+
Jamshri Realty unveils Rs 10 billion integrated district for Solapur
Real Estate

Jamshri Realty unveils Rs 10 billion integrated district for Solapur

Jamshri Realty has announced a Rs 10 billion vision to develop Solapur’s first integrated luxury lifestyle district, a 15-acre mixed-use project scheduled to launch in 2026. The master-planned development will combine high-street retail, wellness and recreational spaces, modern offices and sustainable residential living within a single destination. The project entails a planned investment of Rs 4 billion, positioning it among the largest private developments in Solapur’s recent history.
At the core of the district is Jamshri City High Street, which has crossed 50 per cent completion and already houses national retail brands such as Westside, Zudio, Star Bazaar and Mr DIY, with additional anchors in advanced fit-out stages. The high street forms part of the adaptive reuse of the 118-year-old Jamshri Mills campus, with over 120,000 sq ft of heritage structures being preserved to reduce embodied carbon while delivering a contemporary retail environment.
The wider development includes Ileseum Clubs, a premium sports, fitness and wellness ecosystem serving more than 600 families, and Jamshri Ignite, a purpose-built business park that has attracted IT and BFSI tenants, including Mahindra Group. As part of Commercial Phase 2, Jamshri Realty plans a 150,000 sq ft IT tower targeting IGBC Gold or Platinum certification.
The upcoming greenfield phase will add a 300,000+ sq ft mall, a 100-key premium business hotel, a modern office tower and a sustainable luxury residential township designed with energy-efficient architecture, pedestrian-first planning and integrated renewable power. The project is expected to generate over 4,000 direct and indirect jobs across construction, retail, hospitality and IT services.
Commenting on the announcement, Rajesh Damani, Founder and Managing Director, Jamshri Realty, said the company aims to bring world-class integrated lifestyle districts to Tier II and III cities, setting new benchmarks in urban growth and sustainability.
The development incorporates ESG-led features including rainwater harvesting, waste management systems and EV-ready mobility infrastructure. Jamshri Realty said it is also evaluating similar integrated district projects in Kolhapur, Nashik and Sambhajinagar, with further announcements expected in the next financial year.

Jamshri Realty has announced a Rs 10 billion vision to develop Solapur’s first integrated luxury lifestyle district, a 15-acre mixed-use project scheduled to launch in 2026. The master-planned development will combine high-street retail, wellness and recreational spaces, modern offices and sustainable residential living within a single destination. The project entails a planned investment of Rs 4 billion, positioning it among the largest private developments in Solapur’s recent history.At the core of the district is Jamshri City High Street, which has crossed 50 per cent completion and already houses national retail brands such as Westside, Zudio, Star Bazaar and Mr DIY, with additional anchors in advanced fit-out stages. The high street forms part of the adaptive reuse of the 118-year-old Jamshri Mills campus, with over 120,000 sq ft of heritage structures being preserved to reduce embodied carbon while delivering a contemporary retail environment.The wider development includes Ileseum Clubs, a premium sports, fitness and wellness ecosystem serving more than 600 families, and Jamshri Ignite, a purpose-built business park that has attracted IT and BFSI tenants, including Mahindra Group. As part of Commercial Phase 2, Jamshri Realty plans a 150,000 sq ft IT tower targeting IGBC Gold or Platinum certification.The upcoming greenfield phase will add a 300,000+ sq ft mall, a 100-key premium business hotel, a modern office tower and a sustainable luxury residential township designed with energy-efficient architecture, pedestrian-first planning and integrated renewable power. The project is expected to generate over 4,000 direct and indirect jobs across construction, retail, hospitality and IT services.Commenting on the announcement, Rajesh Damani, Founder and Managing Director, Jamshri Realty, said the company aims to bring world-class integrated lifestyle districts to Tier II and III cities, setting new benchmarks in urban growth and sustainability.The development incorporates ESG-led features including rainwater harvesting, waste management systems and EV-ready mobility infrastructure. Jamshri Realty said it is also evaluating similar integrated district projects in Kolhapur, Nashik and Sambhajinagar, with further announcements expected in the next financial year.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

BMW Ventures Secures Rs 249.83 Million (mn) Steel Orders

BMW Ventures Limited said it has secured two purchase orders totalling Rs 249.83 million (mn) from Lata Projects Limited for the supply of TMT steel FE-550D grade for three units of 800 megawatt (MW) capacity at the USCTPP Adani project. The orders were disclosed to the stock exchanges under Regulation 30 of the SEBI Listing Regulations and carry a contract value inclusive of all taxes.\n\nThe company stated that the orders will be executed within eight weeks from the date of the purchase orders and that the contract provides for 100 per cent advance payment with specified guarantees. The supp..

Next Story
Real Estate

Housing Sales Dip in Top Eight Cities in Q2, Pune and Bengaluru Hit Hard

Housing sales across the top eight cities fell six point one per cent year-on-year to 91,729 units in the April-June quarter from 97,674 a year earlier, PropTiger’s Real Insight Residential report showed. The moderation reflected seasonal pre-monsoon effects and heightened buyer caution amid the US-Iran conflict. New launches rose six per cent to 89,161 units. The impact was concentrated in technology-driven markets, with Pune and Bengaluru among the hardest hit. Pune recorded the steepest annual decline at 20.8 per cent, with sales falling to 12,642 units, while Ahmedabad declined 20.2 per ..

Next Story
Infrastructure Urban

India And ADB Sign US$230 Million Loan To Modernise Chennai Water

The Government of India and the Asian Development Bank (ADB) signed a US$230 million loan to modernise and expand water supply and sanitation infrastructure in Chennai. Saurabh Singh, Deputy Secretary, Department of Economic Affairs (DEA), signed on behalf of the Government of India and Mio Oka, Country Director of ADB’s India Resident Mission, signed for the lender. The engagement was guided by Baldeo Purushartha, Joint Secretary (ADB and Japan), DEA. The Chennai Climate-Resilient Water Security and Sewerage Project aims to improve access to safe and reliable water and sanitation citywide w..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code