House of Hiranandani Acquires Andheri Land, Plans Rs500 Cr Commercial Tower

House of Hiranandani has announced the acquisition of a one-acre land parcel in Andheri East, Mumbai, marking a strategic expansion of its commercial real estate footprint. The developer plans to invest Rs500 crore to build a premium office tower with a leasable area of approximately 4 lakh sq. ft.

Construction is expected to begin within the next three to six months, pending regulatory approvals. The new development will benefit from Andheri East’s proximity to Mumbai airport and metro connectivity, positioning it as a high-demand corridor for corporate occupiers.

Surendra Hiranandani, Chairman, House of Hiranandani, said, “This investment aligns with our broader strategy to deepen our commercial presence in Mumbai. Andheri East offers strong infrastructure and leasing potential, and we expect enduring long-term value from this project.”

The company already operates landmark commercial properties in Andheri, including Lightbridge, Lighthall, and Fulcrum, with tenants such as Crisil, Skechers, WeWork, and Marriott Hotels. In Thane, its commercial portfolio includes marquee occupiers like TCS, IDFC Bank, ICICI Bank, and BNP Paribas.

With a total commercial portfolio of 8.5 million sq. ft., House of Hiranandani continues to reinforce its position as a leading developer of high-quality office spaces across Mumbai’s key business districts.