Vermaland

🌵 California Exodus Fuels Arizona Housing Boom 🏡

Who’s moving? Californians — and a lot of them! 🚚 According to STORAGECafe, “173 Californians move to Arizona every day.” Over the last decade, more than 630,000 Golden Staters — roughly the population of Tucson — have traded in their ocean views for desert sunsets.

Why the Move?

💰 Lower Home Prices: $321K (AZ) vs. $659K (CA)
📉 Cheaper Rent: AZ renters save 30% compared to Cali
🛂 Tax Breaks: Income tax in AZ is 2.5% vs. California’s 13.3%

Who’s Leading the Pack?

🔹 Millennials: 26%
🔹 Gen Z: 20%
🔹 Baby Boomers: 18%
🔹 Silicon Valley’s high-earners are making the move too!

Top Arizona Destinations

1️⃣ Maricopa County
2️⃣ La Paz, Mohave & Yuma Counties
3️⃣ Pima County
4️⃣ Gila, Graham, Greenlee & Pinal Counties
5️⃣ Yavapai County

🌞 Whether it’s the sunshine, affordable living, or business opportunities, Arizona is calling — and Californians are answering!

Source: Rose Law Group Reporter

California exodus fuels booming Arizona housing market - Rose Law Group Reporter By AZ Big Media With about 173 Californians moving to Arizona every day, the state is quickly becoming one of the West’s hottest relocation hubs. In the last decade, over 630,000 Californians—roughly the size of Tucson’s population— have made Arizona their new home. So, with this California ...

🌍✨ Exciting Opportunity Alert! 🌟 Are you ready to invest in land? Check out our exclusive list of prime land parcels for sale! 🏞️ Whether you're looking for a solar plant, a bustling development spot, or a future investment, we’ve got you covered! 🙌 Stay tuned for all the details coming soon!

Connect with 𝗝𝗩𝗲𝗿𝗺𝗮 𝟰𝟴𝟬-𝟰𝟱𝟮-𝟮𝟵𝟱𝟮

City of Phoenix Mayor Kate Gallego issued a proclamation announcing July 5th as Vermaland Recognition Day. The proclamation recognizes Vermaland as a private sector leader in advocacy for solar and other renewable energy projects with 16 development contracts with solar power developers, totaling more than 10,000 acres. The proclamation states that Vermaland's mission allows the City of Phoenix to have an ally in attaining its goal of being the world's most sustainable desert city.

Vermaland was founded in 2006 by Kuldip Verma, offering land options for residential, commercial, agricultural, industrial, solar farms and other renewable projects. Vermaland currently owns more than 25,000 acres of land, which is the largest holdings of 50 to 1,200-acre parcels in metro Phoenix.

3000 Acre Data Center Site in Pinal County, Arizona

Situated strategically in the Phoenix-Tucson Megapolitan Corridor in a designated Opportunity Zone, this site is well suited for a Data Center Industrial Park. Outlined in yellow highlight on the map below, this site encompasses approximately 3,000 acres. This industrial park has the potential to become one of the largest data center sites in the US.

Location: Prime location between Phoenix and Tucson on the Picacho Highway, a well-maintained paved road, and adjacent to a 3,800-acre parcel slated for solar farm development.

Energy Solutions: This property boasts solar and battery storage capabilities and has the potential to provide its own electricity.

Accessibility: Proximity to Interstate I-10 enhances connectivity and accessibility.

Flexible Purchasing Options:
Purchase now for maximum flexibility in developing the site according to your specific requirements or opt to purchase the site once it has been developed.

🌟 Vermaland 2023 Year in Review 🌟

It’s been an exciting year for us at Vermaland! Here are some of our key highlights:

🌞 Renewable Energy: We've brought 100 mega solar power producers to Arizona, further solidifying the state’s role as a leader in renewable energy.

🏆 Recognition: We are honored to receive a proclamation from Mayor Kate Gallego and the City of Phoenix, acknowledging our commitment to advancing renewable energy.

💖 Verma Charitable Foundation: This year, we added $10 million in assets to our foundation, bringing our total to $30 million, aimed at making a lasting impact in our communities.

🖥️ AI Data Center Development: We're excited to be developing a 3,000-acre Mega AI data center industrial park within the Phoenix-Tucson corridor opportunity Zone. With its own solar farm, this project is set to be one of the largest of its kind in the U.S.

