Trident Realty to develop 412 independent floors in Panchkula, announces investment of Rs 700 crore

Trident Realty Announced an investment of Rs 700 crore to build 412 independent floors in Panchkula, Haryana. This information was given by the company on Sunday. The Delhi-based company is developing ‘Trident Hills’ township on 200 acres of land in Panchkula. The company launched ‘Windsong Residence’ project with 412 independent floors. In July, realty major DLF announced an equity investment of Rs 400 crore to develop a real estate project in Mumbai in partnership with Trident Realty.

Statement of Trident Realty

Trident Realty said in the statement that it plans to invest Rs 700 crore to build 412 independent floors in the premium segment. According to the company, each floor will be built in an area of ​​360 and 545 square yards. Their starting price will be Rs 2.22 crore.

1,000 crore revenue is expected

The company expects to earn Rs 1,000 crore from the sale of this independent floor “We are confident about our expansion plans as we have several key projects coming up,” said SK Narwar, Group Chairman, Trident Realty. Trident Realty has presence in Delhi-NCR, Mumbai Metropolitan Region and Tri-City (Chandigarh) in residential, retail, office and hospitality segments.

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