The tremendous growth of the Indian economy is leading to an immense requirement for infrastructure to support the rapid development, and is further impacting the property and real estate market. JB Group has seized this opportunity being offered and is leveraging its knowledge base to develop residential complexes, office space, IT Parks in key areas, and has also signed up for 4 hotels; two in the state of Goa and one each in the cities of Kolkatta and Bangalore.

The total area acquired is 20,000,000 sq ft, and the area earmarked for development is 3,000,000 sq ft valued over US$440 million. 

The Group has identified this region as an extremely potential zone for development as the region is being pitched as a hub for various business activities ranging from financial to logistics with first class facilities being offered. We too are developing residential properties, serviced appartments and hotels to cater to the growth in the region.

The total construction and development area is 2,000,000 sq ft and a further 6,000,000 sq ft earmarked for warehousing and storage facilities. The estimated value for the entire development will be US$1.6 billion.

Economies in Far East Asia are rebounding and property market is regaining its sheen. It is important to be a part of this growth and contributes to further strengthening the resurgence. Indonesia offers so much in terms of natural wealth, tourism and business.

Our initial foray in Indonesia is in commercial development for which we have identified key areas measuring 410,000 sq ft and the total value of the project estimated in excess of US$20 million.