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The Top 50 Real State & Infra Company- RANK 31, House of Hiranandani, Surendra Hiranandani, CMD

Cover Story

House of Hiranandani is looking at acquiring distressed real estate assets as smaller players find it difficult to survive in the new regulatory regime and amidst a tightening of credit supply to the sector. It has already identified several opportunities in this regard and have tied up a few land parcels. It’s in the process of tying up several more.
The company’s focus geographies are Mumbai, Bangalore, Chennai, and Hyderabad. Hiranandani currently has four residential townships under development in Bengaluru and Chennai spread across six million sq-feet worth nearly Rs₹2,500 crore. The aim is to build additional 1.5 million sq-ft by 2019.
Early this year, the developer launched residential plots in Thaiyur. Strategically located on the Old Mahabalipuram Road (OMR), this project gives customers a chance to own a piece of land in this high growth corridor of Chennai.

Hiranandani currently has four residential townships under development in Bengaluru and Chennai spread across six million sq-feet worth nearly Rs₹2,500 crore.

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Latest Issue

May 2020
11 May 2020