When Dr. Niranjan Hiranandani and Surendra Hiranandani started building in 1978, the idea of a self-sustaining township — with schools, hospitals, retail, offices, and residences woven into a single master plan — was not how Indian real estate thought. Their first proof of that model was Hiranandani Gardens, Powai, launched in the 1990s, which became India's first integrated township with modern infrastructure, mixed-use spaces, and lush landscapes. Their second was Hiranandani Estate Thane — at 375 acres, one of the largest integrated townships in the Mumbai Metropolitan Region.
Hiranandani Fortune City Panvel is the most ambitious land bank play in the group's portfolio — a township being developed on a scale that dwarfs even Thane, intended as a mixed-use integrated community that mirrors what Powai did for central Mumbai but serves the rapidly expanding Navi Mumbai and Panvel corridor instead. The address is Survey No. 30, Bhokarpada Village, Taluka Panvel, District Raigad — on NH-4 just off the old Mumbai-Pune Highway.
To date, over 2,200 residences and retail units have been offered for possession. The delivered phases include Forest Enclave and Garden Enclave, with over 1,200 apartments handed over in Forest Enclave and over 1,100 in Garden Enclave. These are not isolated towers — they sit within a functioning township that Hiranandani has been building out since the project's registration.
The township's internal institutions are operational. Hiranandani Trust School, located within the property, has been awarded the best pre-school of Navi Mumbai for Academic Year 2022-2023 and today hosts nearly 150 students from Pre-Primary through Grade VII. Yotta Data Centre, at the Fortune City Business Park, is fully operational and has been awarded the highest Tier IV certification in the industry. The township is designed as a mixed-use space, and is home to well-planned residences, retail stores, and office spaces at Hiranandani Business Park.
Amenities within the township include a Gymnasium, Kids' Play Area, Creche, Coffee Lounge, Yoga Studio, Spa and Salon, Party Hall, and an OPD Clinic run by Apollo Clinic. Water and electricity are managed by TUCO, with an in-township power sub-station, and MGL connection and sub-station are present within the township.
Hiranandani Fortune City now unveils its newest residential sector, The Arena — not just a residential cluster but a curated world of sports, leisure, and lifestyle amenities, spread across 10.19 acres. This master-planned enclave offers sports-themed 2, 3, and 4 BHK homes surrounded by 80% open spaces and a 5.3-acre landscaped amenity zone.
At The Arena, sports and recreation are at the heart of everyday life with 10+ court-based sport amenities including a Pickleball Court, Basketball Court, Volleyball Court, Cricket Field, Padelball Court, and Lawn Tennis Court. Indoors, the experience continues with a Boxing Ring, Bowling Alley, E-Sports Room, Mini Theatre, CrossFit Gym, and Games Room — all designed to fuel the spirit of play across age groups.
The Arena includes a 90,000 sq. ft. Club Royale offering amenities like boxing, archery, and bowling. Over 80% of the space is dedicated to open areas, with a sprawling 5.3-acre Landscape Amenity zone alongside a seasonal river.
The Arena's towers registered under MahaRERA include Atheletica (PR1270002501610), Pavilion (PR1270002501589), Grandstand (PR1270002501603), Citadel (P52000080155), Arcadia (P52000080195), and Greenfield (P52000080098).
As Mumbai enters its next phase of evolution — termed Mumbai 3.0 — connectivity and infrastructure are redefining the real estate landscape, with Hiranandani Fortune City at the heart of this transformation. The site sits in a corridor where several large-scale public infrastructure projects are converging simultaneously.
Key developments include the Mumbai Trans Harbour Link (MTHL), connecting South Mumbai to Navi Mumbai in under 20 minutes; the Navi Mumbai International Airport, expected to be operational soon; and multimodal freight corridors enhancing logistics. The property is strategically located off the Mumbai-Pune Expressway, giving quick access to two of the largest metropolises in India.
These flats are located in Panvel at a high-growth zone, with civic-infrastructure investments of over Rs. 66,000 crores planned or ongoing, boosting connectivity and eventually increasing values. The upcoming infrastructure developments are projected to propel property values in the Panvel-Karjat corridor by an estimated 20–30% over the next 3–5 years.
The Yotta Data Centre at Fortune City Business Park operates at Tier IV certification — the highest industry rating — and the township sits approximately five minutes from one of the world's largest data centres, and where tech infrastructure grows, jobs follow — and so does demand.
Hiranandani Group has a legacy of over four decades in the real estate industry and is known for its innovative approach to urban planning, sustainable development, and creating integrated townships that offer a modern and holistic living experience. At Fortune City, that approach is visible in the physical fabric of what already exists: a functioning school, an Apollo-run OPD clinic, a Tier IV data centre, retail streets, and an internal bus shuttle service — infrastructure that most township developers promise and few deliver before significant sales have occurred.
The township also focuses on sustainability and features green spaces, rainwater harvesting, waste management systems, and energy-efficient technologies. Hiranandani Panvel includes over 100 acres of open green space alongside 25 acres of neighboring reserve forest, with views of the Barwai River and hills, and the community has conserved a 200-year-old Shiva temple on its grounds.
The project has already delivered several residential phases, with thousands of apartments handed over; Hiranandani Business Park within the same campus brings commercial employment closer to residents in a way that genuinely reduces commute dependency. The pattern repeats what Powai and Thane demonstrated — the brand has a legacy of over 40 years, and wherever they have gone, cities have followed.
Beyond the township's internal institutions, the surrounding Panvel area has established social infrastructure that complements what Hiranandani has built within the gates. Panvel has a station on the Harbour Line connecting to CST Mumbai; reputed schools including DAV, St. Joseph, and Pillai Academy are nearby; and hospitals such as Sparsh, Lifeline, and Panacea serve the locale. National Highway 48 is approximately 200 metres from the project, and Reliance Foundation School is around 2.8 km away.