Trident Realty to invest Rs 700 crore to build 412 independent floors at Panchkula
In the township, the company has launched 412 independent floors project 'Windsong Residences'. Trident Realty is planning to invest Rs 700 crore for the construction of 412 units of low-rise premium independent floors, the company said in a statement.
)
06:27 PM IST
Trident Realty on Sunday said it will invest Rs 700 crore to develop more than 400 luxury independent floors in Panchkula. Delhi-based Trident Realty is developing a 200-acre township Trident Hills at Panchkula.
In the township, the company has launched 412 independent floors project 'Windsong Residences'. Trident Realty is planning to invest Rs 700 crore for the construction of 412 units of low-rise premium independent floors, the company said in a statement.
Each independent floor shall be constructed on 360 and 545 square yard plot area with a starting price of Rs 2.22 crore. The company expects revenue of Rs 1,000 crore from the sales of independent floors, the statement said.
S K Narvar, Group Chairman, Trident Realty, said, "We are confident of our expansion plans as we have an impressive pipeline of launches ahead.
Trident Realty has a presence in Delhi-NCR, Mumbai Metropolitan Region and Tri-City (Chandigarh), with its footprints across housing, retail, office and hospitality segments.
In July, realty major DLF announced an investment of Rs 400 crore as equity to develop a real estate project in Mumbai in partnership with Trident Realty. The company has delivered over 20.34 million square feet and 12.91 million sq. Ft. Is under various stages of construction.
Catch the latest stock market updates here. For all other news related to business, politics, tech, sports, and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
)
)
)
)
)
)
Trident result impact on share price: Scrip slumps over 12% intraday - Know details here
Trident shares hit 5% lower circuit; Motilal Oswal sees over 15% upside in textile stock that surged nearly 350% in one year 
Textile stocks in action! Alok Industries' shares zoom 17% to new high of Rs 35.80; Trident too locked in 5% upper circuit
Buy, Sell or Hold: What should investors do with Trident, Deepak Fertilisers and Infosys?
Wedding Season Special: 15 recommended stocks that can directly benefit from record 25-lakh weddings in one month
