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.
Thursday, 30 August 2012
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.
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