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Market Update

Saya Group clears ₹1,500-crore debt, eyes next phase of growth

Saya Group
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NCR-based developer Saya Group has achieved a major financial milestone by clearing ₹1,500 crore of debt over the past five years, strengthening its balance sheet and setting the stage for its next phase of expansion.

The repayment, which included term loans, NCDs, and GECL facilities from leading lenders such as IIFL Finance, Yes Bank, and 360 One, underscores the company’s financial discipline, robust project execution, and commitment to sustainable, debt-free growth.

Commenting on the achievement, Vikas Bhasin, Managing Director, Saya Group, said: “Clearing ₹1,500 crore of debt over the last five years reflects our strong financial fundamentals, efficient project execution, and unwavering commitment to our stakeholders. Saya Group has always prioritized timely delivery, transparency, and responsible growth. With a robust balance sheet and exciting new projects in the pipeline, we are well-positioned for our next phase of expansion.”

Saya Group stands among the very few developers in the Ghaziabad–Noida corridor to have delivered all projects in full regulatory compliance and with no land dues pending.

Every development by the company has been executed on fully paid-up land parcels, reinforcing its reputation for financial integrity and operational excellence.

Established over 25 years ago, Saya Group has evolved from developing low-rise floors and villas to creating landmark high-rise residences and premium commercial destinations. The company’s extensive portfolio spans 4.99 lakh sq. m. of delivered and ongoing residential and commercial developments.

Its signature residential projects—Desire Residency, Saya Zenith, Saya Zion, and Saya Gold Avenue—are home to over 4,000 families. On the commercial front, Saya Piazza (Noida) and Saya SouthX (Greater Noida West) collectively cover 2.20 lakh sq. m., attracting top retail, dining, and entertainment brands. Occupancy Certificate (OC) applications for both have already been submitted.

With a debt-free growth outlook, strong brand equity, and multiple launches planned across the NCR, Saya Group is entering an exciting new phase—poised to further strengthen its leadership in the luxury and lifestyle real estate segment.

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