New Cities India

Commercial Launch

House of Hiranandani to Develop ₹500-Crore Premium Commercial Tower in Andheri East

House of Hiranandani has acquired a one-acre land parcel in Mumbai's Andheri, where it plans to develop a premium commercial tower with an investment of ₹500 crore. The upcoming project will offer a total leasable area of around 4 lakh square feet, with construction expected to begin within the next three to six months, subject to regulatory approvals.

Realty News — House of Hiranandani to Develop ₹500-Crore Premium Commercial Tower in Andheri East
DeveloperHouse of Hiranandani
LocationAndheri East, Mumbai
Land Area1 acre
Leasable Area4 lakh sq ft (approximately 400,000 sq ft)
Total Investment₹500 crore
Product TypePremium grade-A commercial office tower
Expected PossessionDecember 2028
RERA StatusNot yet registered; ID to be announced
Construction TimelineWithin 3–6 months from October 2025, subject to approvals

Project Overview

The company has acquired a one-acre land parcel in the area, and the upcoming development is expected to offer around 400,000 sq ft of leasable space, catering to the rising demand for high-quality office infrastructure in the Mumbai metropolitan region. The building is being planned as a premium workspace, designed to attract multinational corporations, IT firms, and other high-end commercial tenants.

Location & Connectivity

The project is strategically located in Andheri East, a key commercial corridor with excellent connectivity to the Chhatrapati Shivaji Maharaj International Airport and seamless metro access. Andheri East is strategically located near the Mumbai airport and offers seamless metro connectivity, positioning it as a prime growth corridor.

Developer Presence in Andheri

House of Hiranandani already has an established presence in Andheri through office developments such as Lightbridge, Lighthall, and Fulcrum. These properties house prominent occupiers including Crisil, Skechers, WeWork, and Marriott Hotels. The company also has a presence in the commercial space segment in Thane, and its total commercial portfolio spans 8.5 million sq ft.

Market Context

Known for its good connectivity, diverse opportunities, and stellar infrastructure, Andheri East is a vibrant locality in the western part of Mumbai. The neighbourhood is a residential and commercial hub that attracts many young professionals and families. Andheri East boasts an abundance of quality infrastructure, excellent hospitals, schools, restaurants, and entertainment areas.

Pricing & Availability

Exact pricing will be announced closer to the official launch. According to Magicbricks, average sale prices for commercial office spaces in Andheri West hovered around ₹28,913 per sq ft in the third quarter of calendar year 2025 (Q3 2025), compared with ₹25,705 per sq ft in Q3 2024. Retail and office space configurations will be made available on request once the project formally launches.

Frequently asked questions

What is the total area and investment for this project?

House of Hiranandani has acquired a one-acre land parcel in Mumbai's Andheri, where it plans to develop a premium commercial tower with an investment of ₹500 crore.

When will construction begin?

Construction of the tower is expected to begin within the next three to six months, subject to regulatory approvals.

When is the expected possession date?

The House of Hiranandani Andheri East project is currently in the upcoming stage, with possession expected by December 2028.

Has the project been RERA registered?

The RERA ID is to be announced soon.

What type of tenants is this project targeting?

The building is being planned as a premium workspace, designed to attract multinational corporations, IT firms, and other high-end commercial tenants.

Does Hiranandani have other projects in Andheri?

House of Hiranandani already has a presence in Andheri through office developments such as Lightbridge, Lighthall, and Fulcrum.

What is the connectivity from the site?

The project is strategically located in Andheri East, a key commercial corridor with excellent connectivity to the Chhatrapati Shivaji Maharaj International Airport and seamless metro access.

Sources

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