JMS group buys 8.65 acre land in Gurgaon
JMS Group has acquired 8.65 acres in Sector 95, New Gurugram, for a residential project, expected to generate Rs 1,000 crore in revenue. The company plans to invest Rs 400 crore in construction, aiming to combine modern amenities with eco-friendly...
By Faizan Haidar, ET Bureau |
New Delhi: Realty developer JMS Group has acquired 8.65 acre land in Sector 95, New Gurugram, to develop a residential project.
Upon completion, the upcoming project is expected to generate revenue of Rs 1,000 crore. The company has allocated an investment of approximately Rs 400 crore for the construction.
"We are excited about the potential of this project to redefine urban living in Gurugram,” said Pushpender Singh, Managing Director of JMS Group.
The group housing development will have a combination of modern amenities and eco-friendly design, tailored to meet the evolving preferences of homebuyers in Gurugram.
Construction is slated to commence post approvals, with completion expected within the next few years.
Upon completion, the upcoming project is expected to generate revenue of Rs 1,000 crore. The company has allocated an investment of approximately Rs 400 crore for the construction.
"We are excited about the potential of this project to redefine urban living in Gurugram,” said Pushpender Singh, Managing Director of JMS Group.
The group housing development will have a combination of modern amenities and eco-friendly design, tailored to meet the evolving preferences of homebuyers in Gurugram.
Construction is slated to commence post approvals, with completion expected within the next few years.
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