Peerless General Finance and Investment Company has announced the launch of a ₹500-crore mixed-use real estate development in Kolkata.
Named Trayam, the residential, retail, and office project is coming up on a 2.67-acre plot in the city’s New Town area.
According to PGFI, Trayam is envisioned as a premium urban development featuring 71 luxury units of 3 and 4 BHK apartments, located on prime real estate.
“The project has been conceived to provide Kolkata’s discerning homebuyers with a balanced life—where connectivity, sustainability, and comfort converge,” it said.
“Trayam is not just another real estate development. With it, we hope to effect a shift in modern urban living that will look inward rather than out. It reflects our evolving commitment to build environments that are deeply rooted in local culture yet meet the aspirations of the contemporary Indian family,” said Jayanta Roy, Managing Director, PGFI.
“This project represents our next chapter in real estate. Project cost is around ₹500 crore,” Roy said.
“Construction for the project was started in the month of March this year. The project is expected to be completed before Durga Puja, 2029,” he added.
PGFI serves as the holding company of the Peerless Group, which also operates in sectors such as healthcare, hospitality, and financial services.
Meanwhile, Bengal Peerless — a joint venture between PGFI and the West Bengal Housing Board — has developed over 30 lakh square feet of residential projects across West Bengal over the past 30 years.
With the launch of Trayam, Peerless General Finance and Investment Company is making a significant stride in Kolkata’s real estate sector. By introducing a ₹500-crore mixed-use development that combines luxury residences, retail, and office spaces, the company aims to meet the growing demand for integrated urban living. This project not only reinforces Peerless Group’s commitment to premium developments but also strengthens its position in the evolving landscape of mixed-use real estate in eastern India.
