The Phase III of GurgaonOne 84 residential project has been launched by the Gurgaon-based real estate developer Alpha G:Corp Development (Alpha G:Corp) which is also a partner of Morgan Stanley. Spread over an area of around 12.5 acres the project will be developed in Sector 84 of New Gurgaon.
Mr. S K Sayal the CEO and director of Alpha G:Corp said that within the first two days of its launch the Phase III of GurgaonOne 84 project has been sold out. He admitted that the company was overwhelmed by this demand in Gurgaon which it did not anticipate. He attributed the high brand presence because of the success of its earlier project GurgaonOne in Sector 22 which witnessed a three-fold appreciation in the last three years. According to Mr. Sayal this was the reason why GurgaonOne 84 got sold out so fast.
ARCOP of Montreal, Canada has designed the GurgaonOne 84 project which will have seven independent towers. Each tower will have more than 19 floors which will have combinations of two, three and four-bedroom apartments. The carpet area of these apartments will range from 1,181 to 3,194 sq ft. There will be a total of 668 apartments in the said projects which is divided into four phases. The first two phases were launched in February. There were a total of 439 apartments and the base price was Rs 3,420 per sq ft.
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