JAMMU, June 23: With a view to improve the living standards and to provide the ultra modern housing concepts in the State, J&K Bank today signed a Memorandum of Understanding (MoU) with Gallon Builders India Pvt Ltd, a Delhi based company.
President and Zonal Head, Jammu (Central), OP Sharma, signed the MoU on behalf of J&K Bank and ADM, Paramjit put in her signatures on behalf of Gallon Builders India Pvt Ltd in the Bank’s Zonal Headquarters at Rail Head Complex.
Speaking on the occasion, OP Sharma said, “the signing of MoU is the beginning of a relation that would be beneficial for both the companies in the longer run”.
The MoU will enhance the reach-out capacity of Real Estate Company in the State due to the Bank’s wide network and will in turn help in providing the latest housing facilities of the State, he added.
Notably Gallon Builders has its presence in Jammu now with a large number of apartments to offer the people of J&K.