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Premium residential projects built on transparency, delivered with pride across North India.
Where Dreams Find Their Address
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about us
Building Trust, Delivering Homes
Ambika Group consist of 10 companies and 8 LLPs as on 30th September 2023, started in 2015 by young and aspiring, very talented professional team, bubbling with enthusiasm, hope and determination to succeed, of four friends who always thought of sky as a limit with their maiden project, “Florence Park” on 10.65 acres of Land in their flagship company, “Ambika Realcon Private Limited” in Sector 14, New Chandigarh just on the boundary of Chandigarh in SAS Nagar, Mohali (Near PGI)
Our Business Advantages
- 70% Funds in Bank Escrow — Full Transparency
- Symmetrical Delay Penalties for Both Parties
- RERA Registered & Government of Punjab Approved
why choose us
The Ambika Advantage — why buyers trust us
70% of every collection held in Bank Escrow — your money, legally secured at every step.
Symmetrical penalties for both parties — we hold ourselves to the same timelines we hold you to.
Construction-Linked Payment with only 55% demanded until project completion. Minimal financial risk.
Fully RERA registered and Government of Punjab approved — complete legal compliance for your peace of mind.
our portfolio
Signature Projects across North India
Co-Founder & Director
Ritesh is a Chartered Accountant with extensive experience spanning over 22 years in Real Estate, Banking, and Financial Services.His professional journey includes working with prestigious organizations such as PriceWaterhouseCoopers , ICICI Bank, and holding senior positions in various Real Estate companies.
Co-Founder & Director
Diwaker is a Chartered Accountant and Company Secretary with extensive domain experience of over 20 years in the Indian Real Estate sector. He has established himself as a seasoned professional, successfully acquiring more than 2000 acres of land in New Chandigarh (1000 acres), Lucknow (700 acres), and other regions.
testimonial
Proven Results through client satisfaction
Moving into Florence Park was the best decision we made
"The quality of construction exceeded every expectation, and the Ambika team was transparent at every single step. The escrow protection gave us complete peace of mind."
La Parisian truly lives up to its name
"The amenities are world-class — the replica Eiffel Tower is stunning. As an NRI buyer, Ambika's help desk and RERA compliance made investing from abroad completely stress-free."
faqs
Have Questions in your mind?
01
How are my funds protected?
70% of all collections are deposited in a dedicated Bank Escrow account. Your money is legally secured, audited, and can only be used for construction — giving you total financial transparency.
02
What happens if delivery is delayed?
Ambika holds itself to symmetrical penalties — we pay delay penalties at least twice the industry standard. The same obligations apply to both parties, ensuring genuine accountability.
03
What is the Construction-Linked Payment plan?
With our CLP plan, only 55% of the total price is demanded until project completion. You pay as construction progresses — reducing your financial risk significantly compared to industry norms.
04
Are the projects RERA registered?
Yes. Florence Park Phase I (PBRERA-SAS80-PR0398) and Phase II (PBRERA-SAS80-PR0456) are fully RERA registered and Government of Punjab approved — complete legal compliance for your peace of mind.
Contact
Start Your Journey Home with us
Location:
SCO 18-19, Level 1, Sector 9-D, Chandigarh
