Tag: Hero Realty

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Developers Embrace Integrated Living as Homebuyers Seek Convenience

Representative image NEW DELHI: Luxury home developers are increasingly integrating high-street retail into residential projects as buyers seek convenience and lifestyle amenities in their living spaces. Builders such as DLF, Hero Realty, M3M, Tribeca, and Central Park are incorporating boutique retail ventures into their developments. According to a JLL study, mixed-use townships account for 35% of residential absorption in major cities by creating a blend of living, retail, office, and entertainment spaces. “Walkable, high-street retail has become an emblem of modern living in Gurugram, but such integrated urban experiences have been rare in New Delhi. Our upcoming high-street retail project…

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HDFC Capital, Hero Realty Launch ₹1,000 Crore Housing Fund

Representative AI image NEW DELHI: HDFC Capital Advisors, the private equity arm of HDFC Group, has launched a ₹1,000 crore platform in collaboration with Hero Realty, the real estate division of Hero Enterprise, aimed at developing housing projects in tier-I and tier-II cities across India. Currently, Hero Realty is working on five projects with a total potential of 6.4 million sq ft, along with an additional eight million sq ft in five projects planned for the future. Vipul Roongta, MD & CEO of HDFC Capital, stated, “This partnership will facilitate housing development in well-connected towns that serve as extensions of…

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Hero Realty Acquires 8.71 Acres in Mohali for ₹262.75 Crore

Representative image created by AI Hero Realty, through its subsidiary Vikas Parks Pvt. Ltd., has acquired a prime 8.71-acre land parcel in Sector 99, Mohali, through an auction held by the Greater Mohali Area Development Authority (GMADA) for ₹262.75 crore, according to sources familiar with the matter. The company plans to develop a residential project. “Mohali has always been a strategically important market for us. We continue to explore new collaborations to further enhance our presence in northern Indian cities,” stated Rohit Kishore, CEO of Hero Realty. Hero Realty has already established a footprint in Mohali with its Hero Homes…