BCD Group has recently made a foray into the Chennai market with its maiden turnkey residential project. The company's entry into the Chennai market is part of its plan to diversify its exposure to turnkey projects across the country, by offering comprehensive services from design consultation to handover. The project is a semi-luxury apartment development called Ayana 95, and will comprise 2, 3, and 4 BHK-style units, spread across 2.5 acres. Construction is set to begin in the first quarter of 2023, with an expected completion date of the first quarter of 2025.
BCD Group, one of the oldest and most respected names in the Indian construction and design industry, has recently made a foray into the Chennai market with its maiden turnkey residential project. The company's entry into the Chennai market is part of its plan to diversify its exposure to turnkey projects across the country, by offering comprehensive services from design consultation to handover.
BCD Group's entry into the Chennai market with its first turnkey residential project is an exciting development for the company and the market. With its innovative solutions, technology-first outlook, and commitment to meeting homebuyers' needs, the company is well-positioned to become a leading player in the Chennai market and throughout the country.
The first project in Chennai is a semi-luxury apartment development called Ayana 95, which has been specifically designed to cater to the growing demand for quality residential projects in the city. The project will comprise 2, 3, and 4 BHK-style units, spread across 2.5 acres, and construction is set to begin in the first quarter of 2023, with an expected completion date of the first quarter of 2025.
BCD India has been selected as the construction partner for the Ayana 96 project and will be responsible for the turnkey work. Angad Singh Bedi, Managing Director at BCD Group, stated that the award of the development project in Chennai by Ayana 95 is a testament to the group's leadership and expertise in the industry and that the company is committed to delivering on its promises to homebuyers, thereby fulfilling their requirements. This is also in line with BCD Group's vision of becoming the preferred partner for companies' turnkey projects, with its state-of-the-art offerings that cover the widest spectrum of construction solutions.
BCD Group has a strong reputation for delivering innovative and sustainable solutions and is known for its technology-first outlook. The company is one of India's only zero-debt contractors, with integrated capabilities of 'concept to delivery' and a large and talented pool of consultants, vendors, and employees. The company also has dedicated in-house engineering data centres, competency cells, advanced formwork systems, and digitized project control, enabling it to deliver projects efficiently and effectively.
BCD Group has significant exposure to the Tamil Nadu market, with several industrial, commercial, and residential projects in Krishnagiri for Delta Electronics, a Fortune 500 company. The company has also been awarded a project to develop a new Indian Oil Refinery in Chennai, which is one of the largest of such projects in the country. Construction of the oil refinery, which is spread across 76 acres, began in July 2022, and is expected to be completed by the third quarter of 2023.
The market in Tamil Nadu is of great significance to BCD Group, as several cities in the state are emerging as micro-markets, leading to an increased demand for quality real estate. Additionally, the state boasts a large pool of skilled manpower, which enables the company to offer great designs, safety, and best-in-class facilities to its customers. Currently, the company is developing over 6 million square feet of turnkey projects for leading builders across the country, including Salarpuria-Sattva group, Century group, Koncept Ambience, ATL, Oppo, Delta Electronics, as well as for most marquee HNI's and bespoke homes across the country.
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