Alpha Corp is bringing fresh hope to the NCR real estate market by reviving three major projects that had remained stalled for nearly 15 years. Located in Greater Noida and Gurugram, these projects have finally received Supreme Court approval, clearing the path for completion. The decision is expected to provide relief to more than 3000 homebuyers and investors whose money has remained stuck since 2011.
The projects were originally launched by Earth Infrastructure Limited, which entered insolvency proceedings in 2018. The developments include Earth TechOne and Earth Sapphire Court in Greater Noida along with Earth Copia in Gurugram. Together, these projects cover nearly 4.5 million sq ft of residential and commercial space.
| Aspect | Details |
| Project Names | Earth TechOne, Earth Sapphire Court and Earth Copia |
| Locations | Greater Noida and Gurugram |
| Total Area | Around 4.5 million sq ft |
| Buyers Affected | More than 3000 |
| Investment Amount | Rs 750 crore to Rs 900 crore |
| Construction Status | Gurugram projects are 30 to 40 percent complete while Greater Noida projects are 60 to 70 percent complete |
| Completion Timeline | Expected within the next 4 years |
Alpha Corp received responsibility for completing the projects under the Insolvency and Bankruptcy Code, but the matter remained stuck in legal proceedings for a long time. In May 2026, the Supreme Court approved the company’s revival plan and cleared the way for construction to resume. The court also directed that pending dues should be cleared within 24 months without putting any additional financial burden on buyers.
The company is now planning to invest heavily over the next four years to complete the developments. Construction work is expected to restart soon. After years of uncertainty, the decision has once again given hope to buyers waiting for possession of their homes and commercial units.
Over the years, many buyers faced financial and emotional stress. Several people continued paying home loan EMIs while also managing rent expenses. Investors also missed out on rental income and property appreciation during the long delay. With the projects finally moving forward, buyers are now expecting relief and a clearer timeline for possession.
Real estate experts believe the revival of these projects could create a positive impact on the NCR property market. Areas like Greater Noida and Gurugram may witness improved buyer confidence along with better property demand and prices. The move is also being seen as an important example for other stalled real estate projects across NCR.
Source: Navbharat Times
