Alpha G:Corp Launches 2nd Phase Of 2 Successful Projects, GurgaonOne, Sector 84 & AIC, Karnal

Online, June 30, 2011 (Newswire.com) - Alpha G:Corp's reputation as a professionally managed real estate developer and their commitment to furthering the cause of eco-sustainable habitats with optimum amenities and timely deliveries are the reasons for all their developments being fully sold before the market launch. Their latest project namely, the 1st Phase of GurgaonOne, Sector 84 (GO84) got sold in a record period of 48 hours from the announcement of the project. Now, Alpha G:Corp is set to launch the 2nd Phase of their 12.5 acres residential development in Sector 84, Gurgaon, with 100 units out of a total 670 apartments. Alpha G:Corp sold all 225 apartments on offer in the 1st Phase comprising of 2-3-4 BHKs.

Similarly, the success of the 1st Phase of Alpha International City, Karnal (AICK), Alpha G:Corp's post-modern, 306 acres eco-friendly and fully integrated township has also led to the launch of 2nd Phase of the project. The 2nd Phase of Alpha International City, Karnal (AICK) was again done through a public draw of lots to foster transparency. The 1st Phase was launched at INR 6000/- per sq. yd. in 2006 while with the timely handover and modern infrastructure delivered in the 1st Phase led to the launch price of INR 18000/- per sq. yd. in the 2nd Phase. The 2nd Phase of AIC, Karnal will generate sales revenue of more than INR 250 crores with a total of 292 plots of 250, 360 and 500 sq. yds. The preference of buyers for plots in AIC, Karnal and apartments in GurgaonOne, Sector 84 is due to prime locations, investment opportunities, transparency, dependability and the management team's proven record of excellence spanning 3 decades.

Col. R.S. (Pickles) Sodhi, Managing Director, Alpha G:Corp stated, "After the success of the 1st Phase of GurgaonOne, Sector 84 and AIC, Karnal, we were getting constant requests from prospective buyers to start the next respective phases. We responded to that demand with the 2nd Phase of GurgaonOne, Sector 84 as well as the township in Karnal, which will be contemporary and benchmark habitats incorporating best sustainable practices. With the metros having witnessed frenzied expansion we are seeing the need-based shift from NCR to satellite towns. There are also ever-increasing aspirations and demand for more wholesome and organized lifestyles in Tier II & III towns to complement their higher disposable incomes. Buyers have become selective after consistent exposure to properties around the world. Quality, timely delivery and high standards of construction are finally mandatory to cater to this expanding market."

For their industry best practices Alpha G:Corp and their management has won several Awards and Accolades from global and industry apex and media bodies like CNBC Awaaz - CRISIL & CREDAI, World Brand Congress, Asia Pacific Real Estate, Asia Retail Congress, Indo-Thai Economic Cooperation, Exchange4media, CMO Asia, Images Group, Cityscape Asia Real Estate, Pride of Industry, Asia Pacific HRM Congress and the SIAS Summit of Achievers and Leaders.

Alpha G:Corp is developing projects worth INR 5000 crores in India in the coming 5 years. Their areas of operations include Delhi NCR, Amritsar, Karnal, Fatehabad, Ahmedabad, Meerut, Goa and Jaipur. The company's plans include expansion in many other cities in Gujarat, Haryana, Punjab, Rajasthan, Madhya Pradesh and Uttranchal.

"We are thankful to our customers for their support and patronage in making GurgaonOne, Sector 84 and Alpha International City, Karnal hugely successful. Seven years ago when Alpha G:Corp commenced operations, we knew that credibility, professional integrity and persistent attention to detail would be the differentiators that we would bring to the industry. Today, I am glad that the space we occupy in the market is primarily characterized by these values. In 2004, Alpha G:Corp began with a seed capital of INR 15 crores is now evaluated at INR 2500 crores. Our feedback tells us that we owe our success to investors' confidence, which is rooted in our attention to quality, maintenance and industry-best management practices," shared a confident and upbeat Mr. S K Sayal, Director & CEO of Alpha G:Corp.

Alpha G:Corp's asset management model of development and management is based on the best business models practiced globally and have mandatory feasibility study before the design stage, all government permissions and licenses, concept development, marketing, sales, construction and handing over process with post-sales or lease service. Importantly, each project undertaken by Alpha G:Corp has a designated escrow bank account and funds received from buyers go directly to the respective project's exclusive account. Alpha G:Corp's global, professional practices were major points in consideration by Morgan Stanley before investment in the company in 2006.

www.alphagcorp.com

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