November 22, 2024 1:28 am
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Investor: Far West Valley purchase has brought a big payoff

Photo courtesy of Kuldip Verma

(Disclosure: Rose Law Group represents Anita Verma-Lallian.)

By Corina Vanek | Phoenix Business Journal

When Kuldip Verma made his first investments in land, a 320-acre site at the base of the White Tank Mountains in 1995, there was nothing built in the far West Valley and none of his friends in the business wanted to partner with him.

Now, Verma’s company, Vermaland, is one of the largest private landowners in the state, and that first initial land investment has returned $20 million in profit, and much of it has been developed into a luxury custom home community.

Read the full subscription story from the Phoenix Business Journal.

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