House of Hiranandani Expands in Mumbai: Acquires Land in Andheri East

House of Hiranandani has acquired a land parcel in Mumbai’s Andheri East, planning to invest over Rs 500 crore in a premium commercial tower. This move aims to strengthen the company’s commercial real estate footprint in the city’s growing office market.

MumbaiCommercial Real EstateAndheri EastHouse Of HiranandaniOffice MarketReal Estate MumbaiOct 16, 2025

House of Hiranandani Expands in Mumbai: Acquires Land in Andheri East
Real Estate Mumbai:House of Hiranandani, a prominent realty developer, has acquired a land parcel spanning an acre in Mumbai’s western suburb, Andheri East. This strategic move is part of the company’s broader plan to strengthen its commercial real estate presence in the city’s rapidly evolving office market.

The company is planning to invest over Rs 500 crore towards the development of a premium commercial tower on the plot. The project is estimated to hold a total leasable area of around 400,000 square feet, with construction expected to begin within the next three to six months, subject to regulatory approvals.

This development is aimed at catering to the rising demand for Grade A office spaces in Mumbai’s western suburbs, driven by robust occupier interest and improving infrastructure. The location of Andheri East is particularly advantageous, being in close proximity to the Mumbai airport and offering seamless metro connectivity. These factors position it as a prime growth corridor in the city.

“ This investment is part of the company’s broader plan to strengthen its commercial footprint across Mumbai,” said Surendra Hiranandani, Chairman, House of Hiranandani. “Andheri East is strategically located in close proximity to the Mumbai airport and offers seamless metro connectivity, positioning it as a prime growth corridor. We expect strong leasing traction and enduring long-term value from this development,” he added.

JLL India acted as the advisor for the transaction. House of Hiranandani already has a significant presence in Andheri, with key office projects housing tenants including Crisil, Skechers, WeWork, and Marriott Hotels, among others.

Beyond Andheri, the developer has also established a strong base in Thane’s commercial real estate market, where its projects have occupiers such as Tata Consultancy Services, IDFC Bank, ICICI Bank, and BNP Paribas. With this addition, House of Hiranandani’s total commercial portfolio now stands at 8.5 million square feet, underscoring its growing emphasis on the office segment.

The company’s latest investment signals continued confidence in Mumbai’s commercial property market, where improved connectivity, steady leasing momentum, and infrastructure upgrades are reshaping business hubs across the city. This move is expected to further solidify House of Hiranandani’s position as a leading player in the commercial real estate sector in Mumbai.

Frequently Asked Questions

What is the size of the land parcel acquired by House of Hiranandani in Andheri East?

The land parcel acquired by House of Hiranandani in Andheri East spans an acre.

How much is House of Hiranandani planning to invest in the new commercial tower?

House of Hiranandani is planning to invest over Rs 500 crore towards the development of the new commercial tower.

What is the estimated total leasable area of the new commercial tower?

The new commercial tower is estimated to hold a total leasable area of around 400,000 square feet.

What are the key factors that make Andheri East a prime location for commercial real estate?

Andheri East is a prime location due to its proximity to the Mumbai airport and its seamless metro connectivity, positioning it as a key growth corridor in the city.

What is the total commercial portfolio of House of Hiranandani after this new acquisition?

With this new acquisition, House of Hiranandani’s total commercial portfolio now stands at 8.5 million square feet.

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