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Vijay Shanthi Builders Ltd. (VSBL), incorporated in January 1992 is
engaged in Property Development mainly of Promotion of
housing/residential flats in and around Chennai. VSBL had completed
260 buildings for 8000 satisfied families, in a span of time
extending over two decades including under the erstwhile partnership
concerns of the Promoters. Existing Projects under various stages of
development and negotiations completed for new Projects involve a
built up area aggregating to 55.00 lakh Sq.ft. VSBL also has a small
purified drinking water plant in the outskirts of Chennai.
VSBL is known for its’ quality of delivery of Homes with clear
title, on time and without cost escalations along with necessary
completion certificate(s) from the regulatory authorities. VSBL is
included in the panel of approved builders of Standard Chartered
Bank, HDFC, LIC Home Finance, ICICI Bank, Canfin Homes etc.
VSBL is a profit-making dividend paying company listed in the Bombay
Stock Exchange (BSE). The Current Market Price of Equity Shares of
face value Rs.10/- each of VSBL is quoted around Rs.61 at the BSE.
VSBL has been in the business, including the works under the
erstwhile partnership concerns of the Promoters for the last 25
years, with VSBL’s saga of progress almost coinciding with the
evolution of community living in multi-storied apartments in the
city of Chennai. VSBL, over the years, has developed 260 building
catering to diverse markets both for the popular segments in
localities viz. Ayanavaram, Chetpet, Chetpet, Saligramam, Vadapalani,
Vepery etc, and up-market segments in areas such as Adyar, Anna
Nagar, Kellys, Mylapore, Shenoy Nagar, T.Nagar, Perungudi and
Thaiyur on OMR Route within the Municipal Corporation limits as well
as Metropolitan limits of the city of Chennai. In line with the
market trend VSBL’s properties under development presently also
include luxurious and lifestyle apartment complex and
semi-independent bungalows aesthetically designed with the
inspiration drawn from villa type housing, having courtyard, hand
painted ceramic tiles, club house, children play area, gymnasium,
roof garden etc. and complete with ethnic landscaping, in the
up-market areas of Nungambakkam, Alwarpet and Adyar, Mylapore as
well as nearby the Central Business Districts of Egmore and
Nungambakkam, within the corporation limits of the city of Chennai.
VSBL over the years has developed considerable in-house expertise in
construction management and has in its’ panel reputed Architectural,
Civil and Structural Consultants for specialised services. |