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Peerless General Finance and Investment Company (PGFI) has announced its independent entry into the real estate sector with the launch of Trayam, a landmark ₹500-crore mixed-use development in Kolkata. This initiative marks a strategic diversification for the company as it steps directly into property development.
Located on a 2.67-acre plot in the fast-growing New Town area of Kolkata, Trayam is envisioned as a modern urban destination that seamlessly blends residential, retail, and office spaces.
The residential component of the project will feature 71 luxury apartments, comprising spacious 3-BHK and 4-BHK units designed to appeal to discerning homebuyers seeking premium living in a prime location.
This significant investment reflects PGFI’s confidence in Kolkata’s expanding real estate market and underscores its commitment to broadening its business footprint through strategic ventures in high-potential sectors.
News by Rahul Yelligetti.
