New Delhi
Trident Realty, a Delhi-based real estate developer, has announced plans to invest Rs 700 crore in the development of more than 400 luxury independent floors in Panchkula. This project is part of the company’s 200-acre township development known as Trident Hills. The independent floors project, named ‘Windsong Residences,’ will feature 412 premium units. Each independent floor will be constructed on plots of 360 to 545 square yards, with prices starting at Rs 2.22 crore. Trident Realty anticipates generating revenue of Rs 1,000 crore from the sales of these independent floors. S K Narvar, Group Chairman of Trident Realty, expressed confidence in the company’s expansion plans and noted their impressive pipeline of upcoming launches. Trident Realty has a presence in Delhi-NCR, Mumbai Metropolitan Region, and Tri-City (Chandigarh), spanning the housing, retail, office, and hospitality sectors. In addition to this project, Trident Realty recently partnered with real estate major DLF for a project in Mumbai, where DLF invested Rs 400 crore as equity. Trident Realty has a strong track record, having delivered over 20.34 million square feet of real estate, with 12.91 million square feet currently under construction across various stages. This investment in luxury independent floors in Panchkula reflects Trident Realty’s commitment to expanding its presence in the real estate market.
