Rs 3,000 crore expansion plan chalked out by Hiranandani Group
One of the renowned real estate firms Hiranandani Group has announced plans to allocate about Rs 3,000 crore towards the expansion of projects during FY25. This comes as the group expects a robust growth of about 25 percent year-on-year in the residential real estate business.
As per the firm it is evaluating a few projects under joint venture or joint development agreements and aims to strategically extend its presence to regions with favorable conditions such as connectivity, infrastructure, demand, and customer base. The plans include broadening its Mumbai portfolio with 3 new residential projects, complementing existing ventures in Oshiwara and Versova.
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