Alpine Housing Development Corporation

Alpine Housing Development Corporation Limited is a public company involved in property development, construction, and manufacturing of railway infrastructure components. The company's operational strategy is to serve the mid-segment housing market, developing apartments in the price range of ₹60 lakhs to ₹120 lakhs. It also operates a manufacturing unit in Wadi, Karnataka, that produces Railway Sleepers for Indian Railways, benefiting from the network's expansion. To monetize its assets, the company enters into Joint Development agreements, such as the one for 15 acres of land near Kempegowda International airport. In Bangalore's real estate market, the absorption of housing increased by more than 25% in 2023-24 due to a large inflow of people. Financially, the total revenue of the Company increased by 15% to ₹57.56 Crores in the financial year 2023-24 compared to the previous year.;