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Suvilas Properties Private Ltd.

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Country/AreaIndia
Company Emailhr@suvilasproperties.com
IndustryConstructionReal Estate
Company website
Company phone+91 8023363444
Established-
Company Revenue$12,020,000
Number of employees0 - 9
SIC Code65655
NAICS Code23237
Main Products--
http://www.linkedin.com/company/suvilas-properties-&-constructions-pvt-ltdhttp://www.twitter.com/suvilas_http://www.facebook.com/suvilaspropertieshttps://youtube.com/@suvilasproperties817https://www.instagram.com/suvilas.properties

Business Info

CINU70102KA2012PTC062139
Registered StateKarnataka
Registrar Of CompaniesRoC-Bangalore
CategoryCompany limited by Shares
Sub CategoryNon-govt company
Company ClassPrivate
Company StatusActive
Registered Office AddressNo.52, Donna Bus Towers, Railway Parallel Road Kumar Park West, Next to Bethesda School Bangalore KA IN 560020
Authorized Cap330000000.00
Paidup Capital330000000.00

Web Summary

Q1: What is the name of the company and its meaning?
A1: The company's name is Suvilas Properties Private Ltd., which is a combination of two words – ‘Su’ and ‘Vilas’, meaning good homes in Sanskrit. This indicates that the company aims to provide high-quality homes.

Q2: What was Mr. Sunil Chowdary's experience with real estate promoters?
A2: Mr. Sunil Chowdary, the CMD of Suvilas Group, had a disappointing experience with a reputed builder in Bangalore who cheated him by providing sub-standard construction quality, untimely delivery, and lack of transparency during the entire process.

Q3: What was Mr. Chowdary's conclusion after visiting 150+ project sites across India?
A3: After understanding the standard and transparency of real estate promoters, Mr. Chowdary concluded that they are 100% dependent on contractors, manpower, machineries, technical people like architects, engineers, MEP consultants, structural engineers, quality control, liaisoning agents, sales & marketing partners.

Q4: What is the M5 formula adopted by Suvilas Group?
A4: The M5 formula adopted by Suvilas Group is Man+Method+Machinery+Material+Money=Meticulous. This formula aims to minimize dependency and create ethical business practices that adhere to quality and transparency in real estate and property development.

Q5: What European Construction Standards did Mr. Chowdary implement for his projects?
A5: Mr. Chowdary implemented 100% European Construction Standards from system formwork to finishes for all his projects in India, associating with renowned brands like Doka.

Q6: Who are the in-house architects of Suvilas Group of Companies?
A6: The in-house architects of Suvilas Group of Companies are Mr. SB Shreedhar and Mr. Ravi John.

Q7: What was spent on European standard formwork and machineries for present and future projects?
A7: 25 Crs. worth of European standard formwork and machineries were bought for present and future projects.

Q8: What is the current status of Suvilas Group's implementation of its criteria?
A8: After years of unwavering commitment and passion, Suvilas Group has successfully implemented all of the criteria set by its CMD at the beginning of the venture.
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