Trehan Group to invest Rs 250 cr in new project in Gurugram

New Delhi: Realty player Trehan Group will invest Rs 250 crore in a high end luxury independent floors project comprising of 320 units in Gurugram.

These independent floors would be built on plots of 217 sq yards to 676 sq yards and will be priced in the range of Rs 1.27- Rs 4 crore, the company said in a statement.

"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 low rise floors are likely to be delivered in the coming 15 months.