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Sundaram Alternates invests ₹80 crore in VRX Homes
Sundaram Alternates has committed an additional ₹80 crore to Chennai-based real estate developer VRX Homes, bringing its total investment in the company to ₹160 crore.
The capital infusion is intended to accelerate development across several major projects in Tamil Nadu. This includes the development of 1,352 apartments in the Thirumazhisai and Porur corridors, as well as 146 villa plots in Oragadam.
VRX Homes has already delivered 986 apartments and has begun the handover process for an additional 722 units. The company expects to deliver another 820 apartments within the current year.
Entities
Chennai · Ravichandran Ashwin · Sundaram Alternates · Tamil Nadu · VRX Homes
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] VRX Homes plans to deliver 820 apartments this year. bhaskarlive.in · www.newsx.com
- [● 2 SOURCES] The total investment by Sundaram Alternates in VRX Homes is ₹160 crore. bhaskarlive.in · www.newsx.com
- [● 2 SOURCES] Ravichandran Ashwin is the brand ambassador for VRX Homes. bhaskarlive.in · www.newsx.com
- [● 2 SOURCES] VRX Homes has delivered 986 apartments. bhaskarlive.in · www.newsx.com
- [● 2 SOURCES] The company is developing 1,352 apartments in Thirumazhisai and Porur. bhaskarlive.in · www.newsx.com
- [● 2 SOURCES] Sundaram Alternates invested an additional ₹80 crore in VRX Homes. bhaskarlive.in · www.newsx.com
- [● 2 SOURCES] The company has started the handover process for 722 apartments. bhaskarlive.in · www.newsx.com
- [● 2 SOURCES] The company is developing 146 villa plots in Oragadam. bhaskarlive.in · www.newsx.com