VBHC launches VAIBHAV Phase II in Delhi NCR
Feb 22, 2014
Source : The Times of India


DELHI: Value and Budget Housing Corporation (VBHC), pioneers of affordable housing in India, have announced the launch of Phase II of their Project Vaibhav in NCR- Bhiwadi region. Vaibhav Phase II will have a total of 395,866 sq ft 2BHK apartments. The township is built in 5 towers of 2 basements& 10 floors each and the project is spread across 4 acres of land.

Located at NCR, Vaibhav – Bhiwadi is a 22.5 acres township consisting of affordable apartments and plotted development. The construction will incorporate contemporary practices in building and construction technologies like rain-water harvesting, dual-plumbing, waste management among others and the project will be environmentally sustainable. In addition to this, landscaped gardens, club house, community centre and shopping complex will add to the project features. The price of land in Bhiwadi has been steadily appreciating and is expected to do so even further, which is an added advantage to current and prospective customers.

Commenting on this development, Rajeev Talwar, director and head of Northern Region, VBHC, said, “We received an overwhelming response to our plotted development at Vaibhav Bhiwadi, which proves the incredible trust & confidence that our customers have in VBHC across India.NCR along with Mumbai are championing the real estate story in India & we are pleased to bring an affordable option to both these key housing markets in India.”

Some of the highlights of Vaibhav Phase II are:-

  • Central park and open spaces
  • Sustainability being embedded in the DNA of VBHC, soil, water and energy conservation are top priorities
  • Well laid out internal road network, sewage treatment plant, electrical sub-station, street lighting, an overhead water tank & an exclusive commercial area dedicated to the requirements of the community.
  • Rain water harvesting, improved technology for lighting as well as STP water recycling for flushing
  • A world of improved features which come at no extra cost for customers

“While the real estate industry has gone through a slump we continue to experience steady sales and are confident of delivering to our customers the keys to their dream homes within 30 months from the commencement of the project. We will continue to maintain the highest standards of quality and customer service across all our projects in all cities” said P.S. Jayakumar, managing director and co founder of VBHC.

VBHC is one of the few builders that have kept their promise of delivering homes to its customers on time; this performance has proven to be a differentiator in the market.  After a successful run in Bangalore and Mumbai, VBHC now continues to carry forward the momentum and legacy to its customers in the NCR region.

Committed to high-value affordable living, VBHC will ensure quality construction with all essential services. Vaibhav Phase II will be well-equipped with modern amenities like 24×7 securities, local shopping complex, ATM, community centre, landscaped gardens with walking area and a club house. It will be a mini township that provides all necessities within easy reach.  The project will be a green haven with beautiful landscape of sprawling gardens.

VBHC plans to expand in the NCR region with 2 more projects in Neemrana and Behror, thereby enabling VBHC to have 10 live projects by 2015.The affordable housing giant currently has over 5 million sq feet under development after having sold over 2000 homes across India. Continuing with their manufacturing approach, VBHC is on track to have the largest inventory of homes within the next 6 months.

About VBHC

Value & Budget Housing Corporation Pvt. Ltd. (VBHC) is a professionally managed real estate company which believes that good quality living should be within everyone’s reach. The company was co-founded by former MphasiS Chairman, Jaithirth (Jerry) Rao and former Citibank consumer banking head, P. S. Jayakumar.

VBHC’s objective is to provide housing that meets high quality standards, ensure speedy completion and delivery at low cost. These objectives are best met through the application of contemporary building technology and adoption of ingenious industrial engineering processes. The company commissioned a detailed research to evaluate various Form Systems, their comparison with traditional bricks-and-mortar building methods and then chose the optimum solution in the Indian context.

Our flagship project, Vaibhava Bangalore, has been able to transform real estate development into a lean industrial process amenable to mass production with the use of ‘form’ technology for construction. Phase I has been successfully completed, 1500 sold and keys handed over to 1000 residents as well. The technology is being replicated in Chennai and Mumbai as well.

Latest Realty News

Noida-based realtors demand for Environment Impact Assessment
Feb 22, 2014
DELHI: To meet the deadline of both residential and commercial projects and bring the prices down by at least 10 per cent, the Noida-based realtors have demanded for Environment Impact Assessment (EIA), a norm for provide auto environmental clearance to all types of real estate projects in India.
Realty companies with foreign investment may buy farm land in India
Feb 22, 2014
DELHI: The urban development ministry is pushing for retrospective application of a significant change proposed in the foreign direct investment (FDI) policy for construction sector, which will allow foreign investors to purchase farm land in India.
Gurgaon-Pataudi Road is set to emerge as a prime residential destination
Feb 21, 2014
DELHI: Once upon a time, Pataudi was the seat of a princely state, which was ruled by the nawabs of Pataudi. With the rising demand in housing today, Pataudi (Gurgaon-Pataudi Road) has turned into an urban cluster teeming with real estate development and industrial set-ups.
Rs 50,000 cr Tax-free Bonds to Boost Infra Investments
Feb 20, 2014
DELHI: India will need $1 trillion by 2020 for the infrastructure sector while projects worth over thousands of crore are yet to get off the ground for want of different clearances.
Real estate market looks up in Greater Gurgaon
Feb 20, 2014
DELHI: Located 24km from Gurgaon city, Greater Gurgaon, the newly-notified area in the new Master Plan, is the new marketing name for Sohna Road. Currently, Greater Gurgaon is registering a boom in the real estate market with supply keeping pace with demand; experts even say the area is all set to emerge as the next axis for residential, commercial, institutional, and industrial development in Gurgaon.
Ansal Buildwell to invest $100 million in Bahrain market
Feb 20, 2014
DELHI: Realty firm Ansal BuildwellBSE -2.95 % today announced a tie up with Bahrain-based VKL Holdings under which the two firms would invest $100 million each to develop housing and infrastructure projects in India and Bahrain.
Noida plans to slash circle rates
Feb 19, 2014
NOIDA: The department has decided to reduce circle rates, especially in group housing and commercial categories, as it has failed to achieve the annual target revenue. Senior department officials said they were not able to generate the revenue due to a steep hike in circle rates undertaken earlier.
Registry charges for extra facilities in housing societies set to go
Feb 19, 2014
NOIDA: The stamps and registry department has decided to reduce circle rates, especially in the group housing and commercial categories, as it has failed to achieve the annual target revenue. Senior officials of the stamps and registry department said that they were not able to generate the revenue due to a steep hike in circle rates undertaken earlier.
New Gurgaon has a range of housing options
Feb 19, 2014
DELHI: New Gurgaon — well connected to NH-8, the forthcoming Kundli-Manesar-Palwal Expressway, and Dwarka-Gurgaon Expressway—has brought fresh supply of units for people looking to invest in residential and commercial real estate. And, the residential property looks especially attractive here owing to the affordable rates.
Real Estate law should apply on small projects: Committee
Feb 19, 2014
DELHI: A parliamentary panel has favoured bringing small projects within the purview of the Real Estate (Regulation and Development) Bill, 2013. The panel has said the law should be made applicable on constructions that are built on 100 square meters of area or more.

Latest Realty News Of State

Realty Talk's