Hiranandani Announces INR 1,000 Crore Investment in Panvel for Premium Housing Project

Rutuja Kedare Apr 13, 2023 0

Hiranandani Group plans to invest INR 1,000 crore for the development of a premium residential project consisting of three towers at Panvel. 

The project, set in the mixed-use integrated township of Hiranandani Fortune City, is scheduled for launch this week and is expected to be completed within three years. The company will finance the project through a combination of construction financing and internal accruals, aiming to tap into the increasing demand for luxury homes in the Panvel realty market.

The project, registered under RERA as ‘Golden Willow’, will span across 1 Million SqFt of residential space and will offer 1-, 2-, and 3-BHK flats with apartment sizes ranging from 490 SqFt to 1,150 SqFt of RERA carpet area. The new sector will feature a wide range of recreational and leisure amenities to cater to the preferences of homebuyers seeking holistic and wellness-infused living experiences.

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Disclaimer: The information contained herein has been compiled or arrived at, based upon information obtained in good faith from sources believed to be reliable. All such information and opinions can be subject to change. The image featured in this article is for representation purposes only and does not in any way represent the project. If you wish the article to be removed or edited, please email editor@biltrax.com.


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