Hiranandani Group to develop 2 million sq ft office at Rs 1,000 cr

14 Jul 2021 CW Team

Real estate major Hiranandani Group will invest more than Rs 1,000 crore for developing a two million sq ft office space at the 350 acre Hiranandani Estate township on Ghodbunder Highway in Thane.

The company has already developed more than 4.1 million sq ft business area in Hiranandani Business Park, together with build-to-suit standalone workplace towers for Tata Consultancy Services (TCS) and Bayer Cropscience.

The developer has accomplished a 0.6 million sq ft, 25 storey workplace tower, Quantum, has acquired occupation certificates from Thane civic body for a similar. The company is currently in superior talks with corporates to lease the separate tower.

MD of Hiranandani Group, Niranjan Hiranandani, said that the robust response in the improvement in the location has inspired the company to invest in adding a 2 million sq ft workplace area. Worth offices near a worthy place in a built-in township are the perfect future of labour in this situation of the Covid-19.

The new business improvement of a standalone 21 storey business tower, Centaurus, spanning around 2 million sq ft, shall be accomplished by December 2022.

Funding is the biggest for any developer for business actual property development in Thane, attracting occupiers from the banking, monetary companies and insurance coverage (BFSI), data and IT companies, prescription drugs, analysis and improvement, transport and world logistics companies.

These business workplaces accord with the new business demand that provides a workplace close to the property. In this pandemic, distant working has garnered traction in the business. To cater for the pattern, the business towers offer a stroll to the work-sphere, harmonising workers wellness and buyer centricity. These are the parameters for new watchwords in business actual property, Niranjan said.

Image Source

Also read: Commercial real estate investments at $1.35 bn in Q1 FY21

Also read: Developers to build housing parks in place of IT parks in Chennai

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real estate major Hiranandani Group will invest more than Rs 1,000 crore for developing a two million sq ft office space at the 350 acre Hiranandani Estate township on Ghodbunder Highway in Thane. The company has already developed more than 4.1 million sq ft business area in Hiranandani Business Park, together with build-to-suit standalone workplace towers for Tata Consultancy Services (TCS) and Bayer Cropscience. The developer has accomplished a 0.6 million sq ft, 25 storey workplace tower, Quantum, has acquired occupation certificates from Thane civic body for a similar. The company is currently in superior talks with corporates to lease the separate tower. MD of Hiranandani Group, Niranjan Hiranandani, said that the robust response in the improvement in the location has inspired the company to invest in adding a 2 million sq ft workplace area. Worth offices near a worthy place in a built-in township are the perfect future of labour in this situation of the Covid-19. The new business improvement of a standalone 21 storey business tower, Centaurus, spanning around 2 million sq ft, shall be accomplished by December 2022. Funding is the biggest for any developer for business actual property development in Thane, attracting occupiers from the banking, monetary companies and insurance coverage (BFSI), data and IT companies, prescription drugs, analysis and improvement, transport and world logistics companies. These business workplaces accord with the new business demand that provides a workplace close to the property. In this pandemic, distant working has garnered traction in the business. To cater for the pattern, the business towers offer a stroll to the work-sphere, harmonising workers wellness and buyer centricity. These are the parameters for new watchwords in business actual property, Niranjan said. Image Source Also read: Commercial real estate investments at $1.35 bn in Q1 FY21 Also read: Developers to build housing parks in place of IT parks in Chennai

Infrastructure Urban

27 Jun 2026

RR Kabel features in Hurun India 500 list

RR Kabel has been featured in the 2025 Burgundy Private Hurun India 500, a list of India’s 500 most valuable companies. The list is compiled by Burgundy Private, Axis Bank’s private banking business, in partnership with Hurun India.The recognition highlights RR Kabel’s sustained growth, market leadership and long-term value creation in India’s consumer electrical sector. The annual list recognises companies that have contributed to India’s economic landscape through scale, performance and business value.The Burgundy Private Hurun India 500 ranks listed companies based on market capit..

Infrastructure Urban

27 Jun 2026

Vedanta ranks among India’s top 100 workplaces

Vedanta Group has been recognised among India’s Top 100 Best Companies to Work For 2026 by Great Place to Work India. The recognition reflects the company’s focus on building a high-trust, high-performance and inclusive workplace across its businesses in natural resources, critical minerals, energy and technology.Over the past five years, Vedanta has enabled nearly Rs 25 billion in employee wealth creation through its broad-based Employee Stock Option programme. The company said the initiative is aimed at encouraging ownership and shared value creation across levels.Vedanta has also built ..

Real Estate

26 Jun 2026

AGM Vijaylaxmi launches Sixty3 W.E. Bizpark

AGM Vijaylaxmi Group has launched Sixty3 W.E. Bizpark, a mixed-use commercial development in Goregaon East, Mumbai. The project includes contemporary office spaces and a high-street retail component designed to support businesses, retailers and professionals.Located along the Western Express Highway, Sixty3 W.E. Bizpark is planned as a G+25-storey commercial tower. It offers office spaces ranging from 545 sq ft to 3,200 sq ft, with a 3.60 metre floor-to-floor height aimed at improving spatial comfort, natural light and operational efficiency.The project features a high-street retail boulevard ..