JMS Group to Invest INR 400 Crore in New Housing Project in Gurugram

Riya Fernandes Jul 30, 2024 0

On Monday, July 29, JMS Group announced its plans to invest an estimated INR 400 Crore in a new group residential project in Gurugram. The Group has acquired approximately 8.65 Acres of prime land in Sector 95, New Gurugram.

The company will develop nearly 450 residential units on this site. The upcoming residential project by JMS Group will feature a blend of modern amenities and eco-friendly designs, catering to the evolving tastes of homebuyers in Gurugram. Upon completion, this ambitious project is projected to generate revenues close to INR 1,000 Crore.

Also Read: Over 1279 New Construction Projects Tracked in June 2024

Construction will start once the necessary approvals are secured, with the project expected to complete in the coming years. This venture not only signifies a major investment but also highlights JMS Group’s commitment to creating sustainable and stylish living spaces, said, Pushpender Singh, Managing Director of JMS Group


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Disclaimer: The information herein is based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. Furthermore, The image featured in this article is for representation purposes only. It does not in any way represent the project. If you wish to remove or edit the article, please email editor@biltrax.com.

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