Trinity awards Rs 510 crore contract to BL Kashyap for Gurugram housing project – Times of India-OxBig News Network

Realty developer Trinity has awarded a Rs 510 crore construction contract to BL Kashyap and Sons Ltd for its upcoming luxury residential project in Gurugram, the company said in a statement on Sunday.The project, named Sky Palazzo Residences, will be developed in Sector 88B, Gurugram.Vineet Kashyap, Managing Director of BL Kashyap and Sons Ltd, expressed his enthusiasm about the project stating “We are pleased to announce the addition of this significant order to our growing portfolio. With this Rs 5.10 billion project for Sky Palazzo Residences, our order book reflects strong momentum and a healthy pipeline. Residential group housing has been a core area of expertise for BL Kashyap, and we take pride in contributing to the development of high-quality living spaces in key urban markets.”“NCR remains one of our most strategic regions, offering immense potential for infrastructure-led growth. Our deep understanding of the region, combined with decades of execution excellence, positions us well to deliver projects that meet evolving customer and stakeholder expectations.” He added.The development will integrate several high-end facilities such as a state-of-the-art clubhouse, wellness spaces, and extensive recreational amenities, all designed to offer a well-rounded lifestyle for residents.Avinash Nagpal, Senior Vice President – Projects at Trinity said, “Sky Palazzo Residences is a flagship project for Trinity. This collaboration with BL Kashyap strengthens our commitment to delivering premium living environments that align with the expectations of today’s discerning buyers. We are confident that this development will become one of Gurugram’s most sought-after addresses.”Last month, Trinity announced that it would invest Rs 1,200 crore in the development of this high-end residential project. The first phase of the development will include 345 apartments.According to data from PropEquity, housing sales in the Delhi-NCR region increased by 10 per cent, rising to 11,221 units in January–March 2025 from 10,235 units during the same period last year.