Trident Realty Aims for Rs 1,200 Crore Revenue from Panchkula Housing Project
Trident Realty, a prominent real estate developer based in Delhi-NCR, is aiming to achieve a revenue of approximately Rs 1,200 crore from the launch of 199 luxury housing plots in Panchkula. This ambitious project, known as 'Central Vista', is part of the 200-acre integrated township 'Trident Hills'. The company has partnered with real estate major DLF Ltd to develop this residential project, which is poised to be a significant addition to the real estate landscape in Panchkula.
S K Narvar, Group Chairman of Trident Realty, expressed his confidence in 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.' This sentiment is echoed by Parvinder Singh, Chief Executive Officer of Trident Realty, who highlighted that the company has already delivered more than 500 units in this township.
Trident Realty, established in 2008, has a strong track record in the real estate sector. The company has successfully delivered over 20.34 million square feet of residential and commercial space, with another 10.97 million square feet currently under various stages of construction. This includes projects in the residential, retail, and hospitality segments, showcasing the company's diverse expertise and commitment to quality development.
The 'Central Vista' project is designed to cater to the growing demand for luxury housing in Panchkula. With its strategic location and comprehensive amenities, the project is expected to attract a wide range of homebuyers, from young professionals to families looking for a high-quality living environment. Trident Realty's partnership with DLF Ltd further strengthens the project's credibility and market appeal, ensuring that it meets the highest standards of quality and sustainability.
In a rapidly evolving real estate market, Trident Realty's focus on integrated townships and luxury housing projects aligns well with the changing preferences of homebuyers. The company's commitment to delivering high-quality, sustainable developments is evident in the successful completion of previous phases of Trident Hills, and the launch of 'Central Vista' is a testament to their continued growth and innovation in the real estate sector.
As Panchkula continues to emerge as a key real estate hub in North India, Trident Realty's ambitious plans for 'Central Vista' are likely to play a significant role in shaping the region's future. With a strong foundation and a track record of successful projects, Trident Realty is well-positioned to achieve its revenue targets and contribute to the overall development of the region.
