28-12-2021: Sh. Lalit Mahajan, Co-Chairman FOIJ & President Bari Brahmana Industries Association Hails MoUs worth Rs 18,300 Cr signed in first Real Estate Summit in the sectors including residential, commercial, hospitality, infrastructure and film, and entertainment and finance by Union Territory of Jammu of J & K working under the able guidance of Hon’ble Lt. governor Sh. Manoj Sinha.
It is pertinent to mention here that with the massive Investment in Real Estates and other Sectors, the Local Industrial Units engaged in the manufacturing of Steel/Cement/Plaster of Paris and other Items will get business from the Investors. It will also help for the creation of Job Opportunities for the local youths & also help in the utilization of thousands of Kanal Barren Land in which no cultivation is possible.
It is worthwhile to mention here that with the massive Investment in the Industrial Sector, lot of requirement of accommodation for the Staff of upcoming Industrial Units will be taken place in near future and it will be a win-win situation for them as they may prefer to purchase the Flats in their name and pay the Installment by utilizing the Budget of Rent amount to clear the Bank finance. The Local people will also get the benefits who are planning to buy the Flats in the neighbouring States and they will get the benefits of Prime Minister Awas Yojana.
We request Hon’ble Lt. Governor Sh. Manoj Sinha and Sh. Ranjan Prakash Thakur (IRTS) Principal Secretary, Industries & Commerce Department with a request that preference shall be given by the prospective Investors to purchase the requisite materials from the Local Micro & Small Scale Units engaged in the manufacturing of quality products.