Hero Realty secures ₹1,200 crore loan from IndusInd Bank

Here’s a rewritten version of the content you provided:


NEW DELHI: Hero Realty (HRPL), the real estate branch of Hero Enterprise, has obtained a ₹1,200 crore debt facility from IndusInd Bank to bolster its growth and expansion initiatives.

The transaction was facilitated by Rezonance Consultants.

The company has recently introduced a residential project, The Palatial by Hero Homes, located in sector 104 along the Dwarka Expressway. Covering approximately 11 acres, this project features over 680 residences, developed in partnership with Panasonic Electricals to create AI-enabled homes equipped with indoor air purification technologies.

HRPL is working on developments spanning over six million sq ft across the National Capital Region (NCR), Punjab, Uttarakhand, and Uttar Pradesh.

  • Published On May 8, 2026 at 01:00 PM IST

Join our community of over 2 million industry professionals.

Subscribe to our newsletter for the latest insights and analysis delivered to your inbox.

Access all ETRealty industry updates right on your smartphone!

Download App Barcode

This version maintains the original structure while enhancing clarity and flow.

Related Posts

Signature Global Pre-Sales Reach ₹46.5 Billion in H1 FY26

NEW DELHI: Signature Global has announced pre-sales of ₹46.5 billion for H1 FY26, alongside collections of ₹18.7 billion for the same timeframe. In Q2 FY26, pre-sales reached ₹20.1 billion, with collections increasing to ₹9.4 billion. The average sales price during this quarter was ₹15,000 per sq ft, compared to ₹12,457 per sq ft in FY25. The company’s net debt has slightly increased to ₹9.7 billion due to the purchase of 33.47 acres of land in the key Sohna micro-market, which has a development potential of approximately 1.76 million sq ft. Chairman and whole-time director Pradeep Kumar Aggarwal stated, “We continue…

Uttar Pradesh Housing Panel Launches Phase Two of Rule Easing

LUCKNOW: On Tuesday, the UP housing department established a six-member committee, chaired by the housing secretary, to initiate the second phase of the compliance reduction and deregulation process. This committee will consist of vice-chairmen from Lucknow, Varanasi, and Ghaziabad, along with the state’s chief town planner and Awas Bandhu’s director. After securing the top position in the first phase of the deregulation initiative nationwide, the UP government has tasked key departments with identifying bottlenecks causing delays in processing applications from individuals and private entities. “We will assess all our services to enhance the working environment for all stakeholders. Our primary…

TDI Infratech, DC Group to invest ₹750 crore in Ludhiana project

NEW DELHI: Realty company TDI Infratech announced a partnership with DC Group to develop a 150-acre township in Ludhiana, with an investment of ₹750 crore. The upcoming township will feature luxury housing, residential plots, and low-rise independent floors, catering to both end-users and long-term investors. The total developable area will exceed 6 million square feet. As per their statement, “TDI Infratech, in collaboration with DC Group, has announced its venture into Ludhiana through the establishment of an integrated township spanning approximately 150 acres.” Akshay Taneja, Managing Director of TDI Infratech, emphasized that Ludhiana stands out as a high-potential market with…