Saya Group repays Rs 1,500 crore debt, to focus on growth

NCR-based real estate developer Saya Group has reduced its debt to Rs 250 crore after repaying Rs 1,500 crore to multiple financial institutions and investors over the past five years.

The cleared debt comprised term loans, Non-Convertible Debentures (NCDs), and Guaranteed Emergency Credit Line (GECL) facilities from leading financial institutions including IIFL Finance Limited, Yes Bank, and 360 One.

“Saya Group has always prioritized timely delivery, transparency, and responsible growth. With a robust balance sheet and new projects in the pipeline, we are well-positioned for our next phase of expansion,” said Vikas Bhasin, managing director, Saya Group.


Following this major repayment milestone, Saya Group currently maintains an outstanding debt of around Rs 250 crore, which includes recently availed project-specific loans to support ongoing and new developments

Established over 25 years ago, Saya Group has evolved from developing low-rise floors and villas to creating 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.

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