Saya Group Clears Rs 1,500 Cr Debt, Signals Debt-Free Growth Across NCR

Saya Group has successfully cleared Rs 1,500 crore of debt over five years, marking a major milestone in financial discipline and strategic growth. The repayment covered term loans, NCDs, and GECL facilities from institutions including IIFL Finance, Yes Bank, and 360 One.

The move positions Saya Group among the few developers in the Ghaziabad–Noida corridor with zero land dues and full regulatory compliance across all delivered projects. Every development has been executed on fully paid-up land parcels, reinforcing the company’s reputation for financial integrity and operational excellence.

Commenting on the achievement, Vikas Bhasin, MD of Saya Group, said, “Clearing Rs 1,500 crore of debt reflects our strong fundamentals and commitment to responsible growth. With a robust balance sheet and exciting new launches ahead, we’re ready for our next chapter.”

Established over 25 years ago, Saya Group has evolved from low-rise floors to landmark high-rises and premium commercial destinations. Its residential portfolio—Desire Residency, Saya Zenith, Saya Zion, and Saya Gold Avenue—houses over 4,000 families. Commercial projects like Saya Piazza (Noida) and Saya SouthX (Greater Noida West) span 2.20 lakh sq. m., with OC applications already submitted.

With a debt-free outlook and multiple luxury launches planned across NCR, Saya Group is poised to deepen its leadership in the lifestyle real estate segment—where delivery, design, and discipline converge.