Alliance Group, South India’s Largest Real Estate Developer, has conquered new heights in the real estate industry with over 72 million Sq.Ft. under development and in the planning stage. Recognized as an organisation that is financially stable & disciplined, Alliance has over Rs.51,000 Crores of real estate portfolio, spread over the most sought-after metropolitan cities of Bangalore, Chennai and Hyderabad
- The organisation was recognized as “The Most Financially Stable and Disciplined Company” in the 17th edition of its prestigious Greatest Brands & Leaders awards 2021-22 by AsiaOne Media. Reflecting on the achievements of the organisation in the FY 2021-22, Mr.Manoj Namburu, Chairman and MD of Alliance Group & Urbanrise, remarked “In spite of the pandemic the organisation has set new milestones in the industry with its Financial discipline that has attracted worlds’ best financial institutions to invest in the organisations projects, including the worlds’ largest Sovereign fund ADIA (Abu Dhabi Investment Authority), Kotak Realty Fund, Motilal Oswal and many more marquee investment firms”. Vice Chairman Mr.Suneel Bommireddy commented that “the core principles of the organisation, namely, offering best in class projects, delivering projects on time, maintaining impeccable financial discipline, and building homes that caters to the needs of buyers, differentiates it from other developers and helps the organisation conquer new heights every year”.
- Braving the pandemic situation the organisation had clocked Rs.2,290 Crores sales with over 3,686 homes sold in the FY 2021-22 and has clocked sales of Rs 2,568 crores during FY 2022-23. The company has sold 4,199 homes, translating into 4.23 million Sq.ft. of sales during the financial year. Mr. Manoj Namburu, Chairman and MD of Alliance Group & Urbanrise believes that Trust, Transparency, Customer Delight and Satisfaction are the strong pillars on which the organisation stands.
- Alliance group’s Urbanrise has changed the landscape in Hyderabad real estate industry by casting 1,550 cubic metres of concrete in one single day which is equal to 1,25,000 sq.ft of construction. This huge achievement was at its prestigious “On Cloud 33” project. While the average concrete pours done in most of the residential projects ranges from 200 to 300 cubic metres per day, this mammoth task was made possible by extensive planning and technical expertise, hard work and the endurance of 800+ labours, 160+ technical & supporting staff, 25 members of the purchase department, 75+ members of the batching plants, 25 of the Transit Mixers, and over 50 Lorries, who worked tirelessly to achieve this without a glitch. It is this technical expertise and skilled leadership that enables the Alliance Group & Urbanrise to deliver Quality homes well ahead of the planned deadline.
Marching ahead with its Technical prowess, and Committed to delivering the best-in-class projects with unique features and amenities, the organisation has charted its goal for the next year with plans to invest Rs. 21,600 crore to develop 36mn sq ft of residential projects across the Southern market. The proposed projects will come up in Bengaluru, Chennai and Hyderabad and will more-than-double its portfolio. Strengthening its presence in the real estate scenario, the organisation plans to develop 10 million sq. ft of residential spaces in Bengaluru, 16 million sq. ft in Chennai and 10 million sq. ft in Hyderabad.
Winning the hearts of its happy customers with Superior Quality, Trendsetting Innovation, and personalised customer relationship management Alliance is all set to Soar new heights in the real estate sector in the imminent future.