Hero Realty Announces Joint Venture in Gurugram for Residential Development

Hero Realty Announces Joint Venture in Gurugram for Residential Development

Hero Realty Doubles Down on Gurugram with New Joint Venture Deal in Sector 104, Gurugram. Gurugram’s real estate landscape is set to see further development as Hero Realty announces a second joint venture with Saheb Enterprise. This collaboration signifies Hero Realty’s commitment to the city’s growth.

Key Points:

• Expanding Partnership: This marks the second joint venture between Hero Realty and Saheb Enterprise, following their initial project announced in April 2023.
• Premium Residential Complex: The new venture will develop a premium residential complex in Sector 104, Gurugram, encompassing 800,000 square feet.
• Revenue and Land Area Growth: This project targets a revenue of Rs 1,500 crore and brings the total land area to a significant 11 acres when combined with the previous venture. This positions the project as one of Gurugram’s largest residential developments.
• Strategic Significance: Hero Realty CEO, Dharmesh Shah, highlights the project’s strategic importance in expanding their market share and strengthening their presence in Gurugram’s key micro-markets.
• Continued Growth: This collaboration reinforces Hero Realty and Saheb Enterprise’s commitment to driving robust real estate development in Gurugram and exploring further avenues for expansion.

 

Hero Realty has already delivered flagship projects in Gurugram, Ludhiana, Mohali, and Haridwar. Hero Realty is also looking to expand its presence in Mohali and Ludhiana where it is already working.

 

 

 

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