Trident Realty, has launched its new luxury residential project – Trident Hills in Panchkula. The company has acquired a 200-acre plot of land in Panchkula and plans to invest Rs 3,000 crore to develop an integrated luxury township.
With its sizeable presence in NCR and MMR, the company plans to foray into the Tier-2 Real estate Market with the launch of Trident Hills. The initial development of a 125-acre land parcel will include plots and low-rise floors.
Speaking about this new project, S K Narvar, Chairman, Trident Realty, said, “We are excited to launch Trident Hills set amidst Panchkula’s scenic surroundings. Luxury homes are witnessing high demand in Tier-2 cities because of the aspirational upper middle & upper class, and Trident Hills marks our debut in the Tier-2 market. The company is in an expansion mode and considering the remarkable growth momentum of the realty sector in the last 2-3 years, we are convinced that the time is apt to foray into Tier-2 markets like Tri-city (Chandigarh), Uttarakhand, Haryana, Himachal, Punjab, Ahmedabad, Baroda, Goa & Pune as these places are brimming with opportunities due to rapid infra development.
Parvinder Singh, CEO, of Trident Realty, said, “We are focusing on planned developments in Tier-2 cities like Panchkula to capitalise on the acceptance of community living and positive buyer sentiments. Trident Hills happens to be an ideal place for those, looking for quick relief from the chores of their busy life but yet want to stay connected with the hustle & bustle of the main city. With this luxurious residential development, we want to provide aspirational buyers with an upgraded lifestyle in the lap of nature. With a lush green backdrop coupled with a wide range of amenities and features, our project will set the bar high for modern living.” Offering a luxurious lifestyle, this eco-friendly residential development will have several amenities and facilities.
