Realty project by Alembic in Bengaluru
Alchemy Real Estate is poised to foray into the real estate market of Bengaluru city with the announcement of its new luxury residential apartment project- ‘Urban Forest’. Alchemy Real Estate
Is real estate section Alembic Group of companies which is a renowned Vadodara-based conglomerate which is older than a century. This new project is sure to enhance the structural landscape of White field area.
The company has made the announcement to all leading media that Urban Forest’, which is their first project in Bengaluru is coming up at Whitefield area. Spread over eight acred of land, Urban Forest will have sprawling two acres dedicated for amenities and three acres of green fresh space. It would have 636 two and three bedroom luxury apartments. The project called Urban Forest residences will have luxury apartments ranging from 1314 to 1890 square feet.
This group has so far constructed over 10 million square feet of land. The list includes residential townships, industrial plants, schools, commercial offices and hospitals.
Speaking to media about their into Bengaluru’s real estate landscape, the President of Alembic real estate, Mr. Udit Amin, stated that in a short span of just three years, the company has been successfully transformed the living experiences of several metroites in India. They have achieved this through quality, efficiency, architectural perfection and smart designs. They assured doing the same in Bengaluru at Urban Forest. Location wise, this new project would come up near Hope Farm Junction, which is located around 2.5 km from the International Tech Park Bengaluru.
The Alchemy group has already constructed two residential apartment projects in Vadodara, Gujarat, Shangri La and Samsara. Alembic Group is known as one of the oldest industrial houses in the country. They have a diversified business portfolio with establishements in the healthcare, pharmaceutical, engineering glassware, and chemicals sectors. The Group has also got a market capitalisation of Rs. 9,578 crore and a turnover of Rs. 2,200 crore.
Source: Business Standard
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