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JMD Group to develop townships in Punjab, Haryana

October 14, 2008
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Real estate developer, JMD Group, will be developing two township projects in Punjab and Haryana with an estimated investment of Rs 750 crore. The Group, which had floated a company JTPL Townships Private Limited for its real estate business, would develop luxurious housing projects in Mohali (Punjab) and Karnal (Haryana) over the next four years. “We will be investing Rs 450 crore on Mohali project and Rs 300 crore in Karnal project. Both these projects would be packed with international class amenities which will be within the reach of the common man,” JTPL Townships, Director, Siddhant Gupta said.

The first integrated township project ‘JTPL City Mohali’ would be spread over 85 acres. In close proximity with the airport and railway station, it would have all the facilities and he said. Another township project in Karnal spread over 77 acres would be developed and the work on its development would start within next 4 months, he informed.


News Published Under:   Real Estate India, Real Estate Developers |



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