Page 26 - Construction_Opportunities_August_2024

TICKER TAPE
CONSTRUCTION Hyderabad is set to gain a second cricket stadium as the international standards. He also announced plans to introduce a
TELANGANA GOVERNMENT IN DISCUSSIONS WITH BCCI
TO CONSTRUCT NEW INTERNATIONAL CRICKET STADIUM
comprehensive Sports Policy in the next legislative session aimed
at significantly boosting sports in the state.
Additionally, Reddy outlined ambitions to build stadiums at each
Telangana Government has completed initial discussions with
Mandal headquarters to further promote sports infrastructure
the Board of Control for Cricket in India (BCCI). Chief Minister A.
across the region.
Revanth Reddy confirmed that the government has proposed
constructing the new stadium at Begarikancha in Ranga
Deputy Chief Minister and Finance Minister Mallu Bhatti Vikramarka
Reddy district. In a statement to the Assembly recently, Reddy
boxing champion Nikhat Zarin and cricketer Mohammed Siraj in
indicated that the government is prepared to provide the land
needed for the stadium, should the BCCI agree to build it to also revealed that the government would offer Group-I jobs to
recognition of their achievements.
JMS GROUP ACQUIRES 8.65 ACRES FOR NEW JMS Group, expressed his optimism, stating, “Acquiring this prime
GURUGRAM GROUP HOUSING PROJECT, EXPECTING A land in New Gurugram underscores our strategic growth plans.
TOPLINE OF 1,000 CR We are excited about the potential of this project to redefine
JMS Group, a prominent real estate developer has finalized urban living in Gurugram. This endeavour not only represents a
the acquisition of 8.65 acres of prime land in Sector 95A, New substantial investment but also reaffirms our dedication to creating
Gurugram, signaling a major advancement in the real estate sustainable and contemporary living environments.”
sector. This strategic acquisition paves the way for JMS Group to The group housing development will showcase a fusion of modern
embark on a large-scale group housing project in one of the most amenities and eco-friendly design, tailored to meet the evolving
coveted locations in the National Capital Region (NCR). preferences of homebuyers in Gurugram. It is set to offer a diverse
Upon completion, the upcoming project is projected to range of housing options, catering to various segments of the
generate revenues nearing 1,000 Crores, marking a significant market and enriching the city’s real estate landscape.
milestone in JMS Group’s expansion strategy in Gurugram. The Construction is slated to commence post approvals, with
company has allocated an investment completion expected within the next few years. With its prime
of approximately 400 Crores for the location and a track record of successful real estate ventures,
construction of this landmark residential JMS Group anticipates strong interest from both prospective
project, demonstrating its confidence in homeowners and investors.
the market and commitment to delivering As JMS Group prepares to undertake this transformative project, it
premium residential spaces. reaffirms its commitment to shaping the future of Gurugram’s real
Pushpender Singh, Managing Director of estate market and delivering exceptional value to all stakeholders.
CERATEC GROUP LAUNCHES PRESIDENTIAL TOWERS IN clubhouse, a grand entrance gate, a gazebo, and a designer
RAVET, PUNE landscape, ensuring a holistic and enriching lifestyle.
Ceratec Group, a distinguished leader in Pune’s real estate sector Ceratec Group, with its 25-year legacy in Pune’s real estate sector,
has launched its latest residential project - Presidential Towers - is known for its commitment to quality, innovation, and customer
in the thriving suburb of Ravet, Pune. This sprawling 4.1-acre satisfaction. The group’s diverse portfolio includes iconic residential
development promises to redefine luxury living with its exquisite 2 complexes, commercial spaces, and mixed-use developments
and 3 BHK homes and a plethora of world-class amenities. that have redefined luxury and sustainability in the city. The project
Nestled in the heart of Ravet, Presidential Towers boasts a is scheduled for possession in December 2025, making it an
strategic location with seamless connectivity to key destinations. attractive investment option for those seeking a premium address
Homeowners will benefit from easy access to the Mumbai-Pune in the heart of Ravet.
Expressway, Dehu Road, and proximity to renowned IT hubs like Ceratec Group’s extensive portfolio of over 12 successfully
Hinjewadi, as well as educational institutions such as Symbiosis completed projects across Pune underscores the developer’s
University and D.Y. Patil University, healthcare facilities like Ojas strategic expansion and adaptability to market trends. With a
Hospital, shopping centers and more. proven track record of delivering high-quality projects and a
The project features thoughtfully designed units ranging from 727 steadfast dedication to innovation and sustainability, Ceratec
sq.ft. to 1031 sq.ft., catering to the diverse needs of homebuyers. Group remains a prominent leader in Pune’s dynamic real estate
Each apartment is meticulously crafted to maximize space and landscape.
comfort, with a focus on modern specifications and finishes.
Anand Agarwal, Managing Director of Ceratec Group, expressed
his confidence in Presidential Towers, stating, “We believe this
project will set new benchmarks for urban living with its exceptional
amenities and world-class facilities.”
The project boasts a plethora of amenities that redefine urban
living. Residents can enjoy a state-of-the-art fitness centre,
a refreshing swimming pool, lush green gardens, dedicated
play areas, and much more. The development also features a

26 CONSTRUCTION OPPORTUNITIES|AUGUST 2024