The JMS Group has acquired 8.65 acres in Sector 95A, New Gurugram, for a large-scale housing project. The development is expected to generate nearly INR 1,000 Crores in revenue, with an investment of approximately INR 400 Crores. Pushpender Singh, Managing Director, emphasised the strategic growth and the aim to redefine urban living in Gurugram. The project will feature modern amenities and eco-friendly designs, catering to various market segments. Construction will begin after approvals, with completion in a few years. The prime location and JMS Group's successful track record are anticipated to attract strong interest from homeowners and investors.
JMS Group, a leading name in real estate development, has acquired 8.65 acres of prime land in Sector 95A, New Gurugram, marking a significant move in the real estate sector. This acquisition will enable JMS Group to initiate a large-scale group housing project in one of the most sought-after locations in the National Capital Region (NCR).
The upcoming project is expected to generate nearly 1,000 Crores in revenue upon completion, signifying a major milestone in the company's growth strategy in Gurugram. JMS Group has earmarked an investment of around 400 Crores for the construction of this landmark residential project, reflecting its strong confidence in the market and commitment to delivering high-quality residential spaces.
Pushpender Singh, Managing Director of JMS Group, expressed enthusiasm about acquiring prime land in New Gurugram. He highlighted that this move aligns with the company's strategic growth plans and has the potential to redefine urban living in the area. Singh emphasised that the project represents a significant investment and reaffirms their commitment to developing sustainable and modern living environments.
The planned group housing development will combine modern amenities with eco-friendly design elements, catering to the evolving preferences of homebuyers in Gurugram. It will offer a wide range of housing options to meet the needs of various market segments, thereby enriching the city's real estate landscape.
Construction is scheduled to begin following the necessary approvals, with the project expected to be completed within the next few years. The prime location and JMS Group's track record of successful real estate ventures are anticipated to attract significant interest from both prospective homeowners and investors.
As JMS Group gears up to undertake this transformative project, it reaffirms its commitment to shaping the future of Gurugram's real estate market and delivering exceptional value to all stakeholders. The fusion of modern amenities and eco-friendly designs in the new development will not only enhance the urban living experience but also set new standards for sustainable and contemporary residential spaces in the region.
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