IEP Mohali
Hero Realty Private Limited, the real estate arm of Hero Enterprise, announced today its plan to expand in Himachal Pradesh and Punjab regions. Hero Realty has already built a 3.25 million square feet area across India. In addition, the company has developed 2.76 million square feet of real estate in Punjab and Delhi NCR. Each project is well-appointed with parks and green areas.
Addressing a press conference held at its headquarters in Sector 88, Mohali, Dharmesh Shah, CEO of Hero Realty, said, “We have been market leaders, with more than 50% sales growth, in various categories based on strong group values of trust, care and nurture. We are developing housing solutions that are elegant and modern, yet sustainable, aiming to build a vibrant social community. Hero Realty developed approximately 150 acres of residential townships and 230 acres of industrial parks in Haridwar. It has also developed a 6 million sqft area in Ludhiana, Mohali and Gurugram.”
He further said, “Hero Homes strives always to innovate and offer its clients something fresh since it believes in taking a customer-centric approach to its job. The Indian Green Building Council has accredited Hero Homes’ projects. In order to lessen the adverse effects on the environment, the green building rating combines various sustainable techniques and solutions. Green building design offers an integrated approach that considers the life cycle effects of the resources used. Parks and open areas are thoughtfully included in every project, bringing people closer to the outdoors.”
On the occasion, Mr. Ashish Kaul (CMO, Enterprises) and Mr. Vaibhav Arora (Marketing Manager, Hero Reality Pvt. Ltd.) were present.
Hero Realty projects are built on four pillars- creativity, fitness, sustainability and communities. Its projects are designed and built on the principle of ‘reduce, reuse and recycle’. Hero Homes reflect the right blend of traditional and modern keeping with the ethos of the growing India. As the first real estate company in Delhi NCR to receive CARE’s A+ rating and a stable outlook, Hero Realty is now considered to have excellent credit. Following the significant growth in operations and sales, CARE raised Hero Realty’s credit rating from CARE B stable to CARE A+. Hero Realty has recorded a 50% increase in sales year on year as purchasers took advantage of low finance rates.
