Alfavision Overseas India Ltd: ₹2,250 Cr Project Discussed with MP CM
Alfavision Overseas India Ltd has provided an update on its proposed racecourse-themed luxury integrated township project in Sehore, Madhya Pradesh. The project, estimated to have a Gross Development Value (GDV) of approximately ₹2,250 crore, was discussed during the "Madhya Pradesh Urban growth conclave 2.0" with the Hon'ble Chief Minister, Dr. Mohan Yadav. The company is developing approximately 220 acres, featuring hospitality, villas, resorts, and adventure facilities. The Department of Urban Development and Housing, Government of Madhya Pradesh, has conveyed its assurance of support. This development is expected to boost tourism, generate employment, and foster economic growth in the state. Further disclosures will be made as material developments occur.
Key Highlights
- Proposed integrated township project with an estimated GDV of ₹2,250 crore.
- Project discussed with Madhya Pradesh Chief Minister Dr. Mohan Yadav.
- Government of Madhya Pradesh has assured support for the development.
- Development spans approximately 220 acres and includes hospitality and adventure facilities.
- Project aims to boost tourism, employment, and economic growth in the state.
Price Impact
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