Ambika Realcon

Ambika Realcon | Premium Real Estate Builders & Developers

Ambika Realcon Pvt. Ltd. is a prominent real estate development firm headquartered in Chandigarh, with its roots in New Delhi. Founded by first-generation entrepreneurs Ritesh Sehgal and Diwaker Bansal, the company brings decades of professional real estate experience to the Tricity market. They are known for their commitment to transparency, quality construction, and timely delivery.

Signature Residential Projects

The developer is currently focused on high-end, themed residential townships in the Mohali/New Chandigarh region:

• La Parisian (Sector 66-B, Mohali): A luxury residential project inspired by European architecture and lifestyle. It emphasizes green spaces, premium amenities, and artistic design.
• Florence Park (New Chandigarh): A massive group housing project featuring "themed" living. It is designed as an eco-friendly green building with a focus on sports facilities and an active lifestyle.

The Ambika Advantage

Ambika Realcon differentiates itself through a strict "Customer First" policy backed by financial and operational guarantees:

• Funds Transparency: 70% of all collections are kept in a Bank Escrow Account, audited by reputed firms, to ensure funds are used exclusively for construction and project expenses.
• Quality Assurance: The firm offers a unique guarantee: any quality constraints are addressed free of cost for up to one year after the date of possession.
• Delay Protection: They maintain a balanced penalty system—the penalty they pay for delayed delivery is the same as the penalty charged to customers for delayed payments (at least twice the industry standard).
• Secured Payment Plans: They offer a Construction Linked Plan (CLP) where only 55% of the payment is demanded until completion.
• Sustainability: Their projects are developed as Green Buildings, incorporating eco-friendly features and modern waste management.

Core Services & Help Desk

• Real Estate Development: End-to-end execution of residential townships.
• NRI Help Desk: A specialized department to assist Non-Resident Indians with property management, legal compliance, and investment documentation.
• Investment Advisory: Guidance on income-generating properties and long-term capital appreciation strategies.

Key Business Information

FeatureDetailsCo-FoundersRitesh Sehgal & Diwaker BansalCorporate OfficeSCO 18-19, Level 1, Sector 9-D, Chandigarh - 160009Project FocusLuxury Housing, Group Housing, and Themed TownshipsStatusApproved by the Government of PunjabContact Number1725001110Email[email protected]Quick Connect

• Website: ambikarealcon.com
• Notable Strategy: High focus on sports facilities and healthy living environments within their gated communities.