J&K Bank approves project for financing for ‘Heights III Extension’ in Jalandhar

STATE TIMES NEWS

JAMMU: Reinforcing its strategic thrust on housing finance across emerging real estate centres, J&K Bank has approved a major residential project titled ” Heights III Extension” for financing in its Mohali zone. Located at Jallandhar Punjab,the housing project is being developed by M/s AGI Infra Limited, Jalandhar, Punjab – a leading real estate development company in Northern India.

The project sanction was marked in the presence of the Bank’s General Manager & Divisional Head (Jammu) Ashok Gupta, Zonal Head (Kathua) Suresh Chaudhary, Cluster Head (Mohali) Vishal Pandhoh and Branch Head Jalandhar Sanjay Kumar, along with representatives of the promoter company including its Managing Director Sukhdev Singh Khinda, General Manager (Finance) Ashwani Kant Aggarwal and Banking Advisor Parmod Kumar Sharma.
Speaking on the occasion, Divisional Head (Jammu) Ashok Gupta said, “The sanction of Jalandhar Heights III Extension reflects our growing focus on housing finance in emerging business centres across our operational geographies. As urban expansion gathers pace in cities like Jalandhar, we see immense potential in supporting quality residential infrastructure that caters to evolving customer aspirations.”
“Reinforcing its role as a trusted financial partner in the housing sector, J&K Bank remains committed to partnering with credible developers and facilitating seamless, hassle-free and customised home loan solutions for prospective buyers”, he added.
Notably, by supporting established developers and well-planned residential projects, the Bank continues to contribute towards planned urban development and improved access to housing finance in fast-growing regions.