Top Developers in Vellavedu, Chennai

Headed by Mr Siva Prakash and Mr Chandrasekar, Premier Housing and Properties is a leading real estate player in Chennai. It is a new age builder and provides premier residential and commercial projects at great prices. The developer is among the top 10 developers in the state and ensures the usage of eco-friendly construction materials. In addition, Premier Housing offers independent investor advice, property management, market updates, surveying, subdivision and planning. It aims to provide better homes for a better future. Premier Engineer Park, Premier Fortune Residency, Premier Sri Mayoora, and Premier Aakrithi are some examples of great infrastructure by the builder.

We are one of the leading residential real estate development companies in South India, primarily focused on the mid-market and affordable housing categories. We are among the five largest residential real estate companies in South India, including specifically in Bengaluru and Chennai, in terms of number of aggregate units launched in the calendar years 2012 to 2017 and the six months ended June 30, 2018. We are also present in the mid-market premium and luxury housing categories, commercial and office space category as well as plotted development category.

We are part of the Shriram Group, which is a prominent business group with four decades of operating history in India and a well-recognized brand in the retail financial services sector and several other industries. We believe that our relationship with the Shriram Group provides us with strong brand recall and that we benefit, and will continue to benefit, from the trust and confidence that homebuyers, lenders, financial investors, landowners, development partners, contractors and other stakeholders place in the Shriram brand and its operational history.

We commenced operations in Bengaluru in the year 2000 and, have expanded our presence to other cities in South India, i.e., Chennai, Coimbatore and Visakhapatnam. In addition, we also have presence in Kolkata in East India, where we are developing a large mixed-use project. Bengaluru and Chennai are two key markets for us. These cities are two large residential housing markets in India, contributing to approximately 31.24% of the launches and 34.22% of the sold inventory in India’s seven cities (Bengaluru, Mumbai, Delhi, Chennai, Pune, Hyderabad and Kolkata), across calendar years 2016 to 2017 and the six months ended June 30, 2018.

As of November 30, 2018, we have 25 completed projects, representing 12.86 million square feet of Saleable Area, out of which our 20 completed projects in the cities of Bengaluru and Chennai accounted for 87.69% of our Saleable Area. Further, 81.88% of our total Saleable Area for completed projects were in the mid-market category and affordable housing category (with midmarket and affordable categories accounting for 48.02% and 33.86% respectively), and the remainder in the commercial and office space and luxury housing categories, as of November 30, 2018.

SHRIRAM PROPERTIES- A SEAL OF TRUST!

PART OF THE FINANCIAL CONGLOMERATE SHRIRAM GROUP
22000+ HAPPY FAMILIES
ECONOMIC TIMES BUSINESS EXCELLENCE AWARD 2020 WINNER: DEVELOPER OF THE YEAR (RESIDENTIAL)
PRIVATE EQUITY INVESTMENT BY GLOBAL PLAYERS MITSUBISHI, TPG KOTAK, WALTON STREET CAPITAL STARWOOD CAPITAL AND TATA CAPITAL

Milestone & Awards:

Real Estate Awards 2021 by Global Real Estate Congress:
Most Trusted Real Estate Brand
Mid-Segment Project of the Year – Codename Yuva
Customer Service Excellence Award

By ET Business Excellence 2020, Times of India Group (TOI)
Developer of the Year Residential

12th Reality + Conclave & Excellence Awards, South -2020
CXO of the Year
Integrated Township Project of the Year

Smart City Empowering India Award – 2020
Best Efficient & Sustainable – Smart Real Estate Project

For more than two decades, a broad clientele in Chennai knows V.R. Foundations as one of the pioneer players in Chennai in the real estate, property development and construction segments. We have a broad suite of offerings in these sectors and we serve both residential and commercial customers with all their challenging, unique and custom requirements. Our rich industry knowledge in the real estate and construction sectors has enabled us develop a deeper understanding of our client needs and hence we are able to deliver the best you can hope for.