Archive · 19 Sep 2025
Hero Realty Purchases Mohali Land for ₹260+ Crore Project
Hero Realty, a real estate company, has bought a large piece of land in Mohali, India.
They paid over ₹260 crore for nearly 9 acres of land.
The purchase was made through their entity, Vikas Parks Pvt Ltd, in an auction held by the local government.
Hero Realty plans to build a new real estate project on this land.
This is part of their larger investment in the Mohali market, where they already have other projects in development and have delivered many units.
Hero Realty also has experience developing industrial parks and has built many assets across the country.
Hero Realty acquired 8.71 acres of land in Mohali for over ₹260 crore.
The land is located in Sector 99 and was purchased from GMADA.
The purchase was made via Hero Realty's entity Vikas Parks Pvt Ltd.
The company plans to develop a real estate project on the acquired land.
Hero Realty is also developing projects in Delhi-NCR and Punjab.
- Who
- Hero Realty, through Vikas Parks Pvt Ltd.
- What
- Purchased 8.71 acres of land.
- When
- Published on September 19, 2025.
- Where
- Sector 99, Mohali.
- Why
- To develop a real estate project.
- Buyer
- Hero Realty
- Land Location
- Sector 99, Mohali
- Land Area
- 8.71 acres
- Purchase Price
- ₹262.75 crore
- Seller
- Greater Mohali Area Development Authority (GMADA)
- CEO of Hero Realty
- Rohit Kishore
- Date Published
- September 19, 2025