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

2025-04-02

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.