Thank you to our team, partners, and community for making 2023 a year to remember. Here’s to continuing our mission in 2024!

𝗬𝗮𝗵𝗼𝗼 ! 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 🔥

𝗩𝗲𝗿𝗺𝗮𝗹𝗮𝗻𝗱 Leads in Solar 🌞 Power Development with 10,000 Acres of Solar Power Now in Contract

Vermaland, a leading Phoenix-based land banking and residential land development company is leading the way in solar power development throughout the Valley and announced that as of today, the company has development contracts on 16 solar farm sites with several solar power developers, totaling nearly 10,000 acres.

Since 2007, Vermaland has been aggressively marketing its properties to solar power developers.

"𝗢𝘂𝗿 𝘀𝗲𝗮𝗿𝗰𝗵 𝗳𝗼𝗿 𝗹𝗮𝗻𝗱 𝘁𝗵𝗿𝗼𝘂𝗴𝗵𝗼𝘂𝘁 𝗪𝗲𝘀𝘁𝗲𝗿𝗻 𝗔𝗿𝗶𝘇𝗼𝗻𝗮 𝗶𝘀 𝗮𝗻 𝗮𝗰𝘁𝗶𝘃𝗲 𝗮𝗻𝗱 𝗽𝗲𝗿𝘀𝗶𝘀𝘁𝗲𝗻𝘁 𝗲𝗻𝗱𝗲𝗮𝘃𝗼𝗿, 𝗮𝘀 𝗼𝘂𝗿 𝘀𝗶𝘁𝗲𝘀 𝗵𝗮𝘃𝗲 𝗺𝗮𝗱𝗲 𝘀𝗼 𝗺𝘂𝗰𝗵 𝗿𝗮𝗽𝗶𝗱 𝗽𝗿𝗼𝗴𝗿𝗲𝘀𝘀 𝗶𝗻 𝗿𝗲𝗰𝗲𝗻𝘁 𝘆𝗲𝗮𝗿𝘀," said Kuldip Verma, founder and CEO of Vermaland. "Once completed, the projects will produce approximately 2,000 megawatts of electrical power, the equivalent to providing electricity to 400,000 homes. We have plans to double this capacity over the next few years."

Verma and his team recently completed five different deals in the West Valley and Southeast Valley. Each deal ranges from 700 to 3,000 acres in size. In addition to these solar deals, Vermaland is actively searching for land totaling 320 acres or more, however, in their search, they are noticing the decline in available land.

"As Phoenix continues to grow, we are looking for new opportunities to prioritize land in Western Arizona," said Verma. "However, despite the amount of vacant land, the search has proven to be a limited endeavor as there is a limited supply of land that is actually available for purchase."

Vermaland has been a wholesale buyer and seller of land for more than 20 years, owning thousands of acres of land in the Metro Phoenix area. In addition to several solar projects, Vermaland most recently completed a gated community of homes in the White Tank Mountains off Highway 303 and Dunlap Avenue. Their next occupancies for solar farms will accompany their wish to ethically provide electricity and advocate for the benefit of solar living.

For more information about Vermaland, please visit https://vermaland.com.

𝗔𝗕𝗢𝗨𝗧 𝗩𝗘𝗥𝗠𝗔𝗟𝗔𝗡𝗗

Founded in 2001 by Kuldip Verma, Vermaland is a land banking and land development company based in Phoenix. The majority of their land holdings are located in Maricopa County in areas west of Downtown Phoenix, including Tonopah, Harquahala Valley, Gila Bend, and Hyder. They currently have the largest holdings of 50 to 1,200-acre parcels in Metro Phoenix. Vermaland offers land options for residential, commercial, agricultural, industrial, solar, and other renewable projects. Verma and his team have also donated $20 million in land and cash to the Vermaland Charity Foundation. For more information, visit https://vermaland.com.

Looking to Develop 🌞 Solar Farm

𝗩𝗲𝗿𝗺𝗮𝗹𝗮𝗻𝗱 𝘪𝘴 𝘺𝘰𝘶𝘳 𝘨𝘰-𝘵𝘰 𝘵𝘦𝘢𝘮!

We've got the experience and the know-how to get the job done right.

