House of Hiranandani Embarks on Rs 12,500 Crore Investment in MMR
Real estate firm House of Hiranandani plans to invest Rs 12,500 crore in the Mumbai Metropolitan Region over the next two years. This investment will focus on developing multiple luxury and commercial projects. The firm aims to redefine the MMR realty market through innovative and world-class developments.
- Country:
- India
House of Hiranandani announced plans to invest Rs 12,500 crore in the Mumbai Metropolitan Region (MMR) over the next two years. The investment will fund five major projects as part of a strategic expansion in a booming real estate market.
The company's chairman, Surendra Hiranandani, highlighted Mumbai's infrastructure development and rising demand for quality spaces as key motivators behind the push. With a focus on luxury, the firm aims to reshape MMR's realty landscape through meticulously planned projects.
Beyond housing, the firm is also broadening its commercial portfolio in Mumbai and Thane, aiming to provide state-of-the-art commercial spaces and meet high demand for premium developments, according to Harsh Hiranandani of the firm.
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