Media Release
Mangaluru, Nov 18: In a remarkable achievement, Vitu Realty, one of Mangaluru’s leading real estate developers, has been honoured with the prestigious ‘Innovative Plot Developer of the Year – Mangalore’ award by Economic Times. This accolade recognizes the company's ground-breaking work on its flagship project Vaikuntam City and solidifies its position as a market leader in Mangaluru's rapidly evolving real estate landscape.
The award was presented to K Ananth Kamath, chairman and managing director of Vitu Realty, and K Laxman Kamath, executive director, in a glittering ceremony held recently. This recognition highlights the innovative approach taken by Vitu Realty in creating Vaikuntam City, a premium gated community that blends modern living with sustainable practices, reflecting the company’s commitment to delivering value through thoughtful and customer-centric development.
Vaikuntam City, located in Surathkal, Mangaluru, has quickly gained popularity among homebuyers. Offering a range of residential plots equipped with world-class amenities, the project has achieved a stunning 90% sales rate within just five months of its launch. This overwhelming response underscores the confidence buyers have placed in the company’s vision and execution.
Speaking on the occasion, K Ananth Kamath said, "We are extremely proud and honoured to receive this prestigious award from Economic Times. Vaikuntam City was designed with a vision to not just offer residential plots but to create a community that stands for sustainable living, security, and modern conveniences. The success of the project and this recognition motivates us to continue innovating and setting new benchmarks in the industry."
Adding to this, K Laxman Kamath, executive director, stated, "Our goal has always been to develop projects that resonate with the needs of our clients, and Vaikuntam City reflects that perfectly. The rapid sale of 90% of the plots in such a short span is a testament to the trust our customers have in us and the quality of what we deliver."
As Vitu Realty looks toward the future, the company has ambitious plans to expand its footprint across Mangaluru and other cities with more gated community projects, luxury villas, commercial ventures and eco-friendly spaces. The team is committed to maintaining the highest standards of innovation, quality, and sustainability in all its endeavours.
With the ‘Innovative Plot Developer of the Year’ award, Vitu Realty continues to shine as a key player in the region's real estate industry.
Site address:
Vaikuntam City,
Behind NITK campus,
Surathkal, Mangaluru
Vitu Realty
Laxman Commercial Complex
Golikatta Bazar, Bunder Mangaluru - 575001
Email: info@viturealty.com
Ph: +91 8904688886
FOR ENQUIRIES: CALL: 8904688886
RERA: PRM/KA/RERA/1257/334/PR/300823/006203
Website: https://viturealty.com/vaikuntamcity/