Hero Realty Secures ₹262.75 Cr Land in Mohali for Luxury Housing Project
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By L. Sadriwala
- September 22, 2025
Mohali, Punjab: Hero Realty Group has made a major expansion move by acquiring an 8.71-acre land parcel in Sector 99, Mohali, for ₹262.75 crore. The land was secured through a competitive auction organized by the Greater Mohali Area Development Authority (GMADA) under its subsidiary, Vikas Parks Pvt. Ltd.
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Aiming for a Landmark Luxury Residential Project
The newly acquired land is earmarked for a high-end residential development under the Hero Homes brand. Surrounded by strong retail infrastructure, the site boasts excellent connectivity to Chandigarh, educational institutions in Mohali, and upcoming expressway networks.
“Mohali has always been a strategically important market for us. This acquisition enables us to build a vibrant, modern community that reflects our values of trust, innovation, and execution excellence,” said Rohit Kishore, CEO of Hero Realty.
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Strong Track Record Across India
Hero Realty is already developing more than 5.2 million sq. ft. of residential projects in NCR and Punjab. Beyond housing, it has delivered over 230 acres of industrial parks in Haridwar and developed 6 million sq. ft. of assets nationwide.
Hero Homes’ Established Presence in Mohali
Hero Realty already has a strong footprint in Mohali with its Hero Homes Sector 88 project spread over 18.5 acres.
- Phase 1: 544 units across seven towers delivered.
- Phase 2: 650 units, possessions underway.
- Phase 3: Recently launched, completing the development.
This new land acquisition in Sector 99 will further cement the company’s dominance in Mohali’s luxury housing segment.
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Expanding Footprint in North India
The company isn’t stopping at Mohali. In Ludhiana, additional phases are being added to ongoing projects. Meanwhile, in NCR, Hero Realty recently launched ‘The Palatial’ on Dwarka Expressway, building upon its existing developments in Gurugram and Sonipat.
L. Sadriwala, the Editor-in-Chief at Housiey, is a seasoned writer whose professional journey in content creation began in 2015. With a background rooted in a family of real estate developers, her transition into real estate writing was a natural evolution, bringing together her storytelling expertise and deep industry understanding.
Over the years, she has authored impactful blogs across diverse niches such as food, travel, and lifestyle, before establishing her reputation as a trusted voice in Indian real estate. Today, her work stands out for its clarity, accuracy, and ability to simplify complex property concepts for readers.
At Housiey, every article crafted by L. Sadriwala reflects thorough research, verified facts, and a reader-first approach. From decoding housing policies and trends to offering in-depth builder reviews and project insights, her mission is clear: to empower homebuyers and investors with the knowledge they need to make confident property decisions.
Her writing not only informs but also builds trust, making her one of the most credible editorial voices in the real estate space.
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