Alliance Group’s Urbanrise Acquires 96.5 Acres from Reliance Capital

  • Urbanrise, a firm of Alliance Group, has purchased 96.5 acres of land from Reliance Capital.
  • The company plans to invest Rs 3,600 crore to build a township.
  • The land parcel has a potential development of 13 million square feet, with an expected revenue of Rs 7,000 crore.
  • The financial details of the transaction have not been disclosed.


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