GB Realty plans to invest around Rs 2,500 crore in a Jacob & Co.-branded housing project in Mohali
Punjab-based real estate developer GB Realty has plans to develop a Jacob & Co.-branded residential project on Airport Road in Mohali. The plan is to invest around Rs 2,400-2,500 crore in the project, with Rs 1,000 crore going toward land acquisition.
Jacob & Co. is a global luxury watchmaking and high jewellery brand that will act as the differentiator for the residential project, helping it target affluent homebuyers.
Also Read: AIPL plans to develop commercial real estate project in Ludhiana
