Sushma Group commences possession of Joynest MOH 1
The group is looking at a total investment of Rs 300 crore into the project
The Sushma Group has started possession of its 11th project 'Joynest MOH1' on PR-7 Airport Ring Road in Mohali, Punjab.
The project is spread over an area of 10.75 acre. It is the company’s first project of its Joynest (value homes) series and the first project being delivered on this part of Airport Road in Mohali region.
The group is looking at a total investment of Rs 300 crore into the project, which is being partially funded through internal accruals and partially through sales and institutional funds from LIC Housing Finance.
The residential project will offer a total of 13 towers with nine floors in a built-up area of 12 lakh sq ft. In Phase-I, out of 950 units the group is delivering 216 units in three towers.
MOH 1 comprises two and three BHK apartments available in respective configurations of 1,080 sq ft to 1,488 sq ft.
Joynest MOH 1 offers ample green space along with basement parking and is equipped with amenities such as gymnasium, card room, landscaped gardens, club house, meditation and yoga pavilion.
An amphitheatre and party lawn will also be there to fulfill entertainment needs of its occupants.
Designed intricately by top architects, the project provides proper ventilation and ample natural light to each unit. It has been designed with the vision to give the inhabitants maximum space without compromising on great looks. Apart from the internal placement of the towers and units, the project is constructed on the Airport Road and provides direct connectivity with Chandigarh, Punjab, Haryana, Delhi and Himachal Pradesh.
The company has started the delivery of its first project of affordable housing- Joynest series within a timeframe of approximately 39 months from the start of construction.