Hero Realty to launch real estate projects

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Hero Realty will launch real estate projects spanning 4 million square feet this financial year.

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Hero Realty Pvt. Ltd. plans to launch real estate projects with an expected revenue of Rs 3,500 crore in this financial year.

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According to its CEO, Dharmesh Shah,

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The company aims to invest Rs 1,000–1,200 crore, focusing on residential development.

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With an eye on achieving annual sales of Rs 5,000–6,000 crore in the next two years.

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The company is also considering an initial public offering (IPO) in the next 3–4 years.

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Beginning with a project in Gurgaon's Sector 85.

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