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Hero Realty pulls Rs 1200 crore debt from IndusInd Bank to supercharge expansion

Business
Published on 8 May 2026
Hero Realty pulls Rs 1200 crore debt from IndusInd Bank to supercharge expansion

A Rs 1000 crore funding platform targets tier 1 and tier 2 cities

Hero Realty has secured Rs 1,200 crore in debt from IndusInd Bank to fund its expansion drive. The firm has also set up a Rs 1,000 crore platform with HDFC Capital Advisors for housing projects across tier-1 and tier-2 cities. Expansion includes the National Capital Region and other states, with development spanning over 6 million square feet.

  • Hero Realty raises Rs 1,200 crore debt from IndusInd Bank
  • A Rs 1,000 crore platform is formed with HDFC Capital Advisors
  • Housing projects will focus on tier 1 and tier 2 cities
  • Development scale: over 6 million square feet across locations
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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