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VGN Developers

Shriram Properties strikes deal to buy AVM Land

Shriram Properties strikes deal to buy AVM Land
Shriram Properties Ltd, a part of the $15 million diversified Shriram group has hit a milestone with the new real estate deal involving legendary film producer A V Meiyappan. Shriram’s real estate unit has big plans of building 700,000 square feet worth of residential property around India’s oldest surviving film studio AVM, where economic interests [...] Continue Reading »

ECR: A luxury residential hub

ECR: A luxury residential hub
Chennai- The East Coast Road (ECR) in Chennai continues to witness development of premium and luxury projects which is serving the needs of High Net Worth (HNW) segment. In past twelve months, the region has reported price appreciation of around 10 percent. There is an inherent demand of sea facing properties and independent bungalows. Geographical [...] Continue Reading »

Tata sells its 1.43 acre Chennai property to VGN Developers

Tata sells its 1.43 acre Chennai property to VGN Developers
Chennai – Tata Communications has sold its 1.43-acre property in Chennai to the city based VGN Developers. It is one of the biggest land transactions outside the premium Boat Club and Poes Garden localities. The land was sold at Rs 195 crore or 7.50 crore per ground (one ground is 2,400 sq ft). This property [...] Continue Reading »

VGN Developers ties up with Pragnya PE Fund

VGN Developers ties up with Pragnya PE Fund
Chennai-based VGN Developers has tied up with a foreign private equity fund, Pragnya PE Fund to launch a residential project in Chennai. Both entities have floated VGN Pragnya Realty Pvt Ltd to develop a 5.6-acre residential project, VGN Hazel, near Poonamallee, a suburb about 25 km to the west of Chennai. The residential project will [...] Continue Reading »



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