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Racing to beat the clock – Construction update at Gems City-Joka

15 February, 2023

The construction industry in India has become the second-largest employer and foreign direct investment (FDI) recipient as early as in 2020–2021, and the third-largest market globally. India’s construction industry attracted nearly five billion USD of investment in 2020, leading to predicted average growth of 7% every year until 2025.

In March 2020, the Covid 19 pandemic hit the world. In India, Covid 19 affected all sectors, including the construction industry. Resuming construction work became a significant challenge to all organisations in India, resulting in a major crisis in the industry. Construction industry professionals, including civil engineers, architects, and contractors, could not resume work due to the consequences of lockdowns. Covid 19 also affected the nation’s human resources, with the construction industry being hit harder than other sectors; understandably so, as the industry depends on people as its prime movers.

As much as 80% of businesses were cancelled or had projects postponed. Gems Group’s Gems City-Joka project slowed down during the statutory period when governments issued notifications to completely halt all outdoor activities.

The foresight of the Group’s management to make arrangements for workers to stay comfortably onsite, get medical attention and be quarantined if need be, ensured that when conditions began to relax gradually, construction activity could be ramped up at equal pace.

In the aftermath of Covid 19, Gems Group has ensured that construction work has fully resumed, and Gems City-Joka building deadlines that had been delayed are going ahead. In fact, it would be no exaggeration to say that work has not only resumed in full swing, but in double time to make up for lost time.

Gems Group’s single-minded endeavour has been to ensure minimum inconvenience to buyers, particularly those who had already booked apartments and bungalows just prior to the pandemic.

Apartment Towers

A birds-eye view of the latest construction update reveals the heart-warming progress in both Gems City-Joka apartment towers and bungalows. Find out the exact status of yours:

Tower Name Construction Status
Ruby tower 1 Ready for Possession, waiting for CC
Ruby tower 2 Ready for Possession, waiting for CC
Sapphire tower 1 Top floor roof top casting done. Brick work in progress.
Sapphire tower 2 Top floor roof top casting done. Brick work in progress.
Zircon tower 1 Final roof casting done. POP in progress.
Zircon tower 2 7th floor work in progress
Tanzanite tower 1 6th floor roof casting work in progress
Tanzanite tower 2 11th floor roof casting work in progress
Turquoise Piling work yet to start
Amethyst Piling work is in progress

Bungalows

Name Construction Status
Topaz bungalows Possession given
Garnet bungalows Handover will start soon
Emerald bungalows Exterior painting started

With the Metro Rail Purple Line already open to commuters from Joka to Taratala; Majerhat to become operational coming Pujas and remaining stations onwards to Esplanade slated well within deadlines, what are you waiting for if you have not booked a Gems City-Joka apartment or a bungalow already? It is estimated that prices of properties in Joka will appreciate 100-125% in value by 2030. So HURRY.

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