About Palghar:
Palghar is the first major station after Virar. After Palghar, only Boisar & Dahanu Rd are the major stations in Maharashtra. Hence, on the Western line – there is little scope for linear expansion. Which means, all the three towns are poised for growth. Palghar has recently been declared the 36th district of Maharashtra. As the administrative headquarters, Palghar would see a lot of investment in coming few years. We would see a substantial up gradation in infrastructure. Various media news have quoted that a corpus of 300cr-500cr has been allocated for infrastructure improvement for Palghar. About 6000 government employees are to be moved to Palghar. This will have a cascading effect with related liaison officers and other related movement happening. In short, in the next two years, we foresee a huge demand for housing coming exclusively from government related activities. The connectivity to mainland Mumbai has improved dramatically in the last year with local trains. The number/frequency of the local trains is going to increase exponentially. The new proposed bullet train will also halt at Palghar. Being in the MIDC zone – Palghar enjoys almost uninterrupted power supply. Even the water supply is uninterrupted. Unlike Boisar, Palghar is not home to heavy industries – making it pollution free and ideal for end-use also. About VBHC:
Value and Budget Housing Corporation (VBHC) is a real estate company working in the domain of affordable housing. VBHC has been promoted by Jerry Rao (ex founder – Mphasis) and Jayakumar (ex- Asia Pacific Head- Citibank). VBHC has been backed by a host of marquee investors. These include HDFC, Carlyle and Caspian. Even World Bank has invested in VBHC through its subsidiary, IFC. Transparency – all relevant approvals are in place. This means complete peace of mind for you as a buyer.
2. Commitment to quality – Despite working in the affordable segment, no compromises have been made on the quality front. For instance, Ultratech cement, JSW/Tata steel bars, Schindler lifts etc have been used in our construction. Standard fittings and fitments have been used.
3. Delivery timelines: We take pride in delivering our projects with in the committed timelines. For instance, our first phase of Palghar is on schedule and would be delivered before November, 2014 well within 24 months. As an investor, this saves you unnecessary interest cost (if you have taken a loan) and helps you monetize your asset (by putting it on rent).
