Trehan to invest Rs 250 cr to build independent floors in Gurugram
17 Sep 2021
2 Min Read
CW Team
Trehan Group, a Rajasthan-based real estate firm, has entered the Gurugram real estate market with the launch of its high-end luxury independent floors project, which will cost around Rs 250 crore.
The 320 independent floor units will be priced between Rs 1.27 crore and Rs 4 crore and will be located throughout Millennium City, according to the company.
The independent floors will be constructed on plot sizes ranging from 217 to 676 sq yards.
Trehan Group chairman Harsh Trehan told the media that they've seen a spike in demand for plotted development and independent floors during the Covid-19 pandemic. To meet this demand, they are opening these independent floors in Gurugram's various sectors. All of the luxury units will be semi-furnished.
The delivery of these low-rise floors is expected to take 15 months.
In the next five years, the Group intends to build over 1,000 units.
Trehan said Customers are expected to respond positively. We plan to sell all 320 units within the next few months, leveraging pent-up and festival demand, as well as extremely low interest rates on home loans.
Trehan said that out of the 320 units, 120 will be 3-bedroom floors, 152 will be four bedroom floors, and 48 will be 5-bedroom floors.
Customers can also choose from a variety of payment options. Since 1989, Trehan Group has completed over 10 million square feet of residential real estate. It has completed 16 projects and delivered over 12,000 units to date. Alwar, Bhiwadi, Tapukara, Neemrana, Navi Mumbai, and Faridabad are among the cities where these projects are being developed.
Also read: Pune Municipal Corporation seals ten properties for tax defaults
Trehan Group, a Rajasthan-based real estate firm, has entered the Gurugram real estate market with the launch of its high-end luxury independent floors project, which will cost around Rs 250 crore.
The 320 independent floor units will be priced between Rs 1.27 crore and Rs 4 crore and will be located throughout Millennium City, according to the company.
The independent floors will be constructed on plot sizes ranging from 217 to 676 sq yards.
Trehan Group chairman Harsh Trehan told the media that they've seen a spike in demand for plotted development and independent floors during the Covid-19 pandemic. To meet this demand, they are opening these independent floors in Gurugram's various sectors. All of the luxury units will be semi-furnished.
The delivery of these low-rise floors is expected to take 15 months.
In the next five years, the Group intends to build over 1,000 units.
Trehan said Customers are expected to respond positively. We plan to sell all 320 units within the next few months, leveraging pent-up and festival demand, as well as extremely low interest rates on home loans.
Trehan said that out of the 320 units, 120 will be 3-bedroom floors, 152 will be four bedroom floors, and 48 will be 5-bedroom floors.
Customers can also choose from a variety of payment options. Since 1989, Trehan Group has completed over 10 million square feet of residential real estate. It has completed 16 projects and delivered over 12,000 units to date. Alwar, Bhiwadi, Tapukara, Neemrana, Navi Mumbai, and Faridabad are among the cities where these projects are being developed.
Image SourceAlso read: Pune Municipal Corporation seals ten properties for tax defaults
Next Story
Kolkata鈥檚 luxury housing market sees price growth amid mixed trends
A new study by Nklusive reveals that Kolkata鈥檚 luxury residential market (Rs 5鈥�10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment鈥檚 supply. The average price rose by 6 per cent鈥攆rom Rs 17,519 to Rs 18,600 per sq ft鈥攚hile unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..
Next Story
New Expressway to Cut Pune-Bengaluru Travel Time by Half
The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka鈥檚 Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..
Next Story
Nagpur鈥檚 Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic
To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..
