Highway Infrastructure Limited Unveils 'Neww York City Phase-4' Project in Indore

Highway Infrastructure Limited (HIL) has announced the launch of its latest residential real estate project, 'Neww York City Phase-4', in Indore, Madhya Pradesh. The company made the official announcement on August 28, 2025, marking a significant expansion of its real estate portfolio in the region.

Project Details

The new development, spanning approximately 174,582.40 sq.ft., is strategically located opposite SAGE University on Rau-Bypass, Indore. HIL has secured the necessary approvals for the project, including the RERA registration number P-IND-25-5864, ensuring compliance with regulatory standards.

Market Focus and Location

'Neww York City Phase-4' is primarily targeted at the domestic market, catering to the growing demand for residential properties in Indore. The choice of location, opposite SAGE University, suggests a focus on accessibility and potential appeal to students, faculty, and families looking for housing near educational institutions.

Corporate Disclosure

In line with regulatory requirements, Highway Infrastructure Limited disclosed the project launch through a formal announcement to the stock exchanges. The company made the disclosure in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Overview

Highway Infrastructure Limited, with its registered office in Indore, continues to strengthen its presence in the real estate sector. The launch of 'Neww York City Phase-4' demonstrates the company's ongoing commitment to expanding its residential project portfolio and capitalizing on the real estate opportunities in Madhya Pradesh.

As the real estate market in Tier 2 cities like Indore continues to evolve, projects such as 'Neww York City Phase-4' may play a crucial role in meeting the rising housing demands and contributing to urban development in the region.