The Veda Lakshmi ARK project was executed by Vedaspace Constructions Private Limited, a promoter-owned Entity founded by Vijay Cherukuri in 2011 in Hyderabad, India. The project demonstrates the promoter’s hands-on experience in delivering high-quality commercial real estate assets and informs the execution philosophy at Mugdha Ventures. The project was launched in 2013, completed in 2014, and fully sold out by 2015, reflecting strong market acceptance and disciplined go-to-market execution. Achieving full absorption within a short post-completion window underscores Mugdha Ventures’ strengths in site selection, product positioning, pricing strategy, and execution timing.

Veda Lakshmi ARK stands as a clear example of the firm’s ability to:

• Identify marquee urban locations with sustained demand
• Deliver institutional-quality assets aligned with tenant and investor expectations
• Execute projects within planned timelines, minimizing development risk
• Execute projects within planned timelines, minimizing development risk

The project generated attractive value outcomes for stakeholders while establishing Mugdha Ventures’ reputation as a disciplined, outcome-oriented developer capable of delivering high-quality commercial real estate assets in competitive urban markets.

This completed project serves as a strong proof point of Mugdha Ventures’ development DNA combining prudent capital deployment, execution rigor, and market-aligned product strategy—providing a solid foundation for future, larger-scale investments.

Investment Highlights

Project: Veda Lakshmi ARK

Asset Type: Class-A Commercial Office

Location: Jubilee Hills, Hyderabad

Size: ~70,000 sq. ft.

Status: Completed & Fully Sold

Timeline:

• Launched: 2013
• Completed: 2014
• Fully Sold: 2015