Trident Realty on Sunday mentioned it’s going to make investments Rs 700 crore to develop greater than 400 luxurious unbiased flooring in Panchkula.
Delhi-based Trident Realty is growing a 200-acre township Trident Hills at Panchkula.
Within the township, the corporate has launched 412 unbiased flooring mission ‘Windsong Residences’.
Trident Realty is planning to take a position Rs 700 crore for the development of 412 items of low-rise premium unbiased flooring, the corporate mentioned in a press release.
Every unbiased flooring shall be constructed on 360 and 545 sq. yard plot space with a beginning worth of Rs 2.22 crore.
The corporate expects income of Rs 1,000 crore from the gross sales of unbiased flooring, the assertion mentioned.
S Ok Narvar, Group Chairman, Trident Realty, mentioned, “We’re assured of our growth plans as we’ve got a powerful pipeline of launches forward.
Trident Realty has a presence in Delhi-NCR, Mumbai Metropolitan Area and Tri-Metropolis (Chandigarh), with its footprints throughout housing, retail, workplace and hospitality segments.
In July, realty main DLF introduced an funding of Rs 400 crore as fairness to develop an actual property mission in Mumbai in partnership with Trident Realty.
The corporate has delivered over 20.34 million sq. toes and 12.91 million sq. ft. is underneath varied phases of building.
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First Printed: Oct 29 2023 | 5:11 PM IST