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.
Also Read:-GST on Cement Slashed from 28% to 18%: A Big Boost for Real Estate and Affordable Housing
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.
Also Read:-Upcoming Expressways in India in 2025
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.
Also Read:-Adani Realty to Launch ₹10,000 Cr Mega Township Near Navi Mumbai Airport
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.
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.
Also Read:-GST on Cement Slashed from 28% to 18%: A Big Boost for Real Estate and Affordable Housing
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.
Also Read:-Upcoming Expressways in India in 2025
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.
Also Read:-Adani Realty to Launch ₹10,000 Cr Mega Township Near Navi Mumbai Airport
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.
