📷 Image: Wikimedia Commons / Jeff the quiet
Business
Eleva by Hiranandani launches Rs 4.5 bn real‑estate projects in Goa
✍️ Construction World
🗓 18 Sep 2026, 08:16 AM
👁 16
Real‑estate developer Eleva by Hiranandani announced the commencement of projects worth Rs 4.5 billion in Goa, marking its entry into the state’s property market.
Eleva by Hiranandani, a subsidiary of the Hiranandani Group, disclosed plans to invest Rs 4.5 billion in multiple construction projects across Goa. The move expands the developer’s footprint beyond its traditional markets in Mumbai and other metros.
The announced projects include residential complexes and mixed‑use developments slated for locations such as Panaji, Margao and other growth corridors. The company said the investments will create jobs and contribute to Goa’s tourism‑driven economy.
Industry analysts view the entry as a sign of confidence in Goa’s real‑estate demand, driven by rising domestic migration and foreign investment. Eleva’s spokesperson indicated that construction will begin later this year, subject to regulatory clearances.
The Hiranandani Group, known for premium housing, aims to replicate its brand standards in the coastal state, promising amenities such as green spaces and modern infrastructure.
The announced projects include residential complexes and mixed‑use developments slated for locations such as Panaji, Margao and other growth corridors. The company said the investments will create jobs and contribute to Goa’s tourism‑driven economy.
Industry analysts view the entry as a sign of confidence in Goa’s real‑estate demand, driven by rising domestic migration and foreign investment. Eleva’s spokesperson indicated that construction will begin later this year, subject to regulatory clearances.
The Hiranandani Group, known for premium housing, aims to replicate its brand standards in the coastal state, promising amenities such as green spaces and modern infrastructure.