New Delhi: Realty firm Trehan Group, one of the leading developers from Rajasthan with projects in Alwar, Bhiwadi, Tapukara, Neemrana, Navi Mumbai and Faridabad, has announced on Monday a foray into Gurugram real estate market with the launch of 320 high-end luxury independent floors priced in the range of Rs 1.27 crore to Rs 4 crore.
The group will invest about Rs250 crore to develop these 320 independent floors at multiple locations in the heart of millennium city Gurugram.Theindependent floors will be built on plot sizes of 217 sq. yards to 676 sq. yards.
“During this Covid-19 pandemic, we have witnessed a decent surge in demand for plotted development and independent floors. To cater to this rise in demand, we are launching these independent floors across various sectors in Gurugram. All the luxury units will be semi-furnished,” said Mr. Harsh Trehan, Chairman, Trehan Group.
“The builder floors segment was so far a fragmented market. We believe that it is time to organize this segment, given the rise in demand from home buyers,” he added.These low-rise floors are expected to be delivered in 15 months..
The Group isaggressively expanding and has plans to develop over 1,000 units in the next 5 years.
“We are expecting a good response from customers. We are targeting to sell all the 320 units in the next few months, riding on pent up and festival demand coupled with very low interest rates on home loans,” he said.
Giving details, he said that out of the 320 units, 120 would be 3-BHK floors, 152 floors of 4-BHK, and 48 of 5-BHK.
The company is also offering flexible payment plans to customers.
Trehan Group has delivered over 10 million square feet of residential real estate since1989. It has completed 16 projects and so far delivered more than 12,000 units. Trehan Group has a legacy of delivering all the projects before the committed time schedule.