Industry Updates

Saya Group Clears ₹1,500 Crore Debt, Strengthens Financial Standing for Future Growth

Published: November 10, 2025
Author: Fashion Value Chain

NCR-based real estate developer Saya Group has cleared around ₹1,500 crore of debt in the last five years, strengthening its financial base and boosting investor confidence.

The company repaid term loans, Non-Convertible Debentures (NCDs), and Guaranteed Emergency Credit Line (GECL) facilities to major financial institutions including IIFL Finance Limited, Yes Bank, and 360 One. This achievement highlights Saya Group’s sound financial discipline, efficient project management, and sustainable growth strategy.

Mr. 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 few developers in the Ghaziabad–Noida corridor to deliver every project in full regulatory compliance and without pending land dues. The company develops on fully paid-up land parcels, reinforcing its reputation for integrity and operational excellence.

Founded over 25 years ago, Saya Group has grown from building low-rise homes and villas to creating iconic high-rise residences and premium commercial destinations. Today, its portfolio spans 4.99 lakh sq. m. of completed and ongoing developments.

Its flagship residential projects—Desire Residency, Saya Zenith, Saya Zion, and Saya Gold Avenue—house over 4,000 families. On the commercial front, Saya Piazza (Noida) and Saya SouthX (Greater Noida West) together cover 2.20 lakh sq. m., featuring leading retail, dining, and entertainment brands. The company has already submitted Occupancy Certificate (OC) applications for both developments.

With a debt-free outlook, a strong brand reputation, and several luxury launches planned across NCR, Saya Group is ready for its next phase of expansion—further strengthening its position in the luxury and lifestyle real estate segment.

Related Posts

Nando’s is Expanding its Presence with the Launch of New Restaurant in Bengaluru