VBHC Value Homes Wins NDTV and ACEF Property Awards for Low Cost Residential Projects

VBHC Value Homes Pvt. Ltd. (formerly Value & Budget Housing Corporation), a Bangalore-based builder who has projects coming several cities in India, has won the prestigious NDTV and ACEF property awards for its projects in Mumbai and Bengaluru.

VBHC's 'VBHC Greenglade' located in Palghar, Mumbai, won the NDTV Award under the 'Low cost housing apartment project of the year' category while 'VBHC Palmhaven-1' project located off Mysore Road, Bengaluru, won the ACEF Property Award under the 'Residential Project of the Year' category, a company release said.

Rahul Sabharwal, COO, VBHC Value Homes Pvt. Ltd. said, "We are one of the few focused players in the affordable housing segment in the country and receiving such prestigious recognitions makes us feel proud. Our vision is to make the affordable homes really affordable in India and also fulfil our PM's vision of 'Housing for all by 2022'."

The 'VBHC Greenglade' project has excellent connectivity to Mumbai and Gujarat through Western Railway Line and National Highway 8 (NH8). The project has 70% open spaces and offers modern amenities to enhance lifestyle.

Jury members for the  awards included Mrs Renu Sudkarnad, MD, HDFC; Mr Amit Bhagat, CEO & Managing Director, ASK Property Investment Advisors Pvt. Ltd; Mr Ritesh Vohra, Partner, Real Estate Investments, IDFC Alternatives Limited; Mr Rohit Salhotra, MD and CEO ICICI-HFC; Mr Sachin Sandhir, MD, South Asia, RICS and Ms Manisha Natarajan, Senior Editor, Business and Real Estate, NDTV.

About VBHC

VBHC Value Homes Pvt. Ltd is a professionally managed real estate company which believes that good quality living should be within everyone's reach. The company was co-founded by former Mphasis Chairman, Jaithirth (Jerry) Rao and former Citibank Consumer Banking Head, P. S. Jayakumar. With marquee investors like HDFC, IFC, Carlyle, Van Herk Groep and Caspian Advisers, VBHC has large scale expansion plans and promises to deliver 18,000 homes in the next few years as it expands its national footprint across India.