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Alembic Group Forays into Real Estate Business in Bengaluru

Launches ‘Urban Forest’ luxury lifestyle project with 2 and 3 bedroom apartments in Whitefield, Bengaluru

L-R Mr. Udit Amin, President and Mr Rajkumar K Baheti, CFO of Amlembic Group at the launch press conference of their first real estate project Urban Forest in Bengaluru

L-R Mr. Udit Amin, President and Mr Rajkumar K Baheti, CFO of Amlembic Group at the launch press conference of their first real estate project Urban Forest in Bengaluru

  • 636 Residences in 4 towers, 19 floors high
  • Nestled in 8.23 acres with 2 acres of amenities and 3 acres of green space
  • 2 BHK – 1314 Sq.Ft, 3 BHK – 1762 Sq.Ft, 3 BHK+Servant Room – 1890 Sq.Ft
  • Located 2.5km from ITPB, walking distance from the proposed Ujjwal Metro Station, and in close proximity to schools, hospitals and malls.

India, November 14, 2014:  Alchemy Real Estate, Real estate arm of the 107-year-old Alembic Group of companies today announced its foray into the Bengaluru Real Estate market with the launch of ‘Urban Forest’, its first project in Whitefield, Bengaluru. Alchemy Real Estate will now carry forward Alembic Group’s legacy of uncompromising quality and intelligent design into the fast-growing metropolis, one of India’s most vibrant and pulsating cities.

Alchemy Urban Forest

‘Transforming Modern Living’ in the city through its Experienced Engineering, Financial & Management Stability, and Asset Base Operations, Alchemy Real Estate endeavors to create inspiring places to work, live and explore across the length and breadth of India. Alchemy’s leadership team leverages the expertise of the Alembic Group that has developed over 10 million sq. ft. of land including integrated residential townships, schools, industrial plants, commercial offices and hospitals. The Group’s backing ensures smoother cash flows and professional execution while the extensive land banks it owns guarantee clear ownership titles and paperwork.

Speaking about its foray into Bengaluru, Mr. Udit Amin, President, Alembic said, “Alchemy Real Estate is proud to make a foray into Bengaluru, a beautiful city that offers countless exciting opportunities for sustainable growth and development. In a span of 3 years since our inception, we have been able to help transform living experiences through uncompromising quality, architectural excellence and intelligent design and look forward to doing the same in Bengaluru in the years to come.”

Alchemy has built two unique residential projects totaling over 900 residences in Vadodara, Gujarat host to one of the finest landscapes in the city, environment-friendly initiatives, in-built safety & security along with world-class resort style amenities.

The company will now offer Bengaluru ‘Urban Forest’ near Hope Farm Junction and just 2.5 km from the International Tech Park Bengaluru. The project brings together the convenience of being located just a short distance away from workplaces, schools, malls and hospitals. 636 two and three bedroom luxury apartments are spread out in 4 towers over 8 acres of land with 2 acres of amenities and 3 acres of green space in a lush wooded gated community. Thoughtfully designed yet quaint play areas, seating corners, flower gardens, butterfly parks and leisure pavilions complement amenities such as a spa, swimming pools, multi-purpose hall and game rooms.

Each Urban Forest home is ventilated on three-sides and offers plenty of breathing space throughout and every aspect of the project has been designed for unrestricted movement of air, light and life.

“With Urban Forest, our first residential project in the city, Alchemy looks forward to introducing Bengaluru’s discerning buyers to a new paradigm in luxurious living and architectural excellence. We believe Urban Forest will perfectly meet the needs of those looking for not just a dream residence but also a smart investment option”, added Amin. 

Standard Urban Forest specifications include earthquake-proof RCC framed structure and porotherm blocks for walls, vitrified tiles in entrance lounge, passages, living, dining, kitchen, laminated wooden flooring for master bedrooms, PVC insulated wires, flush doors with veneer finish for main doors, ceramic tile dado up to 600 mm above kitchen platforms, highly polished granite for kitchen counter tops, high quality stainless steel sinks, and Cera or equivalent make sanitary ware in bathrooms with chrome plated fittings of Grohe or an equivalent brand.

In February this year, Alchemy Real Estate won two prestigious awards at the ABP News Real Estate Awards. The company bagged the ‘Emerging Developer of the Year – Residential’ accolade, and its, Mr. Udit Amin received the coveted ‘Young Achiever’s Award’. An independent jury comprising eminent professionals adjudged winners in 20 different industry categories including real estate developers and consultants.

The company’s two residential projects have introduced to Vadodara a new paradigm of luxurious living and architectural excellence in the lap of nature. It’s maiden project ‘Shangri La’ in Alembic City ushered in a unique living experience with 11 towers rising nine floors above Vadodara’s skyline. Another project, Samsara, inspired by experiential Zen philosophy, presented architectural excellence blended with green embrace. Urban Forest residences have apartments ranging from 1314 to 1890 square feet.

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