Real estate developer Alphacorp will develop a luxury residential project in Gurugram, Haryana with an investment of Rs 350 crore. The company has entered into a joint venture (JV) for this plan, and expects a revenue of Rs 600 crore.

The project 'Alphacorp SKY1', is located in Sector 15, Part 2, Gurugram, and entails the development of 200 units. The apartments will range from 2,400 to 3,600 sq. ft.

The company will develop 5,00,000 sq. ft. on two land parcels, one measuring 2.38 acres and another 2.36 acres. There will be 29-floors in all. With GRIHAcCertified four-Star and IGBC Gold four-Star ratings, this development will offer cutting-edge amenities. The project is expected to be completed within four years.

With the city backed by rapid infrastructure growth and dynamic urban development attracting a diverse range of residents, and investors, and along with the upcoming Gurugram Metro expansions and flyovers, the project would set a new benchmark in urban living.