alpha realty project
The renowned FDI-funded real estate builder Alpha G:Corp in a recent move has announced the launch of its commercial development AlphaOne realty project in Merrut entailing an investment of Rs. 200cr. The high-street shopping and lifestyle destination project is spreading across three lakh sq ft, comprising a world-class multiplex, an extensive food court, specialty restaurants and hyper-stores. Out of the total area about 70% would be owned and operated by the company.

The lease model implemented for AlphaOne Merrut would utilize the expertise of the builder to provide the required impetus for driving revenue and traffic for everybody involved, said Director and CEO, S.K. Sayal, explaining that the construction of the commercial facility is slated to start in the beginning of 2014 and is expected to be commissioned by December 2015. The project, which is located on NH-58 connecting Delhi to Haridwar, Mainland Merrut, is a mixed-use development of which AlphaOne Merrut is a part and is being developed on 19 acres.