Mumbai, Jun 9 (PTI) Real estate company Hiranandani Communities is expecting a Rs 1,100 crore revenue from its new housing project in the Mumbai Metropolitan Region (MMR).

The company has launched the first phase of its new housing project 'The Arena', comprising around 600 units.

Also Read | Bodoland Lottery Result Today, June 09, 2025: Assam State Lottery Sambad Monday Lucky Draw Results Declared, Check Winners List With Ticket Numbers.

It expects a topline revenue exceeding Rs 1,100 crore in its first phase, Hiranandani Communities said in a statement on Monday.

This project is part of its 588-acre township Hiranandani Fortune City, Panvel.

Also Read | Kolkata Fatafat Result Today: Kolkata FF Result for June 09, 2025 Declared, Check Winning Numbers and Result Chart of Satta Matka-Type Lottery Game.

Niranjan Hiranandani, Chairman of Hiranandani Communities, said, "Panvel's growth potential is further fuelled by rising per capita income, expanding employment opportunities, and the migration of talent seeking holistic residential solutions."

The township has delivered 2,200-plus apartments with high occupancy towers and 3,000-plus happy customers.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)