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In a remarkable transformation, the Sanfran Group, a burgeoning real estate and infrastructure company in India, has turned the once economically backward and isolated area of Jhansi, Bundelkhand, into a thriving hub of development. Over the past seven years, the group has invested more than 1000 crores in construction, not only focusing on residential properties but also establishing hospitals, clubs, resorts, and international-level schools. This comprehensive approach has elevated the entire region, now referred to as "New Jhansi," into the most sought-after and developed area in Bundelkhand.
The investors in "New Jhansi" are witnessing an exceptional Return on Investment (ROI) of almost 400%. For instance, a plot purchased at Rs. 9 lakhs in 2016-17 is now valued at Rs. 40 lakhs, a flat bought at Rs. 15 lakhs is currently priced at Rs. 45 lakhs, and a villa that was Rs. 45 lakhs in 2016-17 now commands a value of Rs. 175 lakhs. This surge in property values reflects the success and desirability of the region.
In an industry where delayed project deliveries and unsold inventories are prevalent, the Sanfran Group stands out. They have consistently delivered projects well ahead of Real Estate Regulatory Authority (RERA) timelines, defying challenges faced by many real estate developers. Notably, the group has achieved this without extensive media campaigns, relying on the positive word-of-mouth publicity generated by satisfied customers and residents.
Aligned with the development vision of the Uttar Pradesh government, the Sanfran Group has entered into a joint venture with R.S.V consortium, Europe, and MORO Residential Ltd. U.K. This joint venture reflects a substantial commitment, with an investment exceeding Rs. 4700 crores in Uttar Pradesh and Bundelkhand. The group's commitment to various income groups is evident in their slogan, "Sabko Ghar, Samay Par Ghar, Gunvatta ke Saath" (Homes for All, Homes on Time, with Quality). Offering villas ranging from 17 lakhs to 2 crores, the Sanfran Group has contributed significantly to government revenues, approximately 107 crores, through taxes like stamp duty, GST, labor cess, inspection fees, and more. Moreover, the group has been instrumental in generating substantial employment, providing opportunities for around 20,000 individuals.
The success of the Sanfran Group not only showcases their acumen in real estate and infrastructure development but also underscores the potential for transformative growth in regions previously considered economically deprived. The "New Jhansi" story serves as an inspiring example of how strategic investment, holistic development, and a commitment to timelines can reshape the socio-economic landscape of an area, creating not just residences but vibrant communities and economic centers.
As the Sanfran Group continues its journey, their achievements in "New Jhansi" stand as a testament to the positive impact that visionary and well-executed real estate and infrastructure development can have on both the local population and the broader economic ecosystem.
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