Major Investment: Peerless Unveils New Kolkata Mixed-Use Hub

Peerless General Finance and Investment Company (PGFI) today announced its independent foray into the real estate sector with the launch of Trayam, a significant ₹500-crore mixed-use development in Kolkata. This marks a new chapter for the company as it ventures directly into property development.

The ambitious project, Trayam, is strategically located on a 2.67-acre parcel of land in Kolkata’s rapidly developing New Town area. Designed as a comprehensive urban hub, Trayam will integrate residential, retail, and office spaces.

According to PGFI, the residential component of Trayam will feature 71 luxury residences, offering spacious 3-BHK and 4-BHK configurations. These premium units are set to capitalize on the prime location and cater to a discerning clientele.

This move represents a substantial investment by Peerless General Finance and Investment Company into the burgeoning real estate market, signaling its confidence in Kolkata's growth trajectory and its commitment to diversifying its business portfolio.