Hiranandani Group invests Rs 1,000 crore to develop commercial space in Thane

NEW DELHI: Hiranandani Group has invested nearly Rs 1,000 crore to develop 2.6 million sq ft commercial real estate space in Hiranandani Estate township spanned across 350 acres on Ghodbunder Road, Thane, the company said in a media release.

While Quantum tower spread across 0.6 million sq ft is ready to be leased out, Centaurus tower spread across 2 million sq ft will be ready by December 2022.

The company claims that both the commercial towers will offer ‘walk to work’ lifestyle.

“The consequential benefit of office spaces moving closer to employee homes will lead to carbon neutrality, enhanced productivity and increased employee retainability: tuning in perfectly to the long-term sustainable business goals,” said Niranjan Hiranandani, founder & MD, Hiranandani Group.