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Propertybytes.com
An interview of M.Ali Vakil - Chairman VHDC.
Vakil Housing Development Corporation ( VHDC ) is a leading premium layout developer. Spearheaded by M A Vakil who has over two decades of experience in the real estate market, VHDC is a market leader in the gated community niche in Bangalore.
Here are some excerpts from the interview with M. ALI VAKIL chairman VHDC.
Q. Can you give a brief on the growth map of VAKIL ?
Initially we started with just one apartment and one township project. Today we have successfully completed a number of projects like Vakil Satellite Township, Vakil Garden City, Vakil Marina etc. Our latest offering is Vakil Housur Hills, a 100-cr project, in Hosur.
Presently we are in talks with a US based company to raise RS. 500 cr to increase our land base in Bangalore and eighbouring cities. We also plan to invest Rs. 200 cr in Hosur launch two other similar projects there. Devanahalli is another prime area we are focusing on with an investment of Rs. 300 cr. Our latest commercial project is Vakil Square, a software park. We are also looking at IPO possibilities..
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