Trident Realty to invest Rs 30 bn in Panchkula township
Real Estate

Trident Realty to invest Rs 30 bn in Panchkula township

Trident Realty will invest about Rs 30 billion to build a 200-acre luxury housing township at Panchkula in Haryana as part of its expansion plans, its chairman S K Narvar said.

The firm has acquired this land parcel through the insolvency process and spent around Rs 4 billion to settle the loans of financial institutions. It has also provided plots to around 450 homebuyers stuck in this project.

The Delhi-based company has a presence in the National Capital Region, Mumbai Metropolitan Region (MMR), and is now entering Chandigarh tri-city through this new project.

“We have launched our new luxury residential project Trident Hills in Panchkula. This 200-acre land parcel is located in the foothills of the Shivaliks. We will be developing around 6 million square feet area in this township, including villas, group housing, independent floors and plots,” Narvar said.

The project will be developed over the next seven-eight years. Narvar said the company launched the project last week and has already sold around 300 plots with a sale value of Rs 5 billion.

He said the demand for luxury homes has increased in tier II and III cities on account of rising aspirations.

On other projects, Narvar said the company has already completed a 12-acre project, Trident Embassy, in Noida Extension, comprising 1,400 units.

See also:
Uttar Pradesh to construct 860,000 houses under PMAY
Navi Mumbai: Plot sold for record Rs 554,000 per sq m


Trident Realty will invest about Rs 30 billion to build a 200-acre luxury housing township at Panchkula in Haryana as part of its expansion plans, its chairman S K Narvar said. The firm has acquired this land parcel through the insolvency process and spent around Rs 4 billion to settle the loans of financial institutions. It has also provided plots to around 450 homebuyers stuck in this project. The Delhi-based company has a presence in the National Capital Region, Mumbai Metropolitan Region (MMR), and is now entering Chandigarh tri-city through this new project. “We have launched our new luxury residential project Trident Hills in Panchkula. This 200-acre land parcel is located in the foothills of the Shivaliks. We will be developing around 6 million square feet area in this township, including villas, group housing, independent floors and plots,” Narvar said. The project will be developed over the next seven-eight years. Narvar said the company launched the project last week and has already sold around 300 plots with a sale value of Rs 5 billion. He said the demand for luxury homes has increased in tier II and III cities on account of rising aspirations. On other projects, Narvar said the company has already completed a 12-acre project, Trident Embassy, in Noida Extension, comprising 1,400 units. See also: Uttar Pradesh to construct 860,000 houses under PMAYNavi Mumbai: Plot sold for record Rs 554,000 per sq m

Next Story
Infrastructure Urban

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Next Story
Real Estate

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Next Story
Infrastructure Transport

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?