Shubhashish Homes Accelerates Final Phase Launch of Iconic Projects
Shubhashish Homes has made a significant announcement regarding two of its most prominent residential developments. The company has launched the final phase of both Shubhashish Marina and Shubhashish Forest ahead of the original schedule, marking a major milestone in its growth trajectory.
Exceptional Market Response Drives Early Launch
Originally, both projects were planned to be rolled out in three distinct phases, with each phase scheduled approximately every 9 to 10 months. However, due to an exceptionally strong customer response, Phase 1 and Phase 2 of Shubhashish Marina and Shubhashish Forest have nearly sold out completely. This overwhelming demand has enabled the real estate developer to introduce the final phase in under 10 months, transforming both developments into standout success stories within the competitive market.
Ambitious Financial Targets and Expansion Plans
Building on this momentum, Shubhashish Homes is confidently on track to achieve pre-sales of ₹400 crores in the current financial year. The company has emphasized its strategic focus on pan-India expansion, with upcoming project launches planned across key cities including Indore, Mumbai, and Prayagraj. Additionally, in Jaipur, the company has signed term sheets for additional projects, subject to due diligence and timely regulatory approvals.
Looking ahead to the coming fiscal year, Shubhashish Homes is targeting 4 to 5 new project launches, with an estimated combined Gross Development Value (GDV) exceeding ₹2,000 crores. This aggressive expansion roadmap underscores the company's commitment to broadening its footprint across India.
Leadership Insights and Customer Trust
Mohit Jajoo, CEO of Shubhashish Homes, shared his perspective on this achievement. "Both Shubhashish Marina and Shubhashish Forest have received overwhelming appreciation from our valued customers. The rapid pace at which we've reached near sell-out status in Phase 1 and Phase 2 reflects the deep trust people place in the Shubhashish brand. Launching the final phase ahead of schedule is a proud milestone for us, and it strengthens our confidence as we move towards our ₹400 crore pre-sales target — representing almost a 2X year-on-year growth — and our aggressive expansion roadmap."
Jajoo also highlighted another key accomplishment: "Our iconic project, Shubhashish Prakash Phase 1, has received its Completion Certificate (CC), and we will be handing it over within the calendar year of 2026, almost 13 to 14 months ahead of the original schedule."
Corporate Background and Future Outlook
Shubhashish Homes operates as part of JK Jajoo Ventures, which is promoted by J K Jajoo, the Founder and Chairman of the group. With these latest developments, the company is poised to reinforce its position in the real estate sector, leveraging strong brand loyalty and strategic growth initiatives to capture new opportunities across diverse markets in India.