Karyan Group to Develop Luxury Homes in Ghaziabad, Homes Priced Between ₹2-6 Cr
Ghaziabad, May 20: Karyan Group will invest ₹900 crore to develop a luxury housing project on Ghaziabad's NH-24 corridor with homes priced between ₹2-6 crore. The company expects to generate nearly ₹1,500 crore in revenue from the development.
Project Details
The company will develop 'Trevana Residences', a luxury housing project located opposite Wave City on NH-24. The project will comprise 3 and 4-BHK apartments. According to the developer, the project will feature a 45,000 sq ft clubhouse, landscaped greens, bowling alley, pickleball and paddle courts, among other amenities. The project is expected to be completed by 2030.
Location Advantages
The project is located along the high-growth NH-24 corridor with connectivity to Delhi, Noida and Meerut, while also benefiting from upcoming metro expansion and infrastructure upgrades in the region. "Travel time to Delhi is now close to 30 minutes, significantly shorter than several locations in Noida or Gurugram. The 14-lane expressway has directly translated into stronger housing demand," industry leaders said.
Developer's Vision
Varun Garg, director at Karyan Group, said, "The project has been conceptualised keeping in mind the aspirations of modern homebuyers who seek spacious homes, lifestyle amenities, pollution-free living and seamless access to key NCR destinations. We are confident that the project will witness a strong market response and contribute significantly to the evolving urban landscape of NH-24."
Market Shift in Ghaziabad
A wave of premium residential launches along the Delhi-Meerut Expressway is redefining price benchmarks in eastern NCR, with several projects now priced around ₹3 crore. Ghaziabad is steadily moving beyond its affordable-housing identity into a more aspirational residential phase, with developers introducing larger apartments, lower-density layouts, expansive balconies and hospitality-style amenities. To date, Karyan Group has developed one commercial project of 1 lakh sq ft, while two commercial projects totalling 6 lakh sq ft are under construction in Ghaziabad.