Press Releases2016

Oct 11, 2016
Bhoomi Pujan of Essel Group's Housing Project - construction now commences on the site

The Bhoomi Pujan of Essel Group's first housing project in Chandigarh Tricity - Asha Panchkula, took place on 6th Oct, 2016 amid enthusiastic response from customers and associates. This project was launched early this year, receiving several thousand applications with allotments being done through draw of lots in June. Within 100 days of the allotments, construction has now commenced on the site.


With this project Essel Group is charting a new paradigm in the real estate industry with features such as guaranteed delivery time with escrow account for construction, all-inclusive pricing and full disclosure of carpet area. Also, for the first time ever, we are committing a delay penalty of 12% per annum in case of delay in handing over of the apartments.


Speaking on the occasion, Mr. Suresh Bhandari, President - Essel Realty said "As an organization, we are carrying forward Essel Group's values of innovation and transparency and we are committed to delivering a quality and affordable project within the next 3 years."


Asha Panchkula features 2 & 3 Bedroom apartments of areas 1110 sq ft and 1405 sq ft respectively, at an all-inclusive price of 28.58 Lacs and 36.15 Lacs respectively. The project boasts of 3-side open apartments with resort-styled greens, power back-up, round-the-clock security, clubhouse with gymnasium and swimming pool, school and shopping complex.


Essel Realty will soon visit your office campus with an exciting offer on Asha Panchkula exclusively for Essel Group Employees.


One can visit esselrealty.com or call 18001802742 for further details on the project.

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