House of Hiranandani strengthens its commercial portfolio with acquisition of new land parcel in Andheri East and commits Rs 500 crore for its development

Mumbai, October 17, 2025:  Real estate developer House of Hiranandani has expanded its commercial portfolio with the acquisition of a one-acre land parcel in Andheri East, Mumbai. The company plans to invest approximately ₹500 crore to develop a premium commercial tower, marking its latest push in the city’s thriving office market.

The upcoming project will offer a total leasable area of around 4 lakh sq. ft., with construction expected to begin in the next three to six months, subject to regulatory approvals.

Surendra Hiranandani, Chairman, House of Hiranandani, said, “This investment is part of the company’s broader plan to strengthen its commercial footprint across Mumbai. Andheri East is strategically located in close proximity to the Mumbai airport and offers seamless metro connectivity, positioning it as a prime growth corridor. We expect strong leasing traction and enduring long-term value from this development.”

House of Hiranandani already has a significant presence in Andheri with landmark office spaces such as Lightbridge, Lighthall and Fulcrum. Its existing occupiers in these towers are Crisil, Skechers, WeWork, and Marriott Hotels among others. It also has a strong presence in the commercial space segment in Thane. Tata Consultancy Services, IDFC Bank, ICICI Bank, BNP Paribas are some of the marquee occupiers in Hiranandani Estate, Thane. The current total commercial portfolio of the brand is 8.5 mn sq.ft.

Corporate Comm India (CCI Newswire)