Excelsior Correspondent
SRINAGAR, Nov 26: Jammu and Kashmir Bank today entered into a Memorandum of Understanding (MoU) with MDB Group for The Lutyens, an ultra-luxury high-rise residential development strategically located on the Delhi-Manali Highway in Mohali.
During the press interaction here, representatives from MDB Group shared insights about the company’s strong real estate legacy across Punjab and North India, spanning multiple successful residential and commercial projects over more than 15 years. “We are honored to collaborate with J&K Bank in bringing a landmark luxury development to the region. This partnership reinforces our vision to offer secure, high-quality investment and living opportunities.” Nikhil Garg, representing management, MDB Group, said.
As part of this collaboration, a spokesperson said Jammu and Kashmir Bank customers will benefit from enhanced financial support and tailored home-loan assistance for The Lutyens, positioned as one of the region’s most premium lifestyle offerings with state-of-the-art amenities and exceptional connectivity.
He added that MDB Group re-emphasized its commitment to delivering excellence and building long-term trust with investors from Jammu and Kashmir, offering Chandigarh/Mohali as the next rapidly growing investment destination.
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