Hero Group ventures into real estate

01 Dec 2009 CW Staff

Hero group, better known for its motorcycles, is venturing into real estate business, with nearly Rs 200 crore already invested.

The Ludhiana-based group plans to launch over the next two weeks an integrated township in the pilgrim town of Haridwar. The group plans more residential which are expected to be announced over the next couple of years. The integrated township will be developed over an area of 50 acres and will have close to 2000 residential units, with apartments priced between Rs 18 and 20 lakh to Rs 70 lakh. The villas constructed in the project would be priced much higher. The township will have hospitals, schools and shopping complexes, apart from residential apartments.

Contact: Hero Group. Tel: 011-2614 2451. Fax: 011-2614 3321. Website:

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