Jenika Ventures Expands its Alliance with Lodha Group to Target INR 250 Crore Sales by the End of 2024 through a 360-degree Approach

   Jenika Ventures, a leading name in the luxury real estate sector, is pleased to announce the positive outcomes of its recent collaboration with Lodha Group, which was initiated in the middle of last year through its Bangalore business. This marks a significant milestone for both companies, as they aim to achieve sales worth Rs 250 crore by the end of this financial year. While their previous association was just confined to Bangalore, this collaboration now extends its reach to the bustling cities of Pan India.

As we continue to reap the rewards of our collaboration, we are excited to announce that strategic planning has been initiated to embrace a comprehensive 360-degree approach. This strategic vision encompasses all aspects of our operations, ensuring that every angle is covered for sustained growth and success. From market expansion to enhanced customer experiences, our strategic plan aims to capitalize on opportunities and navigate challenges with agility and foresight.

Abhishek Raj, Founder & CEO of Jenika Ventures, expressed his enthusiasm about the ongoing collaboration with Lodha Group, stating, “Collaboration with Lodha Group continues to unlock new avenues for growth and innovation. Together, we are committed to delivering excellence in the real estate sector and catering to the evolving needs of our customers. This strategic move aims to capitalize on the burgeoning luxury market in India, projected to expand to 3.5 times its current size by 2030, according to a report.”

With an anticipated sales target of ₹1000 crore for the fiscal year 2024-25, Jenika Ventures and Lodha Group are poised to make significant steps in the luxury real estate market. This partnership welcomes a new era of innovation and excellence, setting new benchmarks for the industry.