Advertisement
What really powers the cloud? Behind every Google search, A...
A lot of what defines a home isn’t visible at handover. I...
Private equity has played a significant role in shaping Indi...
Luxury real estate is one of the most talked-about segments ...
Airports play a much bigger role than just enabling travel -...
Karyan Group has performed the Bhoomi Poojan ceremony for Trevana Residences, its recently launched luxury housing project on NH-24 opposite Wave City in Ghaziabad, formally commencing construction of the development. The NCR-based developer is investing INR 900 crore in the project and expects to generate nearly INR 1,500 crore in revenue. Scheduled for completion by 2030, the development will comprise 3 and 4 BHK residences supported by a 45,000 sq. ft. clubhouse, lifestyle amenities and sustainable infrastructure. Located along the NH-24 corridor with connectivity to Delhi, Noida and Meerut, the project is aimed at premium homebuyers and investors. The launch comes amid sustained demand for luxury and upper mid-segment housing across the National Capital Region, particularly in emerging residential corridors.
NCR-based Karyan Group has commenced development of its recently launched residential project, Trevana Residences, after conducting the Bhoomi Poojan ceremony at the project site on NH-24, opposite Wave City in Ghaziabad. Held on June 24, the ceremony marked the formal start of construction for the luxury residential development, which the company said reflects its commitment to timely project execution and delivery.
The developer is investing INR 900 crore in the project and expects the development to generate an estimated INR 1,500 crore in revenue. According to the company, the investment is aligned with growing demand for premium housing in emerging micro-markets across the National Capital Region.
The Bhoomi Poojan ceremony was attended by the company's leadership team and well-wishers, marking the beginning of construction activities. Karyan Group stated that the event represents an important milestone in the project's development and supports its objective of creating a premium residential community along the rapidly developing NH-24 corridor.
Trevana Residences has been planned as a luxury housing development comprising 3 and 4 BHK residences. The project is intended to combine premium housing with modern amenities, spacious apartment layouts and sustainable infrastructure, targeting affluent homebuyers and investors seeking residential options within the high-growth NH-24 corridor.
The development benefits from its location with road connectivity to Delhi, Noida and Meerut, while also offering proximity to proposed metro connectivity, educational institutions, hospitals, retail destinations and major commercial districts. According to the company, the project has been designed as an integrated residential community with lifestyle and recreational facilities alongside essential urban infrastructure.
Among the key amenities planned at the development are a 45,000 sq. ft. clubhouse, landscaped open spaces, a bowling alley, pickleball court, cricket pitch, paddle court, indoor and outdoor swimming pools, fitness centres and jogging tracks. The project will also incorporate smart security systems together with sustainability measures including rainwater harvesting infrastructure and solar-powered common areas. Karyan Group has scheduled the project's completion for 2030.
Commenting on the commencement of construction, Varun Garg, Director of Karyan Group, said the Bhoomi Poojan marked the beginning of the company's vision to develop a premium residential destination on the NH-24 corridor. He stated that Trevana Residences has been designed to balance luxury, connectivity and comfortable living while addressing the evolving preferences of modern homebuyers seeking larger homes, lifestyle amenities, cleaner surroundings and convenient access to key destinations across the NCR. He added that the company expects the development to receive strong market interest while contributing to the continued residential growth of the NH-24 corridor.
According to the company, demand for luxury and upper mid-segment housing across the NCR continues to remain strong, with developers increasingly focusing on integrated residential communities offering lifestyle amenities, connectivity and long-term residential value. Backed by more than 15 years of operations across residential and commercial real estate, warehousing and emerging technologies, Karyan Group said it remains focused on expanding its presence in the Delhi-NCR market through quality-driven developments, timely delivery and customer-centric planning.
Advertisement
Facebook
Whatsapp
