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Hero Group to Develop Property in Gurgaon
| October 10, 2007 |  (Be the first to rate this story!) Loading ... |
Hero Group, a prominent name in automobile industry, is considering making a foray into Indian property market.
The Group has around 10 acres of land in Gurgaon, which it is planning to convert into a commercial property, informs Naveen Munjal, CEO, Hero Exports, the trading arm of the group.
Hero Group is holding discussions with well established builders in Delhi to develop the property and the details of the companies’ real estate plan are to be completed.
The company’s shares closed at Rs 17.85, or 2.46% at Rs 744.15. The volume of shares traded at the BSE was 32,248.
News Published Under: Real Estate Developers |
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