Hiranandani Plans ₹500 Crore Premium Office Tower Development in Andheri East

House of Hiranandani has announced plans to invest approximately ₹500 crore in developing a new premium commercial tower in Mumbai's Andheri East locality, according to reports from October 2025. The development marks a strategic expansion of the company's commercial real estate portfolio in one of the city's most dynamic business districts.

Development Details and Timeline

The real estate developer has reportedly secured a land parcel measuring around one acre in Andheri East for the upcoming project. The proposed commercial tower is designed to offer approximately 4 lakh square feet of leasable office space in Mumbai, targeting Grade-A corporate occupiers seeking modern facilities and superior connectivity.

According to industry sources, construction activities are expected to commence within the next three to six months, subject to obtaining all necessary regulatory approvals and clearances from local authorities.

Strategic Location Advantages

The choice of Andheri East as the development location appears strategically significant given the area's exceptional connectivity infrastructure. The locality benefits from proximity to major transport networks, including the international airport and metro lines, positioning it as a high-demand zone for premium commercial space.

The investment reportedly forms part of House of Hiranandani's broader strategy to strengthen its commercial real estate presence across Mumbai while diversifying beyond its traditional residential development focus. The company already maintains a substantial commercial portfolio spanning the city and suburban areas, with this project representing a natural extension of its existing assets.

Previously, WeWork India expanded its footprint with major office leases in Andheri East, demonstrating the area's growing appeal to commercial tenants.

Market Implications and Industry Impact

For Corporate Tenants

The addition of a new premium office asset in Andheri is expected to expand options for corporate occupiers in what has been characterized as a tight-supply market. Potential tenants seeking modern, well-connected workspace may find the development attractive given the area's infrastructure advantages.

For Investors and Real Estate Developers

Industry observers suggest the move reflects strong confidence in Mumbai's office leasing environment despite broader economic uncertainties. The substantial investment underscores developer optimism about sustained demand for quality commercial space in strategic locations.

For those looking to maximize real estate investment returns, understanding such large-scale commercial developments becomes increasingly important.

For the Locality

Andheri East continues to strengthen its position as an emerging commercial hub extending beyond Mumbai's traditional South-Mumbai business neighborhoods. The area has witnessed increasing attention from both developers and occupiers, with infrastructure improvements and connectivity enhancements driving commercial real estate activity.

Similar infrastructure developments across Mumbai, such as infrastructure projects boosting realty growth on the city's east coast, demonstrate the broader trend of suburban commercial development.

Other developers have also recognized the potential of strategic Mumbai locations, as evidenced by Hiranandani Group's recent township projects in other major cities.