Hero Realty, backed by Sunil Kant Munjal’s Hero Enterprise, is all set to transform Gurugram’s residential landscape with a massive investment of ₹3,078 crore.
The project will be located in Sector 104, Gurugram, along the rapidly developing Dwarka Expressway, making it one of the largest luxury residential developments in the region.
Key Highlights of the Project
| Feature | Details |
|---|---|
| Investment Amount | ₹3,078 crore |
| Location | Sector 104, Dwarka Expressway, Gurugram |
| Developer | Hero Realty and Saheb Enterprise (Joint Venture) |
| Project Area | 11 acres |
| Total Residential Space | Approx. 3 million sq ft |
| Past Delivery | 6 million sq ft delivered; 5 million sq ft under development |
About the Hero Realty and Saheb Enterprise JV
- Second Joint Venture between Hero Realty and Saheb Enterprise.
- First JV developed over 2 million sq ft with a target revenue of ₹2,000 crore.
- This latest project further strengthens their partnership, resulting in a combined project area of 11 acres.
- Focused on delivering premium residential complexes that cater to evolving urban lifestyles.
Strategic Location: Sector 104, Gurugram
- Situated on the Dwarka Expressway corridor, one of NCR’s fastest-growing investment zones.
- Offers seamless connectivity to IGI Airport, Gurugram city center, and New Delhi.
- Proximity to upcoming social infrastructure, shopping hubs, and business districts enhances the project’s value.
- Sector 104 is seeing rising interest from both homebuyers and investors.
Hero Realty’s Vision for Growth
“Hero Realty is entering a transformative phase, with a focus on purposeful expansion and long-term impact. We aim to build communities that reflect evolving lifestyles, offer elevated living experiences, and stand the test of time,” said Rohit Kishore, CEO, Hero Realty.
- Hero Realty already boasts successful projects in Gurugram, Ludhiana, Mohali, and Haridwar.
- Future expansion plans include scaling operations in Mohali and Ludhiana, tapping into key growth corridors in North India.
FAQs About Hero Realty’s New Gurgaon Project
Q1. Where is Hero Realty’s new project located?
A: The new luxury project is located in Sector 104, Gurugram, along the Dwarka Expressway.
Q2. What is the investment amount for the project?
A: Hero Realty will invest ₹3,078 crore in the development.
Q3. What is the total area of the new project?
A: The project covers 11 acres, offering around 3 million sq ft of premium residential space.
Q4. Who are Hero Realty’s partners for this project?
A: Hero Realty has formed a joint venture with Saheb Enterprise for this development.
Q5. Why is Sector 104 considered a good investment location?
A: With its proximity to Dwarka Expressway, IGI Airport, and major business hubs, plus ongoing infrastructure upgrades, Sector 104 is rapidly becoming a hotspot for premium residential investments.