VBHC launches Vaibhava, it’s first affordable housing venture in Bangalore

By Pallavii Pitale

The Value and Budget Housing Corporation (VBHC) is launching  their first ever affordable housing project, Vaibhava,  on Wednesday,18th August  2010 at the project  site at Byagadadenahalli, in Bangalore. It offers affordable homes within the range of Rs. 4.5 lakhs upto 10 lakhs.

VBHC was co-founded by Chairman, Mr. Jaytirth (Jerry) Rao of  Mphasis, and M.D., Mr.P.S.Jayakumar, (of VBHC), to set up an expansive network of integrated housing projects across India that would apply industrial engineering to the construction process, build scale through standardisation, all while using the latest construction technology.

Vaibhava, is based on the planning principles of Patrick Geddes. According to him, planning of a residential complex is like Creating a ‘place’ for a vibrant, self sustainable community supported by amenities like, school, health centre, working women’s centre and community shopping.

The buildings here, have east- west orientation in order to reduce heat gain and to align with the existing natural slope of the land. Areas in between these building have been developed as green corridors leading upto nala in the centre of the site. These are permeable surfaces for minimizing water run-off and are embedded with ground water recharging systems. Parks have been planned on either sides of the nala with plantation of indigenous trees in order to enhance the natural surroundings.

The building are laid to maximize open spaces and to optimize total built up area. With only 23% space utilization for building construction, there are enough open and green areas for converting as children play areas, community spaces and leisurely spaces for the elderly people. The ‘Festival Plaza’, Multipurpose Hall, Club House and shopping Centre enhances the value of social interaction.

Each residential unit here is designed by keeping in mind the natural ventilation, optimum daylight and views to community spaces without compromising on aesthetics or floor space.

The spaces also have the sustainable living approach with the provisions of  low flow water fixtures and dual flushing systems to recycle treated water. The complex also houses a sewage treatment plant, has solar street lighting and solar water heating systems for the residential units.

Mr. Deepak Parekh, Chairman, HDFC along with Mr. Jerry Rao and Mr. Jayakumar shall be present for the event.

16 Comments

  1. when w”ll it start?valuable for most middle class.

  2. r mahesh

    kindly forward the details of your project in chennai, coimbatore or salem

  3. rajniti kumar

    please send details of above project with location and type of flate.

    thanks rajniti kumar

  4. rajniti kumar

    please send details of the above project with location and flates

  5. Subrahmanian S H

    We’re interested. Full details pl.

  6. Sivaguru

    This is very excellent proposal for middle class people.  Please provide the details of the above project and upcoming projects in Bangalore north

  7. Manjunathrao

    I’m Interested in buying a flat may i have the full details with location.

  8. dr. usha

    Kindly provide details of north Bangalore projects with this.

  9. Altaf

    Please pent flat plan all size project plan

  10. Raghavendra

    Pls give details of flat,location & price & also about the loan facility if you are providing,pls send the photos of the flat or atleast house plan

  11. srikanth

    plans ve been put……but der s no proper details nywhr…pls give d propr details……

  12. Mia Famir

    Pls give more details, we are interested to buy.

  13. Mallesh Kumar

    Wanted know in bangalore where apartments projects are going on.

  14. padmanabhan ganesh

    its like god is willing to grant our wish that is my mothers and mine of living in our own space with no fear of displacement hanging over our heads.
    Kindly forward details of how we can get in touch to view the site and other formalities as such
    and yes we can only afford the least priced property .
    God bless you all in this endeavour.
    regards
    Paddu

  15. Riyaz Ahmed

    This is tremendous opportunity for middle class to purchase flats with affordable price, request to provide details of the above project.

  16. NagaVenu

    Is there any plan to construct houses in vijayawada, if it is when?

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