Hiranandani Palace Gardens is fast becoming one of the strongest brands in Indian real estate and with good reason.
In2Perspective have been following the progress of Hiranandani closely. We are all extremely impressed with the quality of the projects and construction as well as the first class customer service and reliability of the company.
Hiranandani Palace Gardens Chennai is a vibrant new township in suburban Chennai offering a unique mix of homes, offices, schools, health care facilities, parks, shops and entertainment. Palace Gardens is strategically located along the business corridor southwest of Chennai near Thriveni Nagar, Vadakapattu. It's a new-generation "live-work-play" development inspired by the best traditions in city planning from across India.
Spread over 500 acres with dedicated 250 acres for residential development, 100 acres for amenities and 150 acres for SEZ and IT parks. This development promises to be Hiranandani Gardens of Chennai. With 23 towers of G+3 and G+15 the development will be a self-contained township. Wide, tree-lined streets and a carefully planned network of trails and open green spaces link you to every modern amenity.
With comfortable neighborhoods and easily accessible community spaces, you can work, dine, shop and enjoy life in a natural, healthy environment. Palace Gardens is a true community that artfully blends contemporary culture and nature.
Niranjan Hiranandani, Chairman of Hirco, recently commented how pleased he is with the market’s response to Hiranandani Palace Gardens, "as demand continues to be strong. We believe these sales results underline the strength of the Hiranandani brand and the strong quality of our product and high standard of living provided by our mixed-use townships.”
Background on the developer
Hiranandani Palace Gardens projects are owned by Hirco. Hirco was formed in 2006 to co-invest in large scale mixed-use township developments in suburban areas outside city centres in India. These townships will be predominately residential and provide high quality affordable housing for India's growing young and affluent working population.
At the time of its admission to trading, Hirco was the largest ever real estate investment company IPO on AIM and the largest AIM IPO in 2006. To date, Hirco has invested approximately £254 million, which represents 70% of the net funds raised at the time of the IPO.
Hiranandani Palace Gardens: April '08 Update : In2perspective
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