The sale of floors at the site is expected to generate Rs10bn in revenue for Trident. Credit: laura adai via Unsplash.

Indian real estate developer Trident Realty has announced its plans to invest approximately Rs7bn ($83.90m) for the construction of premium independent residences in Panchkula, Haryana, reported PTI News.

The investment will see the development of 412 independent floors under the Windsong Residences project.

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Windsong Residences is situated at Trident Hills, a 200-acre community that is currently under development near Panchkula.

Trident Hills will feature several types of residential and commercial options for its residents upon completion.

Housing units at the site will feature amenities such as a clubhouse, a herb garden, and electric vehicle (EV) charging points, as well as green and open areas.

Windsong Residences 1 is spread over 2.0282 acres and Windsong Residences 2 over 6.318 acres.

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The limited edition, four-bedroom, hall and kitchen low-rise premium Windsong Residences will be built on a 300m² or 456m² plot of land.

The sale of these independent floors is expected to generate Rs10bn in revenue for the company.

The company said that the project is currently under construction. The offer of possession will begin 60 months from the date of launch as per Real Estate Regulatory Authority Registration.

Trident chair S K Narvar was quoted as saying: “We are confident of our expansion plans as we have an impressive pipeline of launches ahead.”

Some other features and amenities offered at Windsong Residences include home security automation, biometric door locks with smart doorbells, visitor’s car parking, and more.