Alliance Group to set township worth Rs 3,600 crore
The wholly owned subsidiary of Alliance Group, Urbanrise is going to build townships on a 96.5-acre land parcel in Tambaram, Chennai. The project is worth Rs 3,600 crore. Township has a development potential of 13 million square feet and a revenue potential of Rs 7,000 crore, is part of Urbanrise’s expansion plan in the real estate sector, which includes acquiring large tracts of land in prime locations across Bengaluru, Chennai, and Hyderabad.
Also Read: New Residential Complex Planned By GRC Infra