Construction Industry News
Leveraging its recent record performance, Hero Realty (HRPL) has entered into a new landmark joint venture (JV) project with Saheb Enterprise, to develop a premium multi-storey complex on about 10 acres of land in Sector 104, Gurugram. With this, Hero Realty is targeting additional revenue of Rs 1,500 crore for the current fiscal year.
Spread over approximately 10 acres of prime land on the fast-growing Dwarka Expressway in Sector 104, Hero Homes Gurugram offers residential apartments. With the addition of this new plot, the project land of Hero Realty and Saheb Enterprise will increase to 11 hectares. The location is strategically located with easy access to National Highway 48 and Northern Peripheral Highway and the Dwarka Expressway which will soon be fully operational.
Dr. Dharmesh Shah, CEO, Hero Realty, said, “This project also aligns with our vision of creating transformative real estate projects that redefine industry norms. “This project will further strengthen our continued sales growth in the current fiscal year and lay the foundation for a significant increase in our market share and sales.”
Digvijay Singh (CFA) and Lavanya Singh Dinodia, promoters, Saheb Enterprise, said, “The overwhelming response from homebuyers reflects their confidence in our combined capabilities. We believe this company will provide consumers with best-in-class real estate in the Delhi NCR region.”
Hero Realty has done iconic projects in Gurugram, Ludhiana, Mohali and Haridwar.
