Panchkula: Trident Realty launched its luxury residential project - Trident Hills in Panchkula. The company, a pioneering real estate developer in India , has acquired a 200-acre plot of land and plans to invest Rs 3,000 crore to develop an integrated luxury township. With its sizeable presence in NCR and MMR, the company plans to foray into the Tier-2 Real estate Market with the launch of Trident Hills. The initial development of 125-acre land will include plots and low-rise floors. Mr. S K Narvar, Chairman, Trident Realty, said, "We are excited to launch Trident Hills set amidst Panchkula's scenic surroundings. Luxury homes are witnessing high demand in Tier-2 cities because of the aspirational upper middle and upper class. The company is in an expansion mode and considering the remarkable growth momentum of the realty sector in the last 2-3 years, we are convinced that the time is apt to foray into Tier-2 markets like Tri-city (Chandigarh), Uttarakhand, Haryana, Himach...