In an exciting development, Hero Realty Pvt Ltd (HRPL), a prominent real estate developer in India, has unveiled a promising joint venture with Saheb Enterprise to construct a premium multi-story complex across approximately 4 acres of land in Gurugram’s rapidly advancing 104 Sector. This strategic move is expected to propel Hero Realty towards an additional Rs 1,500 crore in their top-line for the current fiscal year, ultimately setting their sights on a remarkable Rs 5,000 crore top-line within the next couple of years.
Expanding Horizons through Asset Light Strategy
Hero Realty is strategically utilizing its brand strength to facilitate the acquisition of new properties through an asset-light strategy, with a primary focus on key areas such as Gurgaon, Noida, Delhi, and Mohali. The company is gearing up for an impressive launch of approximately 30 to 35 lakh square feet of new development within the next year, reflecting their dedication to delivering quality real estate projects.
Hero Homes Gurugram: A Pinnacle of Residential Excellence
Situated across 4 prime acres along the high-growth Dwarka Expressway in Sector 104, Hero Homes Gurugram offers predominantly premium residential apartments. With the addition of this new land parcel, the joint project between Hero Realty and Saheb Enterprise will span a grand total of 11 acres, firmly establishing itself as one of the largest residential developments in Gurugram and significantly bolstering HRPL’s presence in the National Capital Region (NCR). The location’s strategic advantage lies in its easy access to National Highway 48, Northern Peripheral Road, and the soon-to-be-operational Dwarka Expressway.
Dr. Dharmesh Shah’s Vision for Transformative Real Estate Projects
Dr. Dharmesh Shah, CEO of Hero Realty Pvt Ltd, expressed his enthusiasm regarding this vital project in Gurugram. He believes that the collaboration with Saheb Enterprise will pave the way for a substantial increase in market share over the next several years. This initiative aligns seamlessly with the company’s vision of crafting transformative real estate projects that set new industry standards. Dr. Shah foresees the project as a catalyst for sustained sales growth in the current financial year, laying the foundation for a significant market share and top-line expansion.
On the occasion, Digvijay Singh (CFA) and Lavanya Singh Dinodia, the Promoters of Saheb Enterprise, shared their excitement about partnering with an iconic brand like Hero Realty. They highlighted the overwhelming trust and confidence from homebuyers and emphasized their commitment to offering the best-in-category real estate in the Delhi NCR region.
Gurugram’s 104 Sector continues to emerge as an attractive Investment opportunity, benefiting from its strategic location adjacent to the prestigious Dwarka Expressway, which is on the cusp of becoming fully operational. Hero Realty has already delivered flagship projects in Gurugram, Ludhiana, Mohali, and Haridwar, solidifying their position as a trusted and pioneering force in the real estate industry.