VBHC

VBHC stands for Value & Budget Housing Corporation Pvt Ltd and is a professionally managed real estate company that plans to construct at least a million affordable homes in the country over the next ten years. The company has a strong focus on quality and aims at offering unmatched value propositions to its loyal customer base. VBHC was co-founded by ex-Citibank Consumer Banking Head P.S. Jayakumar and ex-Mphasis Chairman, Jaithirth (Jerry) Rao. The company has also garnered several big ticket investors including Caspian Advisers, HDFC, Carlyle and IFC. The company is targeting the delivery of around 18, 000 homes in the near future as the first phase of its ambitious expansion plan. The company is also looking at spreading its wings throughout the country. VBHC is on a mission to offer housing that is at par with global projects in terms of quality standards and seeks to offer transparent experiences to buyers. Completion and delivery processes are swiftly executed at the company and its latent objectives include the use of contemporary construction technologies and a lean manufacturing process. Computer enabled design techniques and novel industrial engineering processes enable swifter completion of projects and the use of form technology for construction has empowered VBHC with regard to transforming the very face of real estate in the country. All VBHC new projects bear testimony to impeccable planning and architectural layouts which keep flexible modern living at the forefront at all times. There are several VBHC under construction projects in areas like Mumbai, Bangalore, NCR and Chennai among other areas. Chairman Jaithirth Rao is a feted entrepreneur and has previously worked at Citicorp before founding the immensely successful Mphasis. Managing Director P S Jayakumar had a chequered career with Citibank and is credited with ushering organized retail banking into the country. All VBHC completed projects stand testimony to the company’s commitment to quality and innovation across all aspects of the construction process. The company is also looking at an initial public offering in a bid to power further growth throughout the country and meet its development targets. Vaibhava was one of the most successful projects of the company and is located at Electronic City. This project offered homes at prices between INR 16.74 and 30.93 lakh on an average, thereby setting new benchmarks in terms of affordability and value offerings to customers in a prime location.