VGN Projects Estates

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VGN Projects Estates Pvt. Ltd.
Company type Private Limited
Industry Real estate
Founded1942
FounderV.Guruswamy Naidu
Headquarters
Chennai
,
India
Key people
Pratish Vedhappudi [1] (Managing Director)
Products Offices
Apartments [2]
Villas
Shopping Malls
Plotted Developments
Infrastructure
RevenueIncrease2.svg $300 million (2021)
Increase2.svg $155 million (2021)
Total assets US$ 475 million
Total equity US$ 475 million
OwnerPratish Vedhappudi
Number of employees
1200 (2019)
Website www.vgn.in

VGN Projects Estates Pvt. Ltd. [3] [4] [5] is an Indian real estate company headquartered in Chennai. VGN primarily focuses on residential projects. [6] It also engages in the development of commercial and institutional properties. VGN also has its own engineering, procurement and construction division which specialises in the construction of buildings, roads, bridges and pipelines . [7] [8] [9] [10]

Contents

History

Founded in 1942, [11] VGN has developed in excess of 20 million [12] square feet of real estate with over 50 projects in the city of Chennai. An ISO 9001:2008 certified company, V. Gurusamy Naidu was the founder of VGN group. In the year 1942, he started a brick kiln factory. [13]

Sponsorships

VGN was the principal sponsor of Chennai Super Kings in the Indian Premier League Cricket 2012 – 2013. [14] VGN has also sponsored various social events including Rotary International, Round Table Conference, Vintage Car Rally [15] and other sports, cultural and charitable events.

References

  1. ↑ "'Chennai is a robust market'". Hindu Business Line. 26 October 2013. Retrieved 25 June 2015.
  2. ↑ "VGN Property gets ₹ 410-cr funding from KKR, GIC". 25 November 2017.
  3. ↑ "Google Maps". Google Maps. Retrieved 25 December 2019.
  4. ↑ "Pragnya Fund Invests In Chennai's VGN Developers' Project". Reuters. 9 December 2010. Retrieved 25 June 2015.[ dead link ]
  5. ↑ Babu, Gireesh (28 August 2012). "VGN Developers to invest Rs 1800 cr in new projects". Business Standard India. Business Standard. Retrieved 25 June 2015.
  6. ↑ Narasimhan, T. E. (7 May 2010). "VGN Developers to raise Rs 700 cr PE fund". Business Standard India. Business Standard. Retrieved 25 June 2015.
  7. ↑ "Company Overview of VGN Developers Private Limited". Bloomberg. Retrieved 25 June 2015.
  8. ↑ "O&M bags VGN Developers' creative duties". Campaign India. 24 September 2013. Retrieved 23 July 2015.
  9. ↑ "VGN Developers set to buy prime HTL land for Rs. 270 crore". Hindu Business Line. 23 March 2013. Retrieved 25 June 2015.
  10. ↑ "VGN Developers wins bid for HTL land in Chennai". Times of India. 6 April 2013. Retrieved 25 June 2015.
  11. ↑ "VGN launches new township project". Hindu Business Line. 7 May 2010. Retrieved 25 June 2015.
  12. ↑ "In blockbuster deal, VGN buys Tata land for Rs 195 cr". Times of India. 28 February 2013. Retrieved 25 June 2015.
  13. ↑ "History of VGN". VGN.
  14. ↑ "Chennai Super Kings takes Nissan, VGN on board". @businessline. 13 March 2013.
  15. ↑ "Chennai-Puducherry two day heritage car rally from today". dtNext.in. 28 January 2017. Archived from the original on 4 March 2017.


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