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Jaycee Homes a New Player In Affordable Housing

No Comments Sub Category:Uncategorized Posted On: Oct 12, 2011

Jaycee Homes, the premium property developer for over 15 years is all set to foray into the affordable housing segment in Mumbai. The venture has witnessed a recent slump faced by the real estate sector and hopes to cater to people in seeking affordable homes. However earlier the company’s director Dipesh Bhagtani had remarked that, with the decline of premium rates, the company has decided to start working in providing the property buyers the affordable housing segment and has plans to develop around 2 million square feet of land reserve. The company aims a ten fold increase of its present turnover of Rs 200 crores within a period of four years and also hopes that the venture will enable it to achieve its desired target and is keenly looking upto the Maharashtra government‘s module of rental scheme projects. Jaycee Homes is known for its premium projects across the western and central suburbs of Mumbai and has delivered almost 250 premium properties.

Source: The Economic Times

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