JMS Group’s acquisition of 8.65 acres in Gurugram for a new residential project valued at Rs 1,000 crore signals a major expansion for the company.
Delhi-NCR’s real estate landscape is witnessing a surge in development, and JMS Group is at the forefront of this growth trajectory. The company has recently announced a substantial land acquisition of 8.65 acres in Sector 95A, New Gurugram. This strategic move marks a pivotal moment for JMS Group as they embark on a new residential project with an estimated investment of Rs 400 crore.
The proposed group housing project is expected to be a landmark development, catering to the increasing demand for premium living spaces in Gurugram. With a projected revenue of Rs 1,000 crore upon completion, the project is set to be a significant contributor to the company’s overall growth. The acquisition of this prime land parcel in a rapidly developing area highlights JMS Group’s astute understanding of market trends and its commitment to delivering world-class residential offerings.
Gurugram has emerged as a preferred destination for homebuyers and investors alike, owing to its excellent connectivity, robust infrastructure, and thriving job market. JMS Group’s decision to invest heavily in the region underscores the city’s potential for sustained growth and development. As the project takes shape, it is anticipated to not only enhance the skyline of Gurugram but also elevate the living standards of its residents.