Page 32 - Construction_Opportunities_September_2024

CONSTRUCTION TICKER TAPE architects and engineers. Enabling a holistic living, this group

housing provides amenities such as high-tech fitness hubs, serene
green spaces, basketball court, kids area, track, swimming pool,
café, co-working area, gym, salon, among others.
Located at a prime location (Sultanpur Road, 5 minutes away from
Amar Shaheed Path and the Outer Ring Road) this sprawling group
housing offers strategic connectivity to key city areas providing
convenient access to top hospitals, schools, and commercial and
entertainment centers. Prospective buyers and investors have the
opportunity to explore the project through virtual tours, facilitated
by a state-of-the-art experience center. This feature allows
interested parties to gain a comprehensive understanding of the
JASHN REALTY LAUNCHES LANDMARK 10-ACRE LUXURY development’s design, amenities, and community-oriented living,
GROUP HOUSING IN LUCKNOW FOR ELEVATED LIVING making it a notable addition to Lucknow’s real estate landscape.
Jashn Elevate by Jashn Realty, is set within a 10-acre landscape Rahul Aggarwal, Owner & Director, Jashn Realty commented,
and promises modern amenities with luxury living. With ‘Grand “Jashn Elevate is not just a residence but
Way of Life’ as its core communication, the project is designed a grand way of life and a celebration of
with a focus on providing a high standard of living. This RERA contemporary artistry redefining urban
approved project has already seen significant returns with top living. We are committed to enhancing
banks reporting a 20% growth in value over the past months. the quality of life for our residents by
This growth is projected to reach 50% by next year making Jashn creating vibrant, sustainable communities
Elevate a promising investment opportunity in real estate market. that foster a sense of belonging and well-
The total investment for the project is estimated around `820 being. Moreover, engaging events like
crores, which includes construction cost of `560 crores while the big screen cricket screenings helps in creating strong sense of
land cost is `260 crores. The topline of the project is pegged community. Residing in Jashn Elevate is not just about owning a
at approx. `1040 crores. Offering over 56 modern amenities to home but embracing a comprehensive & grand experience that
cater to residents of all ages the development have a variety of encompasses all aspects of living hence glorifying the lifestyle at
apartment configurations, including 2.5 BHK, 3 BHK, and 3.5 BHK large & making it big. Now one can easily experience glimpse of
units. These Vaastu-compliant units feature spacious balconies, it with our dedicated experience centre showcasing the projects’
expansive dining room, in-built stores, a separate guest room, unmatched offerings.”
mini home theatre and much more ensuring convenience and Additionally, Jashn’s in-house banking & financial assistance team
luxury for every resident. provide personalized support in planning loan amounts, terms and
The project comprises 12 towers spread across 5 blocks. The first choosing the best financial institution according to the needs of
phase revealed a single block and 3 towers (approx. 224 units the customers. This unique service help residents navigate the
in phase one and 856 units in total), all designed by renowned financial aspects of home buying with ease and confidence.

KALABURAGI TO TRANSFORM INTO SMART CITY WITH Siddaramaiah also outlined various development projects for
`1,685 CRORE INVESTMENT, ANNOUNCES KARNATAKA CM Kalyana Karnataka. The state has launched the “Kalyana Patha”
Chief Minister Siddaramaiah recently announced plans to scheme, which will build 1,150 kilometers of roads in rural assembly
transform Kalaburagi into a smart city with an investment of constituencies at a cost of `1,000 crore. He also urged the central
`1,685 crore, as part of a broader initiative government to expedite the establishment of an AIIMS institute in
to develop the entire Kalyana Karnataka Raichur, pledging the state’s full support.
region. Under the Mahatma Gandhi Nagar For the 2024-25 fiscal year, the state government aims to generate
Vikas Yojana 2.0, `200 crore each will be 4.85 crore person-days of work under the Mahatma Gandhi
allocated for infrastructure development National Rural Employment Guarantee Scheme (MGNREGS) in the
in the Kalaburagi and Ballari municipal region, having already created 3.43 crore person-days, benefiting
corporations. over 13 lakh people.
The Chief Minister made the announcement In Koppal district, `100 crore will be allocated to develop tourism
during the ‘Kalyana Karnataka Amrut Mahotsav’ celebration and at Anjanadri Hill and surrounding areas. Additionally, Ballari will
the 10 anniversary of granting special status to the region under see the development of a Jeans Apparel Park and Common
th
Article 371(J) of the Constitution. In his address, he highlighted the Facility Centre to upgrade the local jeans industry to international
historical significance of Kalyana Karnataka, noting that the districts standards. The 2024-25 budget has allocated `5,000 crore to
of Bidar, Kalaburagi, and Raichur gained independence from the the Kalyana Karnataka Development Board for various projects,
Nizam of Hyderabad a year after India’s 1947 independence. He marking a new phase of progress in the region. A committee led
paid tribute to the freedom fighters and acknowledged the roles by Professor Govind Rao will study economic and social changes
of Jawaharlal Nehru and Sardar Vallabhbhai Patel in the region’s in the area and propose strategies to reduce inequalities,
liberation. Siddaramaiah added.

32 CONSTRUCTION OPPORTUNITIES|SEPTEMBER 2024