BL Kashyap wins `5.10 bn construction contract

Update: 2025-05-10 17:28 GMT

New Delhi: Trinity has awarded a construction contract valued at ₹5.10 billion to BL Kashyap and Sons Ltd for the development of its flagship luxury residential project, Sky Palazzo Residences, located in Sector 88B, Gurugram.

Sky Palazzo Residences is set to be North India’s first high-rise residential community with a man-made beach, designed to offer a unique living experience that combines luxury with a resort-like atmosphere. The project is part of Trinity’s strategic vision to cater to the growing demand for high-end living spaces in the National Capital Region (NCR). The development will feature modern architecture, spacious residences, and a variety of meticulously curated amenities.

Vineet Kashyap, Managing Director of BL Kashyap and Sons Ltd, expressed his enthusiasm about the project: “We are pleased to announce the addition of this significant order to our growing portfolio. With this ₹5.10 billion project for Sky Palazzo Residences, our order book reflects strong momentum and a healthy pipeline. Residential group housing has been a core area of expertise for BL Kashyap, and we take pride in contributing to the development of high-quality living spaces in key urban markets. NCR remains one of our most strategic regions, offering immense potential for infrastructure-led growth. Our deep understanding of the region, combined with decades of execution excellence, positions us well to deliver projects that meet evolving customer and stakeholder expectations.”

Sky Palazzo Residences will not only offer a premium living experience but will also redefine the concept of urban living with its man-made beach — a standout feature that is expected to make the community one of the most sought-after addresses in the country. The development will integrate several high-end facilities such as a state-of-the-art clubhouse, wellness spaces, and extensive recreational amenities, all designed to offer a well-rounded lifestyle for residents.

Avinash Nagpal, Senior Vice President - Projects at Trinity, commented, “Sky Palazzo Residences is a flagship project for Trinity. This collaboration with BL Kashyap strengthens our commitment to delivering premium living environments that align with the expectations of today’s discerning buyers. We are confident that this development will become one of Gurugram’s most sought-after addresses.”

The construction contract with BL Kashyap marks a significant milestone in the realization of Sky Palazzo Residences. The project is poised to contribute to Gurugram’s skyline, combining luxury with contemporary urban living to meet the increasing demand for high-end residential spaces in the region.

As the real estate market in Gurugram continues to witness steady growth, particularly in the premium housing segment, the Sky Palazzo project is expected to reinforce the city’s status as one of NCR’s leading destinations for upscale living.

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