House of Hiranandani to Revamp Chembur's Real Estate Landscape with Five New Redevelopment Projects

House of Hiranandani is set to transform the real estate landscape of Chembur with its latest redevelopment projects, offering a holistic living experience to residents.

House Of HiranandaniRedevelopment ProjectsChemburMumbaiReal EstateReal Estate MumbaiSep 13, 2024

House of Hiranandani to Revamp Chembur's Real Estate Landscape with Five New Redevelopment Projects
Real Estate Mumbai:House of Hiranandani, a renowned name in the Indian real estate industry, is all set to strengthen its foothold in the redevelopment segment in Mumbai. The company has recently announced the signing of additional redevelopment projects of 17 lakh sq.ft. with a GDV of Rs 5,000 crore.

The company has entered into registered development agreements with five major housing societies in Chembur, with plans to invest Rs 3200 crore. These five housing societies, comprising 459 tenants, include the redevelopment of Maitri Park in Chembur East, admeasuring approximately nine acres, and Shrinagar Society in Chembur West, a cluster of four societies admeasuring approximately six acres.

House of Hiranandani is known for its holistic approach to redevelopment, with a focus on conscientious placemaking and urban planning. The company's projects across the Mumbai Metropolitan Region (MMR), Chennai, and Bengaluru are testaments to its commitment to creating world-class infrastructure and amenities for residents.

According to Surendra Hiranandani, Chairman and Managing Director, House of Hiranandani,

Frequently Asked Questions

What is the scope of House of Hiranandani's redevelopment projects in Chembur?

House of Hiranandani has entered into registered development agreements with five major housing societies in Chembur, with plans to invest Rs 3200 crore.

What is the expected completion timeline for the redevelopment projects in Chembur?

The company expects to complete the redevelopment projects within the next 4-5 years.

What is House of Hiranandani's approach to redevelopment?

House of Hiranandani is known for its holistic approach to redevelopment, with a focus on conscientious placemaking and urban planning.

What is the company's commitment to sustainability?

House of Hiranandani is committed to creating sustainable and liveable communities, with a focus on research and development and maintaining the local ecology of its sites.

What is the company's track record in delivering high-quality projects?

House of Hiranandani has delivered over 25,375 homes, developed 45.82 mn.sq.ft of residential and commercial space, and planted over 61,670 trees.

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