Market Sources, 2009-11-05
by India Research Team
Delhi, India
PRIVATE ENTERPRISES
Hero Group enters real estate with a township project in Haridwar
As reported in Hindustan Times, Hero group has entered the real estate sector. It has already invested approx INR 200 crore. The Ludhiana-based group plans to launch an integrated township in Haridwar in the next two weeks.
According to Kant Munjal, chairman of Hero Corporate Services Ltd, the integrated township at Haridwar will be developed over an area of 50 acres and will have close to 2,000 residential units.
About Colliers International
Colliers International is a global affiliation of independently owned commercial real estate firms. The organization's 11,000 employees span the world in 293 offices in 61 countries. On a worldwide basis, Colliers manages 868 million square feet, and has revenue of over USD 2 billion.
Contact Information
India.Research@colliers.com
 back to top
|