Saya Group Clears Rs 15 billion Debt to Fuel Expansion

18 Nov 2025 CW Team

Saya Group, the NCR-based real estate developer, has cleared approximately Rs 15 billion of debt over the past five years, strengthening its financial position and setting the stage for a new phase of expansion. The debt included term loans, non-convertible debentures, and GECL facilities from lenders such as IIFL Finance, Yes Bank, and 360 One.

The milestone reinforces the company’s financial discipline, prudent project management, and long-term growth strategy. Mr Vikas Bhasin, Managing Director of Saya Group, said the achievement reflects the firm’s strong fundamentals and commitment to transparency and timely delivery. He added that with a robust balance sheet and new launches planned, the company is well positioned for its next growth cycle.

Saya Group is among the few developers in the Ghaziabad–Noida corridor to have delivered all projects in full regulatory compliance with no pending land dues. All developments have been executed on fully paid-up land, strengthening its reputation for integrity and operational excellence.

With a presence of over 25 years, Saya Group has evolved from low-rise floors and villas to landmark high-rise residences and premium commercial destinations. Its residential portfolio, including Desire Residency, Saya Zenith, Saya Zion, and Saya Gold Avenue, houses more than 4,000 families. On the commercial front, Saya Piazza in Noida and Saya SouthX in Greater Noida West together span 2,20,000 sq. m. and have submitted Occupancy Certificate applications.

The company’s delivered and ongoing developments cover 4,99,000 sq. m. across residential and commercial segments. With a debt-free outlook, strong brand equity, and upcoming luxury launches across the NCR, Saya Group is entering a promising phase of expansion.

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