Real Estate

Real Estate Transactions

Alpha Corp to invest Rs.500-Cr in three stuck projects of Earth Infra

Economic Times  

Alpha Corp is to invest INR 500 crore in three stuck projects of Earth Infrastructure following the National Company Law Tribunal's approval of the real estate developer's resolution plan. The company has taken over three projects – Earth Copia, Earth Sapphire and Earth Techone. Earth Copia is a residential project on Dwarka Expressway in Gurugram with more than 600 flats while Earth Techone is a commercial project on the Yamuna Expressway with a development capacity of 2 million sq ft. Earth Sapphire is a commercial and retail project, spread over 1.5 million sq ft in Greater Noida, where 60% of the work has been done.