Trident Realty's Impressive Rs 700 Crore Investment in Panchkula's Thriving Independent Floors Market
Trident Realty, a major force in India's real estate domain, has unveiled ambitious plans to pour Rs 700 crore into constructing 412 upscale independent floors in its expansive 200-acre Trident Hills township in Panchkula. This well-considered project, named Windsong Residences, is for buyers who are looking for luxury space that emphasises privacy, assurance, and first-class safety.
What Investors Are Eyeing
Phase I plots sold out quickly, marking significant demand. Now, Phase II is generating buzz as property values in the Tricity region, Chandigarh, Panchkula, Mohali, climb steadily. Each floor rests on plots of 360 or 545 square yards, starting at Rs 2.22 crore. Trident is targeting Rs 1,000 crore in sales revenue, a wise approach given Tier-2 cities' growing importance.
S K Narvar, Group Chairman, revealed: "We saw strong interest from buyers last year, boosting our township goals in Panchkula." Parvinder Singh, CEO, mentioned that the Tricity region's location, connectivity, and lifestyle contribute to the shift toward customised homes.
Prime Area with a Nature Connection
Sitting along the Zirakpur-Panchkula-Kalka highway, Trident Hills lies next to natural treasures like Bir Shikargah, Khol-Hai Raitan, and Sukhna Wildlife Sanctuaries. Kaushalya Dam is in proximity, Morni Hills are just 26 km away, and Chandigarh's Sukhna Lake is only 20 km away. Buyers enjoy luxury along with green retreats.
Project's Main Points
- Floors: 412 low-rise independent units (stilt + 4BHK config)
- Plot Sizes: 360 sq yd and 545 sq yd
- Starting Price: Rs 2.22 crore
- Investment: Rs 700 crore
- Expected Revenue: Rs 1,000 crore
- Features: Privacy, safety, and security in a tranquil township
Trident's Solid Record
This Delhi-based company handles projects in Delhi-NCR, the Mumbai Metropolitan Region, and Tricity across housing, retail, offices, and hospitality. Thus far, these have yielded over 20.34 million sq ft, with 12.91 million sq ft under construction. Their partnership with DLF for a Mumbai project in July highlights their strong influence.
Panchkula's allure increases with nearby economic centres and high living standards. The demand for independent floors rises, favouring secure, custom homes over high-rises. The initiative by Trident seamlessly blends contemporary design with the calm of the outside world.
Tricity investors should seize the opportunity with Windsong Residences amid rising property values. Trident’s upcoming projects forecast exciting times for Panchkula's real estate market.