Expanding Footprint: Vijay Shanthi Builders Ventures into Emerging Cities
Vijay Shanthi Builders (VSBL), a renowned Chennai-based housing promoter, is set to make its presence felt in emerging real estate cities with the launch of premium products and building solutions.
Upcoming Projects:
- Salem, Tamil Nadu: The company is poised to commence construction on a premium villa project, spanning 20 acres of land. The project will comprise approximately 100 villas, each measuring 3000 square feet, with unit prices ranging between ₹75 lakh and ₹85 lakh.
- Udaipur, Rajasthan: A new project featuring 40 villas on an 8-acre site is also in the pipeline.
- Matheran, Maharashtra: Having acquired 35 acres of land, VSBL plans to develop leisure homes in this scenic locale.
Further Expansion Plans:
- Coimbatore and Madurai, Tamil Nadu: The company is actively seeking suitable sites in these cities to develop premium and medium-segment housing solutions.
Established Track Record:
With over three decades of experience, VSBL has successfully completed more than 200 housing projects in and around Chennai. The company now aims to construct over 2000 apartments, targeting the middle-income segment with prices ranging from ₹30-32 lakh per unit, in locations such as:
- Sriperumbudur
- Madhavaram
- Ambattur
- Old Mahabalipuram road, all situated around Chennai.
Quote from the Managing Director: Mr. Suresh Jain, Managing Director, VSBL, shared the company's strategic expansion plans, highlighting the upcoming projects and the focus on premium and medium-segment housing solutions.