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Bhutani Group receives completion certificate for Alphathum Phase-I

Monday, 18 Jan 2021
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Bhutani Group, NCR-based realty player in commercial real estate, has received completion certificate for Alphathum Phase-I in Noida.
The certificate is for Tower B & C. The total area of the project is 39 lakh sq ft, out of which 21 lakh sq ft is ready for possession in Phase-I. 
The project located in Sector 90 will also be home to the world’s largest rooftop infinity water body with a well-designed Zen garden. 
The project with G+27 floors was launched in April 2016 and is fully sold. Alphathum has a current selling price of Rs 7,250 per sq ft as against the launch price of Rs 4,750 per sq ft. 
In September 2020, the Group announced its plans to invest around Rs 5,000 crore over the next four years to develop three commercial real estate projects in Noida and Greater Noida in Uttar Pradesh. 
The total area in the three projects each, around 25 acre in size, is 160 lakh sq ft, of which 40 lakh sq ft has already been constructed. 
The Group has recently launched Grandthum in Greater Noida West where construction is taking place as per the schedule.
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