New Gurugram, July 30, 2024 — JMS Group, a prominent real estate developer has finalized the acquisition of 8.65 acres of prime land in Sector 95A, New Gurugram, signaling a major advancement in the real estate sector. This strategic acquisition paves the way for JMS Group to embark on a large-scale group housing project in one of the most coveted locations in the National Capital Region (NCR).
Upon completion, the upcoming project is projected to generate revenues nearing 1,000 Crores, marking a significant milestone in JMS Group’s expansion strategy in Gurugram. The company has allocated an investment of approximately 400 Crores for the construction of this landmark residential project, demonstrating its confidence in the market and commitment to delivering premium residential spaces.
Mr. Pushpender Singh, Managing Director of JMS Group, expressed his optimism, stating, “Acquiring this prime land in New Gurugram underscores our strategic growth plans. We are excited about the potential of this project to redefine urban living in Gurugram. This endeavour not only represents a substantial investment but also reaffirms our dedication to creating sustainable and contemporary living environments.”
The group housing development will showcase a fusion of modern amenities and eco-friendly design, tailored to meet the evolving preferences of homebuyers in Gurugram. It is set to offer a diverse range of housing options, catering to various segments of the market and enriching the city’s real estate landscape.
Construction is slated to commence post approvals, with completion expected within the next few years. With its prime location and a track record of successful real estate ventures, JMS Group anticipates strong interest from both prospective homeowners and investors.
As JMS Group prepares 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.
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