Success story of LEPL

It is a fast growing costal andhra company, Started as an entrepreneurial venture back in 1983, called Lingamaneni Estates, to undertake real estate, construction and contracting business. Today the company has changed its constitution to a limited company known as ‘LEPL Projects’ and expanded its focus to Property Development, Infrastructure development in the Commercial, Residential, Education, Power and Health sectors, in addition to acquiring strategically located Land Banks with a futuristic approach.

LEPL was founded by Sri L. P. Bhaskar Rao, a first generation entrepreneur, a visionary with over two decades of experience in real estate development and construction. As Chairman of the Group, he has been at the forefront of the real estate industry in Andhra Pradesh, following its motto “The aim of the Group is to be a professional and responsive corporate entity, with the aim of positively transforming the quality of life of the society at large” through building world class residential and commercial projects, providing quality education, healthcare and power to the society

It has completed three commercial projects:

1) LEPL ICON(Vijayawada) First Multiplex in Vijayawada with Commercial
 Total Project Cost : 4000 Lakhs 
 Anchor Tenant : M/s. Shoppers Stop
 Multiplex: M/s. INOX Cinemas
 Total Area : 1, 20, 000 sft 
 Ideally located in the heart of City

2) LEPL OASIS CenterThe current property gives the best opportunity for the successful running of YUM Franchisee. Ideally located in the heart of the city where the prime business malls, commercial centres are located. The Population of this region are very much interested in 3 major areas, one entertainment, two shopping and three spending on food. It has got Max Store, Life Style, Spar World Super Market, SVM Bowling Alley, Food Court.

3) LEPL ICON (GUNTUR)

Spread over an area of 4 acres, LEPL ICON, Guntur is being developed in association with Peddle Thorp of Melbourne, Australia. It’s a 150 crore project located on GT Road, Guntur. This state-of-the-art mall has a 3Star hotel, multiplex along with commercial and retail spaces.

It has also two residential mega townships.

1) Raintree Park - Dwaraka KrishnaRaintree Park Dwaraka Krishna is a way of life the people truly deserve. In a lush landscape of 120 acres, rise majestic blocks that offer 3300 stunningly designed apartments. The two and three bedroom units cater to every individual requirement. Open, sunlit and breezy, your home gives you just the elegance, tranquility and security one needs for a quality lifestyle. The fittings and finish, the space planning and design are so impressive that even your morning cup of tea becomes a magical experience!.

2) The Pinnacle (Melbourne)Doncaster is a suburb centered around the Doncaster Hill, about 12 km east from the Melbourne Central Business District. The Doncaster region dates back to 1800s. One of Melbourne's major shopping malls, Westfield Doncaster, is close by. Which means nothing is too far – the comfort of home, and the convenience of necessities.

LEPL Airlines

It will make a foray into the aviation sector, Good quality domestic air transport services would be launched by the company once it gets no-objection certificate from the Ministry of Aviation.

Sri L.P.Bhaskar Rao – Chairman    
The founder Chairman of the Company, having pioneered the growth of the company, his progressive thinking made him conscious of the need to offer custom made solutions in housing for the common and middle class people with quality and affordable amenities. Mr. L.P. Bhaskara Rao is one of a distinguished creed of first generation entrepreneurs who with his thorough vision and dedication has carved a niche for himself in the property development arena. This farsightedness has placed LEPL as a major company in Southern India. 

Sri L.V.S.Rajasekhar – CEO    
A visionary and an acclaimed entrepreneur, an MBA by qualification with over 15 years of vast experience in construction and retail arena, he has been at the forefront in initiating and implementing the concept of Retail and Multiplex in Tier – II and III cities. He has been instrumental in bringing Multinational retail brands to cities like Vijayawada, Rajahmundry, Guntur etc. Having travelled extensively to different countries he has also been successful in collaborations with overseas investors for the Joint developments of various commercial Projects in Andhra Pradesh.

Sri L.Ramesh – Managing Director     A visionary, dynamic and enthusiastic leader with a great sense of business acumen and experience in executing projects with overseas investors and corporates in addition to being an able marketing professional. His visionary efforts and dynamism were crowned with success through the development of the first international class township in coastal Andhra Pradesh by successfully forged a Joint Venture with one of the world’s largest infrastructure construction companies M/s. IJM Corporation Berhad, Malaysia. He has also successfully collaborated with Momentum Melbourne Pty Ltd. For a residential project in Australia under the name Lingamaneni Momentum Melbourne Pty Ltd, Melbourne, Australia.