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apartment in chennai - Alliance Group Raises 200 Crore Funding

Jan 27

Alliance Group Raises 200 Crore Funding

Chennai, January 21st, 2015: Alliance Group, India’s fastest growing real estate company, today announced a significant corporate development of funding received from Indostar Capital Finance Limited and Reliance Capital Limited.
Alliance Group has been funded INR 200 crore by way of non convertible debentures from a Consortium of Institutions consisting of Indostar Capital Finance Limited and Reliance Capital Limited for funding the group’s expansion activities.
Speaking on the occasion, Mr. Manoj Sai Namburu, Chairman and Managing Director, Alliance Group, said, “We are very glad with this new development. Alliance, believes in creating scales of economy by developing large projects, thus it is able to pass the value to the customers by offering homes at much lesser prices compared to the projects in the neighborhood. With this spirit, Alliance continuously keeps expanding its land bank.”

Alliance Group, with 1.04 Crore Sq. Ft. (10.4 Million Sq. Ft.) worth Rs 5,000 crore under execution at different stages, in Chennai city alone, makes the company among the largest developer’s in Chennai and working towards becoming the largest developer in Chennai by 2016.

Alliance Properties:

Alliance Group has developed communities totaling over 3000 homes; flats in Anna Nagar, flats in OMR, flats in Pallavaram, villas in Porur, villas in OMR, and plots in Oragadam.

Based in Bangalore, Alliance Group is one of the premier developers of master-planned residential communities in South India focusing majorly in Chennai, Bangalore and Hyderabad. Alliance Group team is dedicated to transforming strategic land parcels into some of the most desirable and exciting neighborhoods in the country.

 

Award-1160x390

May 8

Orchid Springss Apartments In Chennai – Best Luxury Project Residential North Chennai

Orchid Springss apartments in Chennai has another feather in its cap – it has been awarded the ‘ Best Luxury Project – Residential in North Chennai’ by Silicon India & DHFL in the recently organised ‘Chennai Real Estate Awards’. Mr. Suneel Bommireddy, Executive Director Alliance Group received the award.

Alliance Orchid Springss, one of the finest apartments in Chennai, is an exclusive community spread across 18 acres of lush greenery, embellished with 2026 truly exceptional apartment homes, a shopping mall, multiplex and an international standard clubhouse. Strategically located in Annanagar West Extension, Padi, facing the serene Korattur Lake – the third largest lake in Chennai, Orchid Springss offers an exclusive lifestyle beyond imagination.

Living spaces are designed to offer a scenic view of its natural surroundings. Location of Orchid Springss is awe-inspiring, with infrastructure around being well-developed and everything is within reach.

Designed by world renowned international architects, Orchid Springss is a blend of traditional and contemporary styles. Apartments at Orchid Springss are designed with emphasis on open spaces, 3-side ventilation and 360 degree lighting. The new-age design of Orchid Springss will stand the test of time, with its elegance and grandeur remaining untouched.

It’s believed that quality of homes defines of the quality of life. The architectural brilliance of these Chennai apartments, Orchid Springss, is about integrating the locale with living spaces. The locality is calm, serene and scenic as Orchid Springs is facing Korattur Lake. Generally, the atmosphere is cool with the temperature being 2 to 3 degrees lesser compared with other parts of the city. Another advantage being excellent ground water table, which ensures abundant availability of water.

These apartments in Chennai enjoy a 50,000 sq ft space solely dedicated to leisure activities. An international standard clubhouse with a large swimming pool at the Orchid Springss, is the best place for unwinding. The 5 Star clubhouse is ideal for socialising with neighbours, partying with friends or just spending time with family. With its world-class design, infrastructure and facilities, clubhouse is sure to cause a wave of envy among glitterati of Chennai.

Orchid Springss, among the finest homes in Chennai bring residents more features than they would expect: Health Club & Gym, Lounge Library, Restaurant, Indoor Games, Meditation Centre, Squash Court, Tennis Court, Basket Ball Court, Children’s Play Area, Jogging Track, and Landscaped Gardens.

About Alliance Group:

Over the last 13 years, Alliance Group has developed communities totaling over 3000 homes; flats in Anna Nagar, flats in OMR, flats in Pallavaram, villas in Porur, villas in OMR, and plots in Oragadam.

Based in Bangalore, Alliance Group is one of the premier developers of master-planned residential communities in South India focusing majorly in Chennai, Bangalore and Hyderabad. Alliance Group team is dedicated to transforming strategic land parcels into some of the most desirable and exciting neighborhoods in the country.

Alliance Group mission is to create and develop vibrant, unique and well-planned residential communities, providing the greatest value and lifestyles to its residents. Our communities are in desirable locations with a focus on liveability and high architectural control standards offering a range of residential options to potential home buyers. Alliance Group includes residential communities crafted to satisfy the diverse needs of home buyers with a wide variety of single family and multi-family homes. Each community contains amenities that are essential to today’s lifestyle needs, including an excellent mix of housing types, school locations, interconnected green spaces, parks and natural areas for walking/cycling and more while always maintaining architectural integrity throughout.