is not new for Sushil Ansal. One of his favourite projects involved regenerating the Aravalli Hills thatstretch across Haryana and extends into Delhi. This took the form of the Aravalli Retreat, developed in the period between 1989 and 1991. Amateur lover from his college days – he went trekking in the Himalayas in 1958 and 1959 – Sushil Ansal was struck by the damage being done to the Aravallis. One day, while driving though Sohna, just outside Gurgaon, he noticed how reckless cutting of trees and busy stone quarries had ravaged the hills.

SUSHIL ANSAL –A SOCIAL WORKER

Sushil Ansal does not believe in idol worship or visiting temples frequently. Nevertheless he is a god-fearing man and feels the divine lives in one’s soul and heart. Human service, his parents taught him, is the best form of worship. Despite this, he has observed how people’s faith in god and religion has helped them get inner peace and solace. In today’s strife-torn world, with its physical and psychological tensions, people tend to be drawn to temples for relief and calm. Sushil Ansal therefore believes in creating places of worship where one can experience peace and tranquility. Sushil’s first such experience was when AshokVarma, his sister Meenakshi’s husband, introduced him to Baba Nagpalji, founder of the famous Chattarpur Temple complex in south Delhi. Sushil met Baba Nagpalji in the early 1990s when Babaji was sitting with a blueprint of the proposed expansion of the Mata Ka Mandir, part of his temple complex. He blessed Sushil and said, “You have to build this part of the temple for us.” Sushil recalls that meeting: “I couldn’t turn him today; the extended portion of the temple is visited by tens of thousands of devotees every month.