Hiranandani Communities eyes Rs 1,100 cr revenue from new MMR housing project
TIL Creatives
Synopsis
Hiranandani Communities anticipates a revenue of Rs 1,100 crore from 'The Arena', its new housing project in the Mumbai Metropolitan Region. The initial phase features approximately 600 units within the 588-acre Hiranandani Fortune City in Panvel. The company highlights Panvel's growth potential, driven by rising incomes and expanding job opportunities.
By PTI
Last Updated:
Real estate company Hiranandani Communities is expecting a Rs 1,100 crore revenue from its new housing project in the Mumbai Metropolitan Region (MMR).
It expects a topline revenue exceeding Rs 1,100 crore in its first phase, Hiranandani Communities said in a statement on Monday.
This project is part of its 588-acre township Hiranandani Fortune City, Panvel.
Niranjan Hiranandani, Chairman of Hiranandani Communities, said, "Panvel's growth potential is further fuelled by rising per capita income, expanding employment opportunities, and the migration of talent seeking holistic residential solutions."
The township has delivered 2,200-plus apartments with high occupancy towers and 3,000-plus happy customers.
ADVERTISEMENT
The company has launched the first phase of its new housing project 'The Arena', comprising around 600 units.It expects a topline revenue exceeding Rs 1,100 crore in its first phase, Hiranandani Communities said in a statement on Monday.
This project is part of its 588-acre township Hiranandani Fortune City, Panvel.
Niranjan Hiranandani, Chairman of Hiranandani Communities, said, "Panvel's growth potential is further fuelled by rising per capita income, expanding employment opportunities, and the migration of talent seeking holistic residential solutions."
The township has delivered 2,200-plus apartments with high occupancy towers and 3,000-plus happy customers.
(You can now subscribe to our Economic Times WhatsApp channel)
