Expansion in Amritsar by Award Winning Developer After AlphaOne, Alpha G:Corp to Develop Another Landmark

Online, November 1, 2010 (Newswire.com) - One of the fastest growing names in real-estate development and asset management, Alpha G:Corp has signed an agreement with Venus County Developers Private Limited, leading developers of Punjab. The affiliation will bring to Amritsar, the city's largest integrated township on the Grand Trunk Road and is expected to redefine the residential landscape of the region. As an important step towards the development of the project, the company has recently got the CLU (Change of Land Use) for its township development vide Memo no. 7645 CTP(Pb) SP.432 A Dated 18.10.2010 from Department of Town and Country Planning Punjab.

Leading entrepreneur of Punjab, S. Gurdeep Singh Jujhar of Venus County Developers said, "Setting up an integrated township offering best-in-class facilities in the holy city of Amritsar has been our long-cherished vision. Alpha G:Corp has proven its prowess in developing townships and real estate landmarks of international standards, and AlphaOne, Amritsar is testimony to that fact. I'm sure that this project will redefine the standards of urban living not only in Amritsar but across Punjab."

Col. R.S. 'Pickles' Sodhi, Managing Director, Alpha G:Corp said, "Alpha International City will be the largest integrated township in the city backed by post-contemporary infrastructure and superlative civic amenities. Our association with Venus County will add significant value to this project as we endeavour to create yet another landmark in the holy city of Amritsar. Alpha G:Corp is committed to the development and prosperity of Punjab and of the people of Punjab." AlphaOne, Amritsar, the company's first project in the city is the state's largest destination for shopping & entertainment.

Strategically located on the G.T. Road and in close proximity to the corporation limits of Amritsar, Alpha Internatinal City will be just an eight-minute zip-drive through the elevated corridor to the Golden Temple and a few minutes from AlphaOne. The township will therefore combine the benefits of living in a world-class environment at a short distance from the city center.

"Through Alpha International City we intend to deliver to the people of Amritsar the future of contemporary living by creating a self-sufficient eco-system that nurtures all the necessities of life. We seek to not only meet but go beyond the ever-increasing aspirations and demands for a more wholesome and organized lifestyle among modern families. This offering will also provide Non Resident Indians with a viable and hassle-free option to invest in their country of origin." shared Mr. S. K. Sayal, Director & CEO, Alpha G:Corp.

Alpha International City, Amritsar will offer an international school, state-of-the-art medical facilities, a shopping complex, a club, modern sports facilities such as swimming pool, squash, badminton and tennis courts, indoor games and a well-equipped, elegant banquet hall. A large central green area and premium plots overlooking lush greens will be a delight for the township's residents. Designed by ARCOP, leading architects of Montreal, Canada, the township will also offer living conditions of an international standard to residents across different socio-economic categories.

Alpha G:Corp lays stress on inculcating eco-friendly measures in its building technologies with special emphasis on extensive greening, use of renewable energy, waste management and rainwater harvesting systems. In line with the company's excellent track record, Alpha G:Corp will continue to deliver world-class quality before or on defined timelines.

Alpha G:Corp Development Private Limited is one of the fastest growing professional companies in the Indian real estate industry with residential, retail and mixed-use projects encompassing an area of more than 40 million square feet in Gurgaon, Amritsar, Ahmedabad, Karnal, Fatehabad, Jallandhar, Jaipur, Goa and Meerut.

www.alphagcorp.com

Venus County Developers Private Limited

Led by the able hands of S. Gurdeep Singh Jujhar, Venus County Developers is one of the leading real estate developers of Punjab. In the past, Mr. Jujhar has been credited with developing pioneering ventures in the transport sector. His business acumen and impeccable integrity helped him set up one of the largest cable distribution networks in Punjab known by the name of Fastway Transmissions. His diversification into the real estate sector is sure to add great value to the development of Alpha International City, Amritsar.

Alpha G:Corp Development Private Limited

Alpha G:Corp is one of the fastest growing companies in the Indian real estate industry, with developments in over twelve cities across the country. The core team at Alpha G:Corp has a proven track record for excellence spanning more than 30 years, and is widely recognised for pioneering global best practices, transparency, a value-driven approach, customer centricity and reliability in the real estate industry. Backed by Morgan Stanley, leading global financial advisors, Alpha G:Corp was the first real estate company to establish an asset management model of development in India, in line with global best practices.

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