Mumbai-based real estate major Hiranandani Group has announced its foray into technology-led consumer services with its new venture ‘Tez Platforms’, which is set to launch this year, at an initial outlay of about Rs 1,000 crore.

Realty major Hiranandani Group and US-based private equity firm Blackstone Group’s joint venture, GreenBase, is planning to invest over 3,000 crore to develop industrial, logistics and warehousing parks across key cities in India.

The goup is investing Rs. 700 crore to develop a 2 million sq ft office building, the Centaurus tower, at Thane near Mumbai as part of its plan to expand its commercial real estate portfolio. The construction is ongoing and will be completed by December 2022.

The project is coming up at Hiranandani Estate in Thane. It is spread over 6.35 acre of land. The project offers 2 towers with G+35 floors, it has 389 units of 2 and 3 BHK apartments. The amenities include Jogging Track, Multipurpose Court, Yoga/Meditation Area, Squash Court, Landscape Garden, Cafeteria, Jacuzzi, Sewage Treatment Plant, etc.

Hiranandani Group launches boutique home project named 'Regent Hill'. The project offers 500 units of semi-furnished 1-BHK homes as part of its phase I, followed by another 500 units under phase II.

Mumbai-based Hiranandani Communities plans to diversify into affordable housing and industrial warehousing parks.

The real estate industry’s business cycle tends to be predictable wherein a low take-off is followed by an increase in price point and a period of higher sales. After a year, which saw crucial regulatory changes, I think the country is witnessing an initial period of an upswing.

When he started his Budget Speech, Finance Minister Arun Jaitley said what has been largely expected that the budget will focus on Agriculture and rural economy.

Plans to develop a 3.27 million sqft IT park on a 20-acre site within Hiranandani Parks, a 350-acre integrated township under development on Oragadam-Singaperumalkoil Road.