Vasathi Housing which has executed several projects in the Hyderabad city, has finalised plans to launch projects in Bangalore & Chennai later in the year.
Delivery on Schedule..!
Mr. P. V. Rajendra Kumar, CEO (chief executive officer) Vasathi Housing Ltd said, “In a market where most buyers find their projects getting delayed due to clearances and late deliveries, the company seeks to present itself as a trusted real estate developer that ensures delivery of projects on schedule,”
Mr. P. V. Rajendra Kumar also said, ''Our company has managed to achieve timely deliveries in all projects it has thus far implemented. This is something customers like and feel disappointed if there is delay. The Vasathi Anandi project, wherein 500 flats are coming up in a gated community close to IT hub, will be ready by December 2012 as per schedule. We have already invested Rs. 50 crores, and have the commitment from our parent company for a further investment of upto Rs 100 crores. We expect to achieve revenues of Rs. 100 crores this year, and Rs. 200 crore to Rs. 250 crore next year, making us one of the fastest growing residential focused real estate players in India. We are also envisaging an IPO in the next 2 years”
Mr. P. V. Rajendra Kumar also said, ''Our company has managed to achieve timely deliveries in all projects it has thus far implemented. This is something customers like and feel disappointed if there is delay. The Vasathi Anandi project, wherein 500 flats are coming up in a gated community close to IT hub, will be ready by December 2012 as per schedule. We have already invested Rs. 50 crores, and have the commitment from our parent company for a further investment of upto Rs 100 crores. We expect to achieve revenues of Rs. 100 crores this year, and Rs. 200 crore to Rs. 250 crore next year, making us one of the fastest growing residential focused real estate players in India. We are also envisaging an IPO in the next 2 years”
Highlights of Vasathi Navya..!
* Navya is a self-contained gated community with round the clock security. It comprises 190 well configured 2 B H K apartments that offer quality living at an affordable price.
* Along with supermarket, pharmacy & polyclinic includes specially laid out jogging track, gymnasium, indoor play area, yoga room, library, children’s play area and outdoor shuttle court.
Vasathi Housing plans to initiate works on 2 projects in Bangalore. One is a 6 acre site another is of 17 acres at Yelahanka.
* Along with supermarket, pharmacy & polyclinic includes specially laid out jogging track, gymnasium, indoor play area, yoga room, library, children’s play area and outdoor shuttle court.
Vasathi Housing plans to initiate works on 2 projects in Bangalore. One is a 6 acre site another is of 17 acres at Yelahanka.
Chennai project..!
The Chennai project will come up at Sholinganallur. Vasathi is among select real estate developers to offer third party certification provided by Bureau Veritas ensuring standard structures conforming to green building norms.
About Vasathi:
About Vasathi:
Vasathi Housing Limited is one of the fastest growing real estate developers in the ‘Affordable Luxury Housing’ residential market segment. Vasathi has established a prominent position through building energy efficient and environment friendly homes that offer lasting value, with an emphasis on latest designs, competitive layouts and cutting-edge technologies.
Vasathi Homes are designed as per LEED (Leadership in Energy and Environmental Design) guidelines. It has achieved ISO 9001:2008 certification. This is testament to Vasathi’s commitment to quality.
For more information please visit: www.vasathihousing.com
Media Contact:
Mr. Srinivas Bangaru
Deputy Manager - Corporate Communications
Vasathi Housing Ltd., 8297001228/994908274
srinivas.b@vasathi.co.in
Mr. Srinivas Bangaru
Deputy Manager - Corporate Communications
Vasathi Housing Ltd., 8297001228/994908274
srinivas.b@vasathi.co.in
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