Delhi-based GTM Group is expanding in Jaipur in a big way. GTM Builders and Promoters Pvt Ltd, a part of the group, on Sunday launched its Rs 60-crores GTM Corporate and Institutional Hub project in Jaipur. | |
| The project located on Tonk Road is being developed for commercial as well as institutional purposes. |
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| "It is a unique concept, introduced in India for the first time, where one can mix work with leisure as it is a corporate hub with swimming pool and club house," Tushar Kumar, managing director, GTM Group, said. |
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| The work is slated to start in 2 months and we hope to complete it in next 30 months, he added. |
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| "This is our biggest project in Jaipur. The project is spread on a built up area of 11,965 square metres with facilities like landscaped parks, lifts in every tower, club with swimming pool in the complex, centrally air-conditioned mini mall and more," Kumar said. |
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| The company is also considering setting up of a residential complex in Kukas near Jaipur. "We have already acquired 60,000 square yards of land for the Golf Greens project," he added. |
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| "GTM has taken the lead for bringing Golf Greens concept in India. Golf Greens, a 7-star residential club cum golf course in Jaipur, is first in such series and many more are in the pipeline," Kumar said. |
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| The project will have only 10-15 percent of constructed area, and the rest will be developed as green area. The apartments will have private splash pools besides all other modern amenities. |
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| GTM has also a number of ongoing projects like "GTM Holiday Cottages" at Mukteswar, Uttaranchal, "GTM Residency Tower" at Gurgaon-Faridabad road, touching South Delhi. |
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| Kumar said the group had plans to become a conglomerate of companies. The group is engaged in business of real estate and construction, blankets, jewellery and music. |
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| The GTM Group is working on projects worth Rs 400 crores, he said. The group aims to reach a turnover of over Rs 1,200 crores within three years. |
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