Trinity Invests Rs 1,200 Cr in Gurugram Housing Project
x
Trinity to develop 'Sky Palazzo Residences' in Gurugram with a Rs 1,200 crore investment, offering 345 luxury apartments. The project is expected to be completed by 2029.
New Delhi, Apr 2 (PTI) 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. PTI MJH
MJH
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. PTI MJH
MJH
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 7.32 (+ 0.69)
- 51391136
- Sharanam Infra
- 0.61 (+ 3.39)
- 17951020
- GTL Infrastructure
- 1.49 ( 0.00)
- 17675604
- Vikas Lifecare
- 2.60 ( -9.41)
- 17580849
- YES Bank Ltd.
- 18.09 (+ 1.23)
- 11801097
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback