The Affordable Housing Major Completes its Mumbai Project

VBHC- The Affordable Housing Major Completes its Mumbai Project

Mumbai Project – Hands over 350 homes at its Vaibhav -Palghar project in a record time of 20 months~ ~VBHC is the first developer to offer a fast growing township in Palghar~

The pioneer of quality affordable housing – Value & Budget Housing Corporation (VBHC) has reiterated its commitment of bringing affordability to the country’s most unaffordable market with the delivery of over 350 homes at its Vaibhav -Palghar project in Mumbai.

VBHC is the first real estate developer in the entire Palghar area that has delivered 350 apartments in a record period of 20 months. Also, the organization is the only developer in the region that offers such a large-scale residential development equipped with all modern amenities.

Speaking at the handover ceremony, Mr. P.S. Jayakumar, Managing Director, Value and Budget Housing Corporation (VBHC) said “This is a proud moment for us at VBHC to have been able to deliver homes for possession to 350 owners within the promised period. At VBHC, we believe in creating sustainable communities for our customers. The Palghar project is a testimony to our endeavor towards the same.”

The project is spread across an area of 47 acres with 70 per cent of open space with landscaped gardens and a kid’s play area. Vaibhav- Palghar like other projects of the company has used the reliable FORM based construction technology. The project has also incorporated various sustainable elements like dual plumbing, solar water heating, bio gas plant & sewage treatment plant along with recreational facilities like club house, shopping complex as well as other amenities.

With pan India presence, VBHC is one of the few developers in the country dedicated to serving the low cost housing segment and has simultaneous projects being lined up in Tier I, II & III cities to cater to the increasing demand for affordable housing. The company is in various stages of identification and procurement of land for developing affordable housing in the states of Rajasthan, Gujarat, Maharashtra, Tamil Nadu, Uttar Pradesh and Madhya Pradesh to expand its national footprint. VBHC has large scale expansion plans and promises to deliver 18,000 homes in the next 3 years as it expands its footprint across India.

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