Alpha G:Corp Development is expected to pump in Rs 350-500 crore in Phase II
of its mixed use development project 'AlphaOne' in Amritsar, Punjab.
Phase II of the project includes setting up of service apartments, a premium
residential complex and expanded retail space.
The company has already invested Rs 350 crore in Phase I of the development
spread over one million sq ft, where 90 per cent of the space has been leased
out. The Phase I has anchors like Hypercity, Shoppers Stop, Fun Cinemas, Orama,
Reliance Trends, Standard Max and Lifestyle Max.