BackJhansi’s most deprived area is now top ROI location in Bundelkhand
Sanfran Group has transformed an area in Jhansi into a sought-after real estate market with impressive returns.
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Mr. Santosh Mishra Director of Sanfran Group, India’s fast-emerging real estate & infrastructure company, which has completed more than 1000 cr. construction development in an area that was considered as most backward & isolated area in Jhansi, Bundelkhand has shared his insights about the area and the company’s growth in this article.
The Group started its journey 7 years ago. The Group has developed Hospitals, Clubs, Resorts, International level Schools etc. Now the whole area has become the most sought-after place to reside and is known to be the most expensive and developed area of Bundelkhand. Popularly known as “New Jhansi" where the investors are happy as the ROI is almost 400% i.e., if a plot was bought in the year 2016-17 @ Rs. 9 lakhs, now its price is Rs. 40 lakhs if a flat was purchased @ Rs. 15 lakhs in the year 2016-17 now its price is Rs. 45 lakhs. A good size villa which was @ Rs. 45 lakhs in 2016-2017 now its price is now Rs. 175 lakhs.
In present times when most of the real estate developers are unable to deliver their launched projects or are struggling with delayed project deliveries, the Group has delivered all of its projects much before RERA timelines. In current times when unsold inventories are being piled up, the Group has been able to sell & book its inventory purely on word-of-mouth publicity of its customers and residents and without much media blitzkrieg.
Committed to the development vision of the Uttar Pradesh government, Sanfran Group has entered into a joint venture with the R.S.V consortium, Europe and MORO Residential Ltd. U.K. and has committed an investment of over Rs. 4700 in U.P. & Bundelkhand.
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The Group has catered to all the income groups of society as per our slogan that says - “Sabko Ghar, Samay Par Ghar, Gunvatta ke Saath". We have given villas ranging from 17 lakh to 2 cr. and the Group has also contributed in government revenues of approx. 107 cr. through various taxes like stamp duty, GST, Labour cess, inspection fee, income tax etc. and generated employment of approx. 20,000.
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