For more information connect with us on vermaland.com

Source : 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗜𝗻𝘀𝗶𝗱𝗲𝗿

𝗛𝗼𝘄 𝗸𝘂𝗹𝗱𝗶𝗽 𝗩𝗲𝗿𝗺𝗮 𝘁𝘂𝗿𝗻𝗲𝗱 𝗮 𝗿𝗶𝘀𝗸𝘆 $𝟭𝟭𝟮,𝟬𝟬𝟬 𝗯𝗲𝘁 𝗼𝗻 𝗔𝗿𝗶𝘇𝗼𝗻𝗮 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗶𝗻𝘁𝗼 $𝟳𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗷𝘂𝗴𝗴𝗲𝗿𝗻𝗮𝘂𝘁
𝘈𝘯 𝘈𝘳𝘪𝘻𝘰𝘯𝘢 𝘦𝘯𝘨𝘪𝘯𝘦𝘦𝘳 𝘥𝘦𝘧𝘪𝘦𝘥 𝘧𝘳𝘪𝘦𝘯𝘥𝘴 𝘢𝘯𝘥 𝘧𝘢𝘮𝘪𝘭𝘺 𝘵𝘰 𝘮𝘢𝘬𝘦 𝘢 𝘳𝘪𝘴𝘬𝘺 𝘳𝘦𝘢𝘭-𝘦𝘴𝘵𝘢𝘵𝘦 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵 —
𝘢𝘯𝘥 𝘵𝘩𝘦 𝘴𝘮𝘢𝘭𝘭 𝘣𝘦𝘵 𝘦𝘢𝘳𝘯𝘦𝘥 𝘩𝘪𝘮 $𝟤𝟢 𝘮𝘪𝘭𝘭𝘪𝘰𝘯

In the '90s, Kuldip Verma made Arizona real-estate investments that made him a multimillionaire.

In 2004, he founded Vermaland, one of the largest land owners in the state.
In an interview with Insider, he broke down how he got into land banking and his path to success.

Kuldip Verma is a 72-year-old multimillionaire who has been buying and selling land in Arizona for over 20 years.

His journey to real-estate success through land investments began in 1995, when he bought 320 acres of land in Phoenix for around $450,000, putting just $112,000 down. People warned him not to do it because of the low demand for real estate in the area at the time, he told Insider, but he has since made $20 million off of the purchase.

The 320-acre buy was just the beginning of the empire Verma would go on to build.

In 2004, Verma founded Vermaland, a land banking and land developing company, which now owns over 25,000 acres and has brought in nearly $70 million in total profits. (Land banking is the practice of accumulating land over time that is later sold off, often in parcels, to developers.)

In an interview with Insider, Verma and his daughter Anita — the marketing director of Vermaland — broke down how he made a big bet on Arizona real estate that paid off.

Taking a chance on the southwest

Verma, who was born in India and earned his college degree there, started his career as an engineer, C Level magazine reported. He graduated from the Illinois Institute of Technology in 1972 with a masters in industrial engineering, then worked at Acme Barrel Company before launching his own engineering consulting firm at age 30. In 1985, he moved back to India to help with his family's business, a successful company called Beltek TV that manufactured televisions.

In 1992, after Verma had moved back to the States, he moved to Phoenix, Arizona. Having retired from engineering, he was eager to dip a toe into a new industry: real estate.

That year, even though the local real estate market was struggling, 𝘩𝘦 𝘣𝘰𝘶𝘨𝘩𝘵 𝘢 𝟧𝟢,𝟢𝟢𝟢-𝘴𝘲𝘶𝘢𝘳𝘦-𝘧𝘰𝘰𝘵 𝘰𝘧𝘧𝘪𝘤𝘦 𝘣𝘶𝘪𝘭𝘥𝘪𝘯𝘨 𝘧𝘰𝘳 $𝟨𝟧𝟢,𝟢𝟢𝟢, 𝘶𝘴𝘪𝘯𝘨 $𝟣𝟢𝟢,𝟢𝟢𝟢 𝘧𝘳𝘰𝘮 𝘩𝘪𝘴 𝘭𝘪𝘧𝘦 𝘴𝘢𝘷𝘪𝘯𝘨𝘴 𝘢𝘴 𝘢 𝘥𝘰𝘸𝘯 𝘱𝘢𝘺𝘮𝘦𝘯𝘵.

The office building had no tenants when Verma took it over. It was being foreclosed on by the bank. People in his life advised him against such a risky purchase — but Verma had a vision.

A year later, he had converted half of the building into a successful wedding hall and, through aggressive marketing, was able to fill 80% of the remaining office space with tenants. In 2003, he sold it for a total of $4.5 million.

