Realty firm ATS group, which has decided to take up stalled projects, will require around Rs 400 crore to complete three delayed housing projects of Logix group in Noida (Uttar Pradesh), its CMD Getamber Anand said.
The company would infuse an initial amount of around Rs 50 crore to start the construction work from end of this month, he said.
With the Delhi-NCR property market plagued with many stalled housing projects, ATS Group has decided to enter the project management consultancy (PMC) business and take up such stuck projects.
"We will need around Rs 400 crore to complete these three projects," Anand said.

He said the company would have to initially infuse around Rs 50 crore to start the construction work in these three projects.
"ATS PMC will endeavour to take up incomplete projects, where with proper management and construction, due diligence execution will be made ensuring delivery as per stipulated timelines," the company said.

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