Trident Lodges on Wednesday stated it is going to service and function 19 luxurious residences, being developed by BI Group within the coronary heart of the nationwide capital with an funding of Rs 270 crore. The venture ‘Trident Residences’ is positioned near the landmark lodge The Oberoi and shall be launched this summer season.

Trident Residences venture shall be operated and serviced by Trident Lodges, a sequence of 5-star resorts of The Oberoi Group, in response to a press release. The dimensions of residences vary from 3,600 sq. toes to to 9,300 sq. toes.

The venture, unfold over 4,400 sq. yards, is predicted to be accomplished in mid-2024. The residences are being bought in a worth vary of Rs 18-44 crore.

The venture has been conceptualised by BI Luxurious Residences, which is a part of BI Group that presently operates inside hospitality, actual property, schooling and media.

“Positioned within the coronary heart of New Delhi, Trident Residences will launch 19 bespoke residences this summer season that guarantees to supply a singular city residing expertise,” the assertion stated.

Shashank Bhagat, Chairman of BI Group, stated, “With Trident Residences, we envisage this first-of-its-kind, clear, safe, gated neighborhood that may ship a brand new expertise of up to date city residing.”

Unique services provided at Trident Residences will embody a concierge, foyer supervisor, assembly rooms, a health centre, 24-hour safety and centralised upkeep aside from different providers. Condominium house owners also can entry the enterprise centre, salon providers and dry cleansing at The Oberoi, New Delhi.

Potential patrons will be capable to take pleasure in Trident Privilege Membership, particular affords at Trident Lodges’ meals and beverage shops and in-residence eating, the assertion stated.

Based in India in 1934, The Oberoi Group presently has a presence in seven international locations beneath the Oberoi and Trident manufacturers. It operates 33 resorts and two River Nile cruisers.