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Now affordable homes available in Chennai

1 Comment Sub Category:Apartment News,Chennai Posted On: Jun 15, 2012

Affordable homes are now available in Oragadam, Chennai, launched by Value & Budget Housing Corporation (VBHC), which spreads over 30 acres of land.

The scheme VBHC Vaibhava is the maiden project of VBHC, which is connected to the industrial hubs of Sriperambudur and Oragadam and will be completed in two phases.

The first phase is expected to be completed in 20 months, will have 148 apartments of 2BHK each, costing Rs 16.6 lakh for 792 sq ft apartments.

P. S. Jayakumar, Managing Director of VBHC said that leading MNCs have put major investments in Oragadom and Sriperambudur projects.

In Bangalore, VBHC is developing 1,904 apartments over 16 acres priced between Rs 4.5 lakh and 10 lakh currently. VBHC also plans to start similar schemes in Mumbai, National Capital Region and Hyderabad.

VBHC aims to develop a million affordable homes across 10 cities in the country.

To read more real estate news:

Six affordable housing projects will be launched by VBHC

Source: The Economic Times

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