A wedding in Verma's converted hall. Courtesy of Kuldip Verma
𝘐𝘯 𝟣𝟫𝟫𝟧, 𝘵𝘩𝘦 𝘴𝘢𝘮𝘦 𝘣𝘳𝘰𝘬𝘦𝘳 𝘸𝘩𝘰 𝘤𝘰𝘯𝘯𝘦𝘤𝘵𝘦𝘥 𝘩𝘪𝘮 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘰𝘧𝘧𝘪𝘤𝘦 𝘣𝘶𝘪𝘭𝘥𝘪𝘯𝘨 𝘱𝘳𝘦𝘴𝘦𝘯𝘵𝘦𝘥 𝘩𝘪𝘮 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘰𝘱𝘱𝘰𝘳𝘵𝘶𝘯𝘪𝘵𝘺 𝘵𝘰 𝘣𝘶𝘺 𝟥𝟤𝟢 𝘢𝘤𝘳𝘦𝘴 𝘰𝘧 𝘭𝘢𝘯𝘥 𝘪𝘯 𝘵𝘩𝘦 𝘗𝘩𝘰𝘦𝘯𝘪𝘹 𝘢𝘳𝘦𝘢 𝘧𝘰𝘳 𝘢𝘳𝘰𝘶𝘯𝘥 $𝟦𝟧𝟢,𝟢𝟢𝟢.

The land, located about 30 miles from the city, was beautiful, Verma told Insider. Mountains painted the backdrop. However, at the time, there was no real-estate development around it, The land market was almost nonexistent because, as Verma explained, the economy in the Phoenix metropolitan area in the mid-'90s was not strong.

"In 1994 and 1995, the land market here was very bad," he said. "There were no buyers for land, and a lot of the developers had gone out of business in the 1990s."

Despite being told by family and friends — yet again — to walk away from the deal, Verma made the $112,000 down payment.

Over the next two decades, Verma sold off the land in phases to residential developers. Phoenix's single-family home market picked speed; as it did, the value of each acre went up. In 2019, he sold off the last few acres for $4.5 million, bringing the total profit from the plot to $20 million.

Phoenix booms, and so does Vermaland
Verma decided to move to Phoenix when he returned to the US because he had researched migration trends and found the metropolitan area had a high net inflow. In fact, according to a 2016 report by Arizona State University, net migration to the state was "unusually strong" in the 1990s and early 2000s, mainly because of immigration.

His original dream was to develop single-family homes, he told Insider, but he discovered land investment was easier. After all, it only requires buying land and selling it to companies that in turn construct houses or other properties.

About 10 years after he bought the 320 acres, in 2004, Verma launched his own land banking and land development company called Vermaland.

Vermaland, as Anita explained, buys large tracts of land, subdivides them, and then sells the chunks to residential, commercial, and industrial real-estate developers.

The company hit a high note in 2005 and 2006. During that time, the Phoenix housing market was booming. Verm, who kept buying and selling in the area, ended up pocketing $50 million in profits over the course of those two years.

The financial crisis of 2008 slowed down the housing market, forcing Vermaland to target solar power developers instead of home builders. It bought land near power lines to resell.

In 2013, demand for residential properties began returning to Phoenix, so Vermaland pivoted back to selling land to residential developers.

Today, 𝙑𝙚𝙧𝙢𝙖𝙡𝙖𝙣𝙙 𝘪𝘴 𝘰𝘯𝘦 𝘰𝘧 𝘵𝘩𝘦 𝘭𝘢𝘳𝘨𝘦𝘴𝘵 𝘭𝘢𝘯𝘥 𝘰𝘸𝘯𝘦𝘳𝘴 𝘪𝘯 𝘈𝘳𝘪𝘻𝘰𝘯𝘢, 𝘸𝘪𝘵𝘩 𝘮𝘰𝘳𝘦 𝘵𝘩𝘢𝘯 𝟤𝟧,𝟢𝟢𝟢 𝘢𝘤𝘳𝘦𝘴 𝘧𝘰𝘳 𝘴𝘢𝘭𝘦. From 2007 to 2020, the company recorded about $20 million in profits in addition to the massive 320-acre sale that netted $20 million over 20 years. Verma has also made commercial investments following the success of his '92 office building conversion.

