Vijay Shanthi Builders part of the Vijay Shanthi Group of Companies was incorporated in 1978. The group has also established it's name in Finance, Mineral Water, Cements and in Resorts development. MAIN OBJECTIVES To carry on the business of developers of property, Promoters of schemes of housing flats, Residential and commercial Apartments, Land Development and Layout schemes, Builders, Civil Engineers, Contractors and Engineering Consultants, Manufacturing Mineral Water and Herbal Water. "Housing for all" is the vision of the group. PROMOTERS V.C . JAIN MR. SURESH KUMAR MR.CHANDAN KUMAR and MR. NARESH KUMAR and their associates The company has handled many prestigious projects in and around Madras and the projects so far completed stand testimony to it's success. The company has been in the business of construction for over 20 years and has established a name for themselves in the property development market, for adherence to timely completion of construction. The promoters are included in the panel of approved builders of HDFC, LIC, GIC and SBI home finance. Vijay Shanthi Builders have Completed 33 projects which adds up to a total amount of constructed area of over 26 lakh (2.6 Mil lion) sq.ft. The total number of families living on this constructed area is more than 2500. Company Profile and Bangalore at a cost of Rs. 117 crores. During the year 2004,Akash Housing Ltd has been amalgamated with the company and according to the scheme of amalgamation,1 Equity share Rs. 10 each will be issued/allotted for every 1 Equity share of Rs. 10 each held by the shareholders of Akash Housing Ltd. Vijay Shanthi Builders Limited Company Engaged in residential construction activity in Chennai , Vijay Shanthi Builders also has a few commercial complexes in Chennai to its credit. Their corporate clients include State Bank of India employees and BHEL employees. There has been a boom in the residential and commercial construction industry over the last decade. HUDCO has come out with proposals to finance private builders. Other organisations like HDFC, LIC, Canfin Home and SBI Finance Homes are extending loan facilities to acquire houses. With economic liberalisation, there has been a boom in commercial construction, which has helped private builders in a big way. . It has diversified into other areas. It has a herbal mineral water processing plant (cap.: 50,000 ltrpd). The company is marketing its mineral water under the brand name Vijay Shanthi Mineral Water. The company also ventured into civil construction. It has also taken over a sick cement unit, Vivekananda Cements, based at Gulbarga. It has been renamed Vijay Shanthi Cements and will remain a 100% subsidiary of the company. The cement produced by the cement division will be utilised in their construction activity and the balance, if any, would be sold in the local market. In 2001, it is in the process of executing about 11 projects in Chennai Snapshot Business Description: Vijay Shanthi Builders Limited operates in the Residential construction sector. Vijay Shanthi Builders Limited is an India-based company. The Company operates in the property development industry. It operates in two segments: construction and mineral water manufacture. Its construction segment is engaged in residential construction. During the fiscal year ended March 31, 2010 (fiscal 2010), its projects included Terracotta, Glo, Waterlilly, Faber hills, Lotuspond, Infinity, Fountain Square, Solitaire, Park Avenue, Pebble and Raj Villas. Inour complete report available for purchase the company is compared to: Ashiana Housing Ltd., Eldeco Housing And Industries Limited and Prajay Engineers Syndicate Ltd.
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