Tvs Emerald

TVS Emerald garners sales from 1st plotted development project in Karnataka

TVS Emerald, a subsidiary of TVS Holdings Ltd, has registered a sale value of Rs 169 crore on the day of launch of its first plotted development project in Karnataka. 'The Estate' in Bagalur near Sarjapur, is a 33-acre project near Bengaluru, marking the Chennai-based company's first plotted development in the neighbouring state. Of the 461 plots launched, as many as 442 plots were sold. The plots range from 500 sq ft to over 5,000 sq ft in size and priced from Rs 17.49 lakh, a company statement here said on Wednesday. Besides this project, TVS Emerald said it has planned for more in Bengaluru, including an apartment community in Rachenahalli and a luxury project on the Mission road. "The brand has a total of two million sq ft of area under development in Bengaluru," the statement said. The plotted project, 'The Estate' features over 50 amenities including a 15,000 sq ft clubhouse, a banquet hall, swimming pool among many others. Company Director and CEO Sriram Iyer said, "I am .

Realtor TVS Emerald gives Chennai decade high launch-day sales at Rs 438 cr

Located in Kovilambakkam, the project sold 448 homes in a residential project spread over 6.56 acres, and consisting of 820 units built over a saleable area of 996,000 sq ft

TVS Emerald, Columbia Pacific to develop senior living project in Chennai

Real estate developer Emerald Haven Realty Ltd (TVS Emerald) has partnered with senior citizen living community operator Columbia Pacific Group to develop and operate a senior living residential project in the city, company officials said on Wednesday. The project would consist of approximately 250 homes built on a 2.7-acre plot in Thaiyur in neighbouring Chengalpet district. "This is a 50:50 joint venture. We bring the development skills and they are bringing senior living expertise," TVS Emerald president and chief executive officer Sriram Iyer told reporters. According to company officials quoted in a joint statement, the senior living segment in the country is valued at about USD 10 billion and it is growing at a compounded annual growth rate (CAGR) of 10 per cent post the covid-19 pandemic. The project would be designed as per international standards to offer complete solutions to the needs of senior citizens, Iyer said. The launch of the project is planned in 2024 and it wou

TVS Emerald, Columbia Pacific to set up senior living project in Chennai

Joint venture project has a revenue potential of approximately Rs 175 crore

TVS Emerald, HDFC Capital to create Rs 1000 cr platform for real estate

Agreement to assist setting up plotted development projects in Chennai and Bengaluru

TVS Emerald to come up with five new projects in Chennai, Bengaluru

Combined revenue potential of the projects is Rs 1,000 cr; firm eyes 3.5x surge in area uder development to 25 mn sq ft in next 4-5 years

TVS Emerald in talks to raise funds

In residential real estate space, company completed its first project and recently announced the second