Hero Realty has secured a ₹1,200 crore debt facility from IndusInd Bank to support its expansion plans and residential development pipeline.
Rezonance Consultants facilitated the transaction.
The company said the funding will strengthen its balance sheet and improve capital visibility for ongoing and upcoming housing projects under its Hero Homes brand.
Rohit Kishore, chief executive officer of Hero Realty, said the debt facility marks an important step in the company’s growth plans. He added that continued support from financial institutions reflects confidence in the company’s strategy and asset portfolio.
Hero Realty said it remains focused on scaling operations while expanding its residential offerings across key urban markets.
The company recently launched The Palatial by Hero Homes in Sector 104 on the Dwarka Expressway in Gurugram.
According to the company, the project spans 11 acres and includes 680 residential units along with retail and lifestyle amenities.
Hero Realty has also partnered with Panasonic Electricals to introduce indoor air purification technologies and AI-enabled features within the project.
The company currently operates across Greater Noida and other urban markets through projects that include luxury housing, mixed-use developments, group housing, and plotted communities.
Hardeep Lamba, founder and managing director of Rezonance Consultants, said the transaction highlights lender confidence in Hero Realty’s business fundamentals and governance standards.
The company added that the latest funding will support project execution and expansion across strategic residential locations, particularly in high-growth corridors such as Dwarka Expressway.
Hero Realty said residential demand momentum continues to support development activity across its target markets.
In addition, the company plans to maintain its focus on wellness-oriented living solutions through technology partnerships and integrated residential offerings.
—----------------------
Raising capital? Explore 3,000+ PropTech and ConTech VCs in one place →https://www.proptechbuzz.com/vc
If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.