Peerless General Finance and Investment Company (PGFI), the flagship holding entity of the Peerless Group, has officially entered the real estate space independently with the launch of its ambitious ₹500-crore mixed-use project, Trayam, in Kolkata’s fast-growing New Town area.
The development marks a significant milestone for PGFI, which has previously contributed to real estate through its joint venture, Bengal Peerless. With Trayam, the group steps out on its own to redefine urban living in the city.
A Modern Urban Offering in the Heart of New Town
Trayam is a thoughtfully designed mixed-use project that blends luxury residences, office spaces, and retail outlets. Set on 2.67 acres of prime land, the development aims to offer a lifestyle centered around connectivity, sustainability, and comfort.
Key Features:
- Location: New Town, Kolkata
- Type: Mixed-use (residential, retail, and official)
- Residential Units: 71 luxury units (3 & 4 BHK)
- Total Project Cost: ₹500 crore
- Land Area: 2.67 acres
- Construction Started: March 2025
- Expected Completion: Before Durga Puja 2029
“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,”
— Jayanta Roy, Managing Director, PGFI
Peerless Group’s Real Estate Journey
While PGFI is making its solo debut in real estate, the Peerless Group is no stranger to the sector. Through its JV, Bengal Peerless, the group has developed over 30 lakh sq. ft. of residential real estate in West Bengal over the past three decades.
In addition to real estate, the Peerless Group also has a strong presence in:
- Healthcare (Peerless Hospital)
- Hospitality
- Financial Services
“This project represents our next chapter in real estate,”
— Jayanta Roy, Managing Director, PGFI
Quick Summary Table: Trayam by PGFI
| Feature | Details |
|---|---|
| Project Name | Trayam |
| Developer | Peerless General Finance and Investment Company (PGFI) |
| Location | New Town, Kolkata |
| Type | Mixed-use: Residential, Retail, Office |
| Residential Units | 71 units (3 & 4 BHK) |
| Project Cost | ₹500 crore |
| Land Area | 2.67 acres |
| Construction Start | March 2025 |
| Expected Completion | Before Durga Puja 2029 |
FAQs
1. What is Trayam by PGFI?
Trayam is a ₹500-crore mixed-use real estate project in Kolkata’s New Town, developed by Peerless General Finance and Investment Company. It combines residential, retail, and office spaces.
2. What kind of homes will be available in Trayam?
Trayam will offer 71 luxury apartments in 3 BHK and 4 BHK configurations.
3. When is Trayam expected to be completed?
The project began construction in March 2025 and is expected to be completed before Durga Puja 2029.
4. Has Peerless done real estate projects before?
Yes, through Bengal Peerless, a JV with the West Bengal Housing Board, the group has developed 30 lakh sq. ft. of residential property in the last 30 years. Trayam is PGFI’s first independent project.
5. Where is Trayam located?
The project is located in New Town, Kolkata, one of the city’s prime and rapidly developing areas known for its infrastructure and connectivity.