Alcove Realty
Est. 1980 · Kolkata, West Bengal · Privately held · Kolkata
🗓Published·Updated·Edited by Rakesh Mahajan
Company overview
Who is Alcove Realty?
Developer of the riverside New Kolkata mega-township and south-city towers.
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Completed projects (not disclosed)
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Sq ft delivered (not disclosed)
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Ongoing projects (not disclosed)
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Upcoming projects (not disclosed)
Our ratings
Builder Score Card
We have published one overall judgement for Alcove Realty rather than five separate assessments. The dimensions below are derived from it, and are shown for comparison only.
On-time delivery: Not publicly documented — ask for the delivery history of the developer's last three projects.
At a glance
Alcove Realty in Numbers
Alcove Realty is a privately held developer founded in 1980, headquartered in Kolkata, West Bengal, active mainly in Kolkata. We rate it 3.4/5 overall — mixed — which ranks 119th of the 212 developers we profile and ahead of 33% of them.
Benchmarking
How Alcove Realty Compares
Each rating against all 212 developers we profile and the 8 in Kolkata.
| Rating | Alcove Realty | Kolkata average | Better than |
|---|---|---|---|
| Construction quality | 3.3/5 | 3.6/5 | 32% of developers |
| Delivery record | 3.2/5 | 3.4/5 | 33% of developers |
| Customer satisfaction | 3.2/5 | 3.4/5 | 33% of developers |
| Financial strength | 3.1/5 | 3.3/5 | 33% of developers |
| Trust | 3.4/5 | 3.7/5 | 33% of developers |
Where a builder has not been separately assessed on a dimension, the figure shown is derived from its overall rating. It is a like-for-like comparison, not five independent judgements.
Buyer guidance
Should You Buy a Alcove Realty Project?
Alcove Realty carries more risk than most developers we rate. If you are considering one of its projects, favour completed or nearly completed towers, check its debt and cash flow, or credit ratings and company filings if it is privately held, confirm the project's escrow account and RERA progress, and avoid large upfront payments.
Check before you book
- RERA registration and quarterly progress for the exact project and tower you are buying.
- Credit ratings and company filings, because Alcove Realty is privately held and does not publish audited results.
- That 70% of buyer payments go into the project's separate escrow account, as RERA requires.
- Financial strength: check its debt and cash flow, or credit ratings and company filings if it is privately held.
The bottom line
Our Verdict
Riverfront value thesis at scale; THE 42 consortium credit is real but shared.
Portfolio
Notable Projects
Key Alcove Realty projects as the builder publishes them. None has a PropertyNivesh research page yet.
Questions
Alcove Realty: FAQs
Is Alcove Realty a good builder? ＋
We rate Alcove Realty 3.4/5 overall — mixed. Riverfront value thesis at scale; THE 42 consortium credit is real but shared.
Is Alcove Realty a listed company? ＋
No. Alcove Realty is privately held, so detailed financials are not published; check credit ratings and company filings where available.
Does Alcove Realty deliver on time? ＋
Alcove Realty has not published an on-time delivery figure we could verify — ask for the delivery history of its last three projects.
How many projects has Alcove Realty completed? ＋
Alcove Realty has not published a completed-project count that we could verify.