Posted inProjects & Tenders

Shubhashish Homes enters into a development agreement with Gurnani Group

Will develop it as a very luxury villa project

Shubhashish Homes, a real estate developer in Jaipur, has entered into a development agreement with Gurnani Group to develop a residential group housing project on Main SEZ Road, just 100 meters from the main Ajmer Road. Spread over 10.6 acres (approximately), the project will offer approximately 7 lakh sq-ft of saleable area and will be developed as a modern and one of the most luxurious villa projects in Jaipur.

“This will be a landmark project of Rajasthan. We will develop it as a very luxury villa project. We are targeting the launch in the later half of this financial year, subject to approvals from the authorities. This will be our third big project in this micro market of Ajmer Road,” said Mohit Jajoo, executive director & CEO, Shubhashish Homes.

“As I said earlier, this will be a launch-heavy year for us, we have four launches lined up for this fiscal,” added Jajoo.

Shubhashish Homes is a part of the Shubhashish Group, promoted by JK Jajoo, the founder & chairman. This particular development agreement transaction was managed and advised by Urbangaon Properties.