Real estate firm Trinity to invest Rs 1,200 cr in Gurugram housing project
In a statement on Wednesday, the company said it is developing an 11-acre luxury residential project 'Sky Palazzo Residences' on Dwarka Expressway in Gurugram
)
Housing sales have risen sharply during the post-COVID pandemic. | File Image
Listen to This Article
Realty firm Trinity will invest Rs 1,200 crore to develop a housing project in Gurugram.
In a statement on Wednesday, the company said it is developing an 11-acre luxury residential project 'Sky Palazzo Residences' on Dwarka Expressway in Gurugram. The project will be completed by 2029.
The company will develop this project "with an investment of Rs 1,200 crore".
In the first phase, it will develop 345 apartments.
Avinash Nagpal, Senior Vice President Projects, Trinity, said there is a strong demand for ultra-premium homes.
Housing sales have risen sharply during the post-COVID pandemic.
According to PropEquity data, housing sales in Delhi-NCR rose 10 per cent to 11,221 units in January-March 2025 from 10,235 units in the year-ago period.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Apr 02 2025 | 11:44 PM IST