To deliver 5 million sqft by the end of FY 23-24
PUNE: VTP Realty, a leading real estate player in Pune, is gearing up to mark a significant milestone with the delivery of 5 million square feet (5000+ units) in the fiscal year 2023-24. Very few brands with Pan India presence have been able to set such a record.
This accomplishment stands as a testament to VTP’s organizational strength and its pivotal role in shaping the Indian real estate landscape. The company’s commitment to excellence and strategic initiatives have propelled it to the forefront of the industry.
Over the past year, VTP Realty has completely focused on its deliveries. While the brand has excelled in sales for 6 years in a row, it is now setting high benchmarks and breaking records in delivery too. Interestingly VTP will also cross the 10 million sq. ft. lifetime delivery mark, by the end of this financial year.
On the sales side, the brand aims to achieve 15% growth from last year’s revenue performance (4000 crore). Many new launches are scheduled for the last quarter which shall propel the company to achieve its high growth target.
To ensure the brand continues on its upward growth trajectory, it has invested heavily in scaling and strengthening its internal systems and technology platforms this year. VTP Realty has implemented SalesForce and SAP this year, which are considered to be global standards in technology for high efficiency. Presales, sales & CRM now operate on SalesForce and the technical departments along with finance and accounts have migrated to SAP. IBM, a leader in SAP implementation, is their partner and they have been instrumental in helping VTP adopt some of the best practices in real estate, ensuring a very high degree of accuracy and control on operations. Both systems integrate seamlessly and offer a complete 360-degree view of the business from lead generation to project completion.
Armed with a strong tech backbone, VTP is gearing up to take a much higher leap in the coming year and is preparing to be one of the best-performing real estate developers in the country.
Today VTP Realty also boasts of hiring top talent coming from the best organizations across the country. Again this fortifies the vision to create delightful homes with the highest standard in quality and design.
Looking ahead, VTP Realty is set to launch significant projects in strategic locations across Pune. These include two projects totaling over 3000 residential units in Hinjewadi phase 1, about 33 Lakh sq. ft. in development, a residential project of 500 units in Bavdhan, about 7.5 Lakhs sq. ft in development, and a sprawling 150-acre township in Khadakwasla, featuring a mix of plots, cottages, and luxury villas.
Sachin Bhandari, Executive Director and CEO, of VTP Realty says, “As we achieve these significant milestones, we are immensely proud to showcase two of our early launches VTP Leonara and VTP Belair. These projects were amongst the first in the Township Codename Blue Waters and today as they are being delivered, I can proudly say they are one of the best projects on the market in their price range.
Our commitment to delivering quality projects and leveraging technology to enhance our processes has been instrumental in achieving these remarkable numbers. Internally, VTP Realty has consolidated its resources, creating a robust team of professionals known for their efficiency and execution capabilities. We take pride in having some of the best talents in the real estate space, joining us from A-list brands across the country, contributing to our success, and aligning with our vision. VTP Realty believes that orbit repositioning involving ambitious plans requires creating an environment that enables high growth. Hence we have proactively implemented robust systems that will ensure we stay on course to become one of the most trusted real estate players in India.”
As VTP Realty continues to redefine industry standards, these accomplishments reflect its resilience, innovation, and commitment to delivering unparalleled value to stakeholders and customers alike.
 in the fiscal year 2023-24. Very few brands with Pan India presence have been able to set such a record.){kind=link}