VASCON INTRODUCES ‘GOODLIFE’- AFFORDABLE VALUE HOMES

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Pune, 10th May 2018: Vascon Engineers Ltd (BSE Scrip ID VASCONEQ), one of the most trusted and renowned developer headquartered in Pune, today announced its foray into the value housing segment with the launch of its new project “Vascon Goodlife”, located at Katvi, Talegaon. The project that offers 1RK, 1BHK and 2BHK homes aims at providing not just affordable, but value homes with a strong focus on nurturing learning and growth making it a first-of-its kind learning infrastructure in a residential project.

The project boasts of amenities for all age groups, such as library, study rooms in each tower, online education room with computers. In the initial phase, the company will be launching approximately 500 units that will comprise of 6 and 11 storeyed buildings. Spread across 10 acres, Goodlife is well connected to the Old Mumbai-Pune highway and Mumbai-Pune expressway and is well within close proximity to IT, ITES and Industrial hubs.

Mr. Siddharth Vasudevan (MD – Vascon Engineers Limited) said, “There has been a huge rise in the demand for affordable housing projects in recent times. The increased urban migration as well as the various initiatives by the Government of India has fuelled the growth in housing needs. Our project Vascon Goodlife is a first ever value homes project that will focus on nurturing, learning and growth. By utilizing technology and expertise, the project offers a unique value addition for each and every member of the family. Vascon with a legacy of over three decades has been known for its commitment to excellence and delivering value for money for its customers and we will continue to strive for providing inspiring environments.”

Pune’s real estate market has benefited not only from its proximity to Mumbai but also its own dynamic market drivers in the IT/ITeS, manufacturing and services industries. However, the tremendous construction activity and price growth in rapidly saturating regions of the city has pushed spillover residential demand to more affordable areas like Talegaon, which are simultaneously seeing rapid infrastructure upgrades.