Anuj Khetan says “We have seen increased interest from the homebuyers for our projects”.
MUMBAI, June 10 (the CONNECT) – Realtor Vijay Khetan Group aims to net around Rs. 2500 crore from its two projects being launched shortly.
After the successful delivery of the phase1 of their landmark project VKG Krishna Residences at Chakala Andheri East, Vijay Khetan Group will soon be launching its second phase and another luxury project Passcode Beverly Hills at VKG Estates in Andheri East.
The company has invested about Rs. 400-500 crores so far and will be investing another Rs. 400-500 crores on these two projects for which the entire funding will happen through internal accruals.
Vijay Khetan Group is a debt-free company and therefore the revenue that will be garnered through these projects will be used directly for their business.
Commenting on the business growth, Anuj Khetan, Director, Vijay Khetan Group said, “The first phase of our project Krishna Residences at Andheri has received a stupendous response from the homebuyers. With this massive success, soon, we will be launching the phase 2 of Krishna Residences at Chakala and a brand new project Passcode Beverly Hills at VKG Estates in Andheri East. We have seen increased interest from the homebuyers for our projects that add value propositions in the current real estate market. Considering the growing demand for our products, we expect to clock at least Rs 2500 crore revenue in the next 3 years.”
Krishna Residences is a modern yet classic residency at Andheri, Mumbai. The brilliant structure enhances your life to the new heights. Designed meticulously with the mixture of luxury and repose, the remarkable project ensures a cozy touch of freedom combined with the sophisticated comforts you are accustomed to. With the refined and contemporary design, every distinctive apartment in the Krishna Residences has a signature characteristic. The Crystalline houses are the perfect place to reside with the luxurious interiors and palatial dimensions.
VKG’s another new launch Passcode Beverly Hills is an ultimate reflection of the urban chic lifestyle located at VKG Estates in Andheri East. The project hosts in its lap exclusively designed residential apartments, each being an epitome of elegance and simplicity, Passcode Beverly Hills is in troupe with many famous schools, hospitals, shopping destinations, tech parks, and every civic amenity required, so that you spend less time on road and more at home.
A location that is well connected to the city, yet far enough to be in the lap of nature combining the perks of city life with lush greenery and smart living. The project will feature 2 towers with 4 wings of 13 storeys each which brings a lifestyle adorned with luxurious comforts and seamless connectivity on a hilltop.
The project is a well-planned living space which is the hallmark of thoughtfully laid out lavish 1 BHK and 2 BHK apartments with state-of-the-art amenities, whilst being perfectly located close to the major highways of the Mumbai city. It will comprise of 204 apartments with carpet area ranging from 405 sqft to 645 sqft costing from Rs 1.5 cr onwards.
With a lifestyle specially curated to spoil you at every step, at Passcode Beverly Hills you will never run out of things to do, with a plethora of amenities to choose from. You will never have a dull moment ever as the amenities comprise of swimming pool with deck, ladies and gents’ spa, banquet hall with pantry, indoor gym, yoga & meditation room, business centre with meeting rooms & café lounges, indoor games room, jogging track and much more.
According to recent studies, home buyers prefer organized players having a good track record of execution. The robust sales and increased new launches by top players are only likely to grow in the upcoming quarters, especially since homebuyers are now more skewed towards leading developers who assure them timely project delivery and quality construction.