HIRANANDANI HOUSE OF HIRANANDANI ANDHERI EAST COMMERCIAL TOWER — New Project Coming Up in Andheri East, Mumbai

Premium Office Development Announced for Andheri East

House of Hiranandani has acquired a one-acre land parcel in Mumbai's Andheri, where it plans to develop a premium commercial tower with an investment of ₹500 crore. The upcoming project will offer a total leasable area of around 4 lakh square feet, with construction expected to begin within the next three to six months, subject to regulatory approvals.

Location and Connectivity

Andheri East is strategically located near the Mumbai airport and offers seamless metro connectivity, positioning it as a prime growth corridor. The building is being planned as a premium workspace, designed to attract multinational corporations, IT firms, and other high-end commercial tenants.

Developer Track Record in Andheri

House of Hiranandani already has a presence in Andheri through office developments such as Lightbridge, Lighthall, and Fulcrum. Existing occupiers in these towers include Crisil, Skechers, WeWork, and Marriott Hotels, among others.

The company also has a presence in the commercial space segment in Thane, and its total commercial portfolio spans 8.5 million sq ft.

About House of Hiranandani

The Mumbai-based House of Hiranandani group, founded by Surendra Hiranandani, has a portfolio across major Indian cities — including Mumbai Metropolitan Region (MMR), Chennai, Bengaluru, and Hyderabad — covering residential, commercial, industrial parks, retail, hospitality, education, and healthcare. So far, the company has developed 50 million sq ft of projects.

Market Context

Average sale prices for commercial office spaces in Andheri West hovered around ₹28,913 per sq ft in the third quarter of calendar year 2025 (Q3 2025), compared with ₹25,705 per sq ft in Q3 2024.