Luxury Living in Gurugram: Alpha Corp Unveils Rs 350 Crore Housing Project

Alpha Corp, a leading real estate firm, is set to invest Rs 350 crore in a luxury housing project in Gurugram, offering 200 units across 2.38 acres.

Luxury HousingReal EstateGurugramAlpha CorpResidential ProjectReal Estate NewsJul 09, 2024

Luxury Living in Gurugram: Alpha Corp Unveils Rs 350 Crore Housing Project
Real Estate News:In a significant move, Alpha Corp, a prominent real estate developer based in Gurugram, has announced the launch of Alpha Corp SKY1, a luxurious residential project spread across 2.38 acres in the millennium city. The company plans to invest approximately Rs 350 crore in this project, which is expected to generate a revenue of around Rs 600 crore.

The project will feature around 200 luxurious housing units, with the first phase comprising 40 units available for sale. The apartments will range from 2,400 to 3,600 sq. ft. and will be priced between Rs 4.5 crore to Rs 5 crore and above. Construction work is scheduled to commence by September 2024, with possession expected to be handed over to buyers within the next four years.

Alpha Corp SKY1 is a joint development project, with the company having entered into an agreement with the landowners. The total development area for the first land parcel is 2.38 acres, while the second land parcel spans 2.36 acres, making it a sprawling half a million sq. ft. development.

As a leading real estate developer, Alpha Corp has a diversified portfolio of projects across the National Capital Region (NCR), Punjab, Uttar Pradesh, and Gujarat. The company's projects include integrated townships, luxurious condominiums, corporate hubs, retail centers, and industrial parks.

With this new project, Alpha Corp is poised to cater to the growing demand for luxury housing in Gurugram, which is fast emerging as a hub for high-end residential developments. The company's commitment to quality and excellence is expected to set a new benchmark for luxury living in the region.

Frequently Asked Questions

What is the investment amount for Alpha Corp SKY1?

Rs 350 crore

How many units will be available in Alpha Corp SKY1?

Around 200 units

What is the expected revenue from Alpha Corp SKY1?

Approximately Rs 600 crore

When is the possession expected for Alpha Corp SKY1?

Within the next four years

What is the size range for the apartments in Alpha Corp SKY1?

2,400 to 3,600 sq. ft.

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