2 More Coveted Awards to the Most Awarded Real Estate Developer, Alpha G:Corp

Online, May 2, 2011 (Newswire.com) - One of the fastest growing and most felicitated professional companies in Indian real estate, Alpha G:Corp Development Private Limited was conferred with 2 more Awards at the at the CNBC AWAAZ CRISIL CREDAI Real Estate Awards 2010 held at Marina Bay Sands, Singapore on April 28-29, 2011. The 2 latest Awards are for Best Commercial Property North for their 1.2 million sq ft City Centre in Amritsar, AlphaOne, and Best Residential Property North for their benchmark eco-friendly residential habitat in Gurgaon, GurgaonOne, Sector - 22, Gurgaon. The premier Hindi Channel CNBC AWAAZ, CRISIL - India's leading ratings company and CREDAI - The Confederation of Real Estate Developers' Associations of India, the apex body of real estate developers in India joined forces for these Real Estate Awards.

With the increasing number of players in the Real Estate Industry, these awards by industry apex and monitoring bodies monitors and lends credibility to professional achievements in the sector. Powered with a robust methodology and selection procedure designed by CRISIL, these awards ensured that the best developers and architects were rewarded for their outstanding work and contribution towards the society, the industry, and the nation as a whole.

"Behind our success are well designed systems and processes that incorporate transparency, a value-driven approach, customer centric values and reliability in line with contemporary best global practices. We take it as a challenge to successfully convert the constantly growing demand for value-based real estate demand through quality work, timely delivery and uncompromising fair practices. We will continue to follow the path of perfection. I thank the Jury, CNBC Awaaz CRISIL CREDAI and most of all, my long-term colleagues and core team members, Mr. SK Sayal, Mr. Prodipta Sen, Mr. Mukul Kumar and Mr. Ashish Sarin along with the team, associates and stake holders for this success," stated Col RS (Pickles) Sodhi, Managing Director, Alpha G:Corp.

Talking about the company's latest achievements in a remarkably successful year, Mr. SK Sayal, Director & CEO, Alpha G:Corp commented, "We feel gratified at receiving these honours for our professionalism, expertise and technical innovations, including the facility management of all our developments. Our collective management skills for the past 30 years are best shown in our approach seeking excellence. This important factor reflects in our projects becoming sold out before the market launch, something that has been regularly taking place in all our announced projects, starting with our first development, GurgaonOne, Sector 22, in 2006. Personally, I feel privileged to be here in Singapore to receive these Awards on behalf of the company."

Driven by positive growth in the economy, real estate in India is booming. The industry has marked a 30% annual growth with an overwhelming progress in residential and commercial properties. The construction sector accounts for nearly 7-8% of India's GDP and is emerging as one of the key growth segments in the economy. The real estate sector has always played a significant role in the Indian economy. The time for the sector couldn't have been better with huge demand as well as supply in both residential and commercial spheres. Leading the pack of the top real estate investment markets, India is expected to see a rise in FDIs, on the back of progressive reforms by the government as well as the confidence of the players in the segment.

This year's association with CREDAI makes these awards even more special by hosting these awards at the 11th Natcon 2011. CREDAI brings together 20 state and city level associations that have over 5000 individual members who share a common vision to improve the real estate industry in India.

Alpha G:Corp and its Management has been recognized for its pioneering professionalism as a real estate company in the media as well numerous felicitations from global and industry apex bodies with several prestigious national and international Awards.

Currently, the company is developing large-scale integrated townships, city centre projects, commercial and residential projects, entailing over 40 million square feet of development across India. Alpha G:Corp recently launched GurgaonOne, Sector 84, their second group-housing project in Gurgaon. Riding high on investor confidence, the first phase of GurgaonOne Sector 84, (440 apartments) was completely sold-out in under 48 hours of the announcement.

www.alphagcorp.com

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