In 2013, he established the 𝗩𝗲𝗿𝗺𝗮 𝗖𝗵𝗮𝗿𝗶𝘁𝗮𝗯𝗹𝗲 𝗙𝗼𝘂𝗻𝗱𝗮𝘁𝗶𝗼𝗻, which has since donated $5 million to the Arizona Community Foundation, including $1.2 million worth of of land. The Arizona Community Foundation distributes grants, loans, scholarships, and more to state residents in need.

Verma's No. 1 piece of real-estate investment advice is to track migration patterns and establish an on-the-ground network of contacts.

"See where the people are moving," he said. "Talk to as many brokers as you can so you can get a clear picture of what is going on in the current market."

𝘚𝘰𝘶𝘳𝘤𝘦
https://www.businessinsider.com/real-estate-investing-kuldip-verma-phoenix-arizona-land-banking-vermaland-2021-2?IR=T

Hi Investors

𝗖𝗵𝗲𝗰𝗸 𝗼𝘂𝘁 𝗟𝗮𝗻𝗱 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗶𝗻 𝗔𝗿𝗶𝘇𝗼𝗻𝗮

➡️ 𝗜𝗜𝗜 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗗𝗲𝘀𝘁𝗶𝗻𝗮𝘁𝗶𝗼𝗻 - 𝗖𝗼𝘆𝗼𝘁𝗲 𝗥𝗶𝗱𝗴𝗲, 𝗔𝗭

It is near the proposed site of the Smart City of Bill Gates.

It has natural 🏜️ desert, beautiful natural views. Catalina 🌄 Mountains adds to the beauty of Coyote Ridge.

Coyote Ridge is surrounded by neighborhoods such as Oracle, Winkelman, Dudleyville, Hayden.

Last few years avg 📈 prices in Coyote Ridge has been rising. We believe the rise will continue as requirement

▶️ For more information visit Vermaland.com or contact 𝗔𝗻𝗶𝘁𝗮 𝗩𝗲𝗿𝗺𝗮-𝗟𝗮𝗹𝗹𝗶𝗮𝗻

Hi Investors ,

𝗖𝗵𝗲𝗰𝗸 𝗼𝘂𝗿 𝗟𝗮𝗻𝗱 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗶𝗻 𝗔𝗿𝗶𝘇𝗼𝗻𝗮

➡️ II 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗗𝗲𝘀𝘁𝗶𝗻𝗮𝘁𝗶𝗼𝗻 - 𝗦𝗼𝗻𝗼𝗿𝗮𝗻 𝗥𝗶𝗱𝗴𝗲, 𝗔𝘇

It has ample views of beautiful 🌄 sunsets & desert🏜️ landscape. The several shopping, 🎾 tennis, golf and dining options just minutes away.

Sonoran Ridge is surrounded by neighborhoods are North Goodyear, Central Goodyear, Verrado, Yucca.

Last year in 2019, the number of lots sold has been the highest over the last 🔟 years. We believe the 📈 rise will continue

▶️ For more information visit Vermaland.com or contact Anita Verma-Lallian

𝗛𝗶 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀

𝗖𝗵𝗲𝗰𝗸 𝗼𝘂𝗿 𝗟𝗮𝗻𝗱 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 𝗶𝗻 𝗔𝗿𝗶𝘇𝗼𝗻𝗮

➡️ 𝗙𝗶𝗿𝘀𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗗𝗲𝘀𝘁𝗶𝗻𝗮𝘁𝗶𝗼𝗻 - 𝗩𝗲𝗿𝗿𝗮𝗱𝗼, 𝗕𝘂𝗰𝗸𝗲𝘆𝗲, 𝗔𝘇

Verrado has great dining experiences & main street has nice shopping areas to offer. It has planned retirement communities as well. The 18 hole ⛳ golf course of Verrado has been in 🔝 Top 10 New Courses in the US.

Verrado is surrounded by Sundance, North Goodyear, Central Goodyear, Yucca, Blue Horizons.

📢 Last few months avg prices in Verrado has been appreciating. 📈 The upside is clearly visible
when it comes buying for Home Site.



▶️ For more information visit Vermaland.com or contact Anita Verma-Lallian

The Phoenix Zoo opened in 1962 and is the largest privately owned, non-profit zoo in the United States. Located in Phoenix, Arizona, the zoo operates on 125 acres of land in the Papago Park area of Phoenix. It has been designated as a Phoenix Point of Pride and has over 1,400 animals on display.