Shubhashish Homes Exceeds FY24 Target with Rs 2.11+ billion Pre-Sales

02 Apr 2025 CW Team

Shubhashish Homes, the real estate arm of JK Jajoo Ventures, has surpassed its Rs 2 billion (bn) pre-sales target, closing FY 2024-25 with Rs 2.11 bn+ Cr, marking a 120 per cent Y-o-Y growth from last year’s Rs 1 bn.

The company’s growth was driven by the successful launches of:

Shubhashish Prakash – Phase 2 (140 per cent EOI vs launched inventory)
Shubhashish Marina (130 per cent EOI)
Shubhashish Forest (110 per cent EOI)

Mohit Jajoo, Executive Director & CEO, Shubhashish Homes, stated, “Surpassing our ‘Abki Baar 200 Crore Paar’ target is a testament to our team’s dedication and customer trust. Our focus on thoughtful design, competitive pricing, and superior experience continues to drive demand.”

For FY 2025-26, Shubhashish Homes has set an ambitious Rs 4 bn pre-sales target, aiming for another 100 per cent Y-o-Y growth. The company is also expanding into Indore, with two major launches—one each in Jaipur and Indore, pending land acquisition and approvals.

Additionally, the company reinforced its commitment to timely project execution, with:

Shubhashish Geeta Phase 3 delivered ahead of schedule
Two towers of Phase 4 handed over nearly a year early
Remaining towers progressing ahead of committed timelines

Further solidifying its brand, Shubhashish Homes earned Great Place to Work® certification for the second consecutive year, with accolades including India’s Best Place to Work in Real Estate, Best Workplace for Women, and Best Workplace for Innovation.

With aggressive expansion plans and a customer-centric approach, Shubhashish Homes is set to achieve another high-growth year in the Indian real estate sector.

Infrastructure Urban

17 Sep 2025

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

BlackRock India Leases 1.4 Lakh Sq Ft in Bengaluru

BlackRock Services India, the domestic arm of global asset manager BlackRock, has leased 1.4 lakh sq ft of office space at IndiQube Symphony in Bengaluru, according to Propstack data. The 10-year deal is valued at around Rs 4.10 billion.The lease, among the largest transactions in India’s co-working sector, highlights the growing preference of global institutions for flexible office providers. The agreement, commencing October 1, 2025, covers ground plus five floors in KNG Tower 1 at Ashoknagar, MG Road — one of Bengaluru’s prime commercial hubs.As per the lease document, BlackRock will ..

L&T Bags Rs 25–50 Bn Order for Mumbai-Ahmedabad Bullet Train Track Works

Larsen & Toubro’s (L&T) Transportation Infrastructure business has secured an order valued between Rs 25 crore and Rs 50 billion from the National High Speed Rail Corporation Limited (NHSRCL) for the Mumbai-Ahmedabad High Speed Rail (MAHSR) corridor.The contract, Package T1, involves the design, supply, construction, testing, and commissioning of 156 route km of high-speed ballastless track on a Design-Build Lump Sum Price basis. The stretch runs from Mumbai’s Bandra-Kurla Complex to Zaroli village in Gujarat and includes 21 km of underground track and 135 km of elevated viaduct.Se..