Trident Realty Aims for Rs 1,200 Cr Revenue from Panchkula's Central Vista
Trident Realty, a prominent real estate developer based in Delhi-NCR, is eyeing a significant revenue milestone of Rs 1,200 crore from its latest luxury housing project in Panchkula. The project, named 'Central Vista', is part of the sprawling 200-acre integrated township, 'Trident Hills'. The company has recently launched 199 housing plots for sale, marking a strategic move to capitalize on the growing demand for premium real estate in the region.
According to a company statement, Trident Realty has partnered with realty major DLF Ltd to develop a residential project in Mumbai. This partnership underscores Trident's commitment to expanding its footprint in key markets across India. The launch of 'Central Vista' in Panchkula is a testament to the company's confidence in the local real estate market and its potential for growth.
S K Narvar, Group Chairman of Trident Realty, expressed his optimism about the project, stating, 'The overwhelming response to the earlier phases of Trident Hills reinforces Panchkula's position as one of North India's most sought-after real estate destinations.' The company's track record of delivering high-quality projects has been a significant factor in its success.
Parvinder Singh, Chief Executive Officer of Trident Realty, highlighted the company's achievements, noting that they have already delivered more than 500 units in the Trident Hills township. This accomplishment is a testament to the company's commitment to meeting the housing needs of the growing population in Panchkula.
Established in 2008, Trident Realty has a rich history of delivering over 20.34 million sq ft of residential and commercial space. The company is currently working on an additional 10.97 million sq ft of construction, spanning residential, retail, and hospitality segments. This extensive portfolio positions Trident Realty as a leading player in the Indian real estate market.
The launch of 'Central Vista' is expected to further solidify Trident Realty's position in the luxury housing segment. The project is designed to offer residents a premium living experience, complete with world-class amenities and a strategic location. Panchkula, known for its excellent infrastructure and quality of life, is an ideal location for such a project.
Trident Realty's focus on sustainable and integrated townships aligns with the growing trend of urbanization and the need for well-planned, eco-friendly residential spaces. The company's commitment to innovation and customer satisfaction is evident in the design and development of 'Central Vista', which promises to set new standards in luxury living.
In conclusion, the launch of 'Central Vista' in Panchkula represents a significant milestone for Trident Realty. The project's expected revenue of Rs 1,200 crore underscores the company's strong market presence and its ability to deliver high-quality, sought-after real estate solutions.