Stay updated with breaking news from Trident Realty. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The real estate sector in India has undergone significant transformation in recent years, from the increasing volume of sales to the implementation of regulatory reforms including RERA. These changes have brought about a heightened demand for professionalism, transparency, and expertise, not just in the primary market but also within the secondary market, particularly in the high-end luxury segments.
The company plans to use the proceeds to strengthen its residential portfolio, as it has lined up projects worth ₹15,000 crore for launch in 2024-25.
Noida-based Trident Realty has raised ₹1,200 crore through sale of assets, including Shipra Mall in Ghaziabad and a land parcel in Gurugram, as part of plans to focus on its residential business and exit non-core assets, said people close to the development.
As the central bank held key policy rates steady, the EMIs on home and auto loans are likely to remain stable for some more time. The RBI has kept interest rates unchanged since February 2023.
As the RBI monitory policy committee keeps Repo rate unchanged for over a year, real estate industry stakeholders expect their joyride to continue