Hiranandani Communities Launches New Luxury Residential Sector In Mumbai’s

Hiranandani Communities Launches New Luxury Residential Sector In Mumbai’s Booming Panvel Realty Market

Hiranandani Communities, a leading real estate developer, has announced the launch of a new residential sector in its Hiranandani Fortune City township located in Panvel, Mumbai. The company aims to capture the strong demand for branded luxury homes post-COVID and expects this new sector to attract a diverse range of homebuyers, including businessmen, salaried professionals, NRIs, and millennials. The Panvel realty market is currently booming due to the commissioning of mega infrastructure projects and the increase in property prices. The location’s renewed connectivity with Mumbai has led to suburbanisation, commercial development, and urban migration. The Hiranandani Fortune City township is strategically located in close proximity to the Mohape and Chowk railway stations and is expected to benefit from the completion of the Panvel-Karjat rail corridor. The development is part of Mumbai NXT, a region that offers the dual advantages of the JNPT seaport and Navi Mumbai international airport, along with other infrastructure projects. The Maharashtra government has also earmarked a significant portion of its expenditure budget towards road and bridge projects, public transport, and other infrastructure development works in MMR. Hiranandani Group is one of India’s most trusted real estate brands and is known for delivering quality residences and a holistic ecosystem.