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Vijay Shanthi Builders Ltd. Company History and Annual Growth Details

Vijay Shanthi builders is a reputed Madras based company has successfullyy executed projects in Madras city. The company was incorporated on 6th of January 1992.

It is been promoted by Mr. V.C.Jain who has been in the housing contruction activity for over 15 years.

Currently the company is active with 13 new projects covering an area of 8,25,000 sq ft valued about 50 crores all slated for completion within 12 to 24 months. The company is negotiating with 5 more projects worth RS. 1000 lakhs. Additionally the company has now entered into contracting. an agreement has been signed with BHEL Kotturpuram, Madras for 61 flats covering an area of 68,000 sq ft at a cost of 230 lakhs in Phase I. In Phase II of this turnkey project for BHEL, the company will undertake 40 flats covering 38,000 sq ft at a cost of Rs. 218 lakhs.

Lot of diversification proposals are envisaged by the company one o which is the manufacture and marketing of mineral water a high demand area, particularly in water scare Madras city.

2003

- The Company has amalgamated with Akash Housing Ltd.

2005

- The Company has recommended dividend of 5%

2006

- The Company has launched a new Luxurious residential Apartment "PATIO" at Nungambakkam, Chennai.

- The Company has launched a new residential project "GANGOTRI" on IT Corridor, Chennai.

2007

- The Company has recommended dividend of 10%

2008

- The company provides E-mail ID : [email protected] for investors.

2009

- The Company has launched a housing project named "Infiniti"

2011

- Registered Office of the Company has been shifted From Vijay Complex, No.3, Blackers Road, Mount Road, Chennai - 600 002 To No.20/43, Kasturi Rangan Road, Alwarpet, Chennai - 600 018.

- The Company has launched a housing project named Boulevard at Kelambakkam, Chennai.

2012

- The company has received three awards at the CNBC Awaz real estate Awards 2012 for Terracotta, Fountain Square and Infiniti.

2013

-Company is launching the Companys prestigious project "Whistling Woods" at Mambakkam.
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