Archive · 13 Jun 2025
Peerless Launches ₹500-Crore Real Estate Project in Kolkata
Peerless General Finance, a company also involved in hospitals and financial services, is starting its own real estate project in Kolkata.
They are building a mixed-use complex called Trayam in New Town.
This project will cost around ₹500 crore and will have apartments and retail spaces.
The project is planned to have 71 luxury homes.
Construction began in March 2024 and is scheduled to be finished by Durga Puja in 2029.
The company hopes this new project will change how people live in the city and is a big step for the Peerless Group.
Peerless General Finance and Investment Company (PGFI) launched a ₹500-crore mixed-use real estate project.
The project is named Trayam and is located in Kolkata's New Town.
Trayam will offer 71 luxury residences, including 3 and 4 BHK units.
Construction began in March 2024 and is expected to be completed before Durga Puja in 2029.
PGFI, the holding entity of the Peerless Group, is expanding into real estate independently.
- Who
- Peerless General Finance and Investment Company (PGFI).
- What
- PGFI launched a ₹500-crore mixed-use real estate project called Trayam.
- When
- Construction started in March 2024 and is expected to be completed before Durga Puja 2029.
- Where
- Kolkata's New Town.
- Why
- To expand into real estate and offer modern urban living.
- Project Name
- Trayam
- Project Cost
- ₹500 crore
- Location
- Kolkata, New Town
- Units
- 71 luxury residences
- Completion Date
- Before Durga Puja 2029
- Developer
- Peerless General Finance and Investment Company (PGFI)