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 residenti.