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bhubaneswar property-based Vipul Limited developed the 1st phase of Vipul Gardens of The 14-storey integrated residential complex, spread across 10 acres, will have 578 units consisting of 2, 3 and 4-bedroom apartments.

450 flats have been booked, a good response to the residential complex, only 150 flat left. Vipul Gardens Project is expected to be completed in the next three years.
With the real estate sector getting ready for price correction, developers across the country are moving outside their comfort zone and chartering new territories across the country.

Vipul’s managing director Punit Beriwala said, “bhubaneswar,Oirssa is a flourishing city and has fairly good infrastructure. Availability of cheap land and labour makes bhubaneswar a potential market for real estate projects. bhubaneswar still has unexplored regions that fit into our expansion plans.”

Spread over 10 acres, the 14-storey Vipul Gardens project claims to be the first high-rise building in bhubaneswar. This integrated residential complex would have 578 units consisting of 2, 3 and 4-bedroom apartments. Priced at Rs 2,050 per sq ft, the apartment size varies from 1,362 sq ft to 1,393 sq ft for a 2-bedroom unit up to 1,738 sq ft for a 3-bedroom and 2,093 sq ft for a 4-bedroom apartment having 24X7 security system.

Vipul Gardens is basically focusing middle- and high-income group people. Vipul Gardens is aimed at tapping this demand by providing world class amenities to the residents." said Punit Beriwala, managing director, Vipul.

The company is at present working on about 10 million sq ft spread across the country — Gurgaon, Manesar, Daruhera, Mohali, Ludhiana, bhubaneswar, Hyderabad, Nagpur, Siliguri and Kolkata. Vipul already has a presence in Gurgaon, Manesar, Daruhera, Mohali, Ludhiana, Hyderabad, Nagpur, Siliguri and Kolkata. The assignments range from residential to commercial and hospitality projects.