Hiranandani launches Rs 11 billion luxury project in Panvel

10 Jun 2025 CW Team

Hiranandani Communities has launched “The Arena,” a premium residential project within the 588-acre Hiranandani Fortune City township in Panvel. Spread over 10 acre, the Rs 11 billion development will comprise eight towers with more than 1,700 upscale residences. The first phase includes 600 units of 2, 3, and 4 BHK apartments ranging from 730 to 1,900 sq ft.

Prices start at Rs 1.31 crore for 2 BHK homes, while 3 and 4 BHK units are priced from Rs 1.77 crore onwards. Designed to promote an active lifestyle, the project includes a dedicated sports colosseum and luxury amenities.

Dr Niranjan Hiranandani, Chairman, stated, “Panvel’s growth potential is further fuelled by rising per capita income, expanding employment opportunities, and the migration of talent seeking holistic residential solutions.”

With infrastructure upgrades such as MTHL, Navi Mumbai airport, and rail and road connectivity, Panvel is fast becoming a real estate and economic hub. The Arena is positioned to tap into long-term demand and deliver attractive capital appreciation.

Resources

03 Jun 2026

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..