Niranjan Hiranandani, brain behind redefining Mumbai skyline, now to invest Rs 70000000000 in…., not Mumbai, Bengaluru, Noida, Gurugram

The Group has a diversified portfolio with setting up a new business unit for Data Centre (Yotta) and Logistics and Industrial Parks (Green base).

New Delhi: Dr. Niranjan Hiranandani is the founder and chairman of the Hiranandani Group. He is widely recognized for transforming Mumbai’s skyline and is often hailed as the Realty Czar of Indian real estate. Additionally, he has expanded his ventures by establishing a new business vertical, Hiranandani Communities.

The first-generation entrepreneur legend was born in 1950 in the family of Padma Bhushan ENT specialist Dr. L. H. Hiranandani. He is also known as the Man responsible for changing the skyline of Mumbai with the delivery of landmark project “Hiranandani Gardens” Powai. The Hiranandani Group pioneered the concept of developing mixed-used integrated townships model with vibrant community living its reason of existence.

The Group has diversified into Education, Healthcare, Hospitality, Infrastructure, Entertainment and Organised retail. Displaying extraordinary qualities as developer, as also a perfectionist in terms of quality, brilliance and untiring zest for excellence, the group has spread its footprints in the newer markets like Thane, Panvel, Alibaug, Khandala, Chennai, Ahmedabad and Pune to sum up the current developments. The Group has a diversified portfolio, with setting up a new business unit for Data Centre (Yotta) and Logistics and Industrial Parks (Green base).

Dr. Niranjan Hiranandani: Education Qualification

An ingenious scholar from the Campion School Mumbai and a Graduate from Mumbai University. He completed his F.C.A. from the Institute of Charted Accountants of India. He earned the doctorate degree after performing his research on Real Estate.

Hiranandani began his career as a professional in CA institute, followed by a short span of experience in the textile industry.  He stepped into Real Estate industry delivering globally landmark project “Hiranandani Gardens” at Powai, Mumbai.

The journey into luxury real estate began, and there was no turning back. Over time, he steadily reached new heights in policy framing, township development, and more. With extensive experience, he now holds prestigious positions in national organizations such as NAREDCO, ASSOCHAM, and others.

Niranjan Hiranandani – List of key positions

1. Founder & Managing Director – Hiranandani Group of Companies.

2. Founder & Chairman – Hiranandani Communities

3. Chairman– National Real Estate Development Council ( NAREDCO)

4. Trustee – Hiranandani Foundation School at Powai & Thane.

5. Chairman- Dr L.H. Hiranandani Hospital

6. Past President – ASSOCHAM

7. Provost – HSNC University

8. Trustee – HSNC (Board) with 14 colleges and 6 schools.

9. Taskforce Committee in Maharashtra on education NEP 2020

10. Chairman -Mumbai University Advisory Council.

11. Chairman – Priyadarshni Academy- a social-cultural organization, Mumbai.

12. Member – RERA Conciliation Cell formed by Maharashtra Real Estate Regulatory Authority (MahaRERA)

13. Trustee – Babulnath Mandir

Hiranandani Group enters Pune market with Rs 7,000 crore JV project

Hiranandani Group has announced that the company will enter the Pune market with a joint development project. According to the firm said has an estimated revenue potential of ₹7,000 crore.  The total investment for the land asset of 105 acres, is valued at Rs 2,000 crore.

In collaboration with Krisala Developers, the company will develop a 105-acre integrated township in North Hinjewadi, Pune, following a 50:50 revenue-sharing model. The project, undertaken under the integrated township policy, will feature residential, commercial, and retail developments.

As part of the deal, the investment in the first phase of the development is estimated at approximately Rs 500 crore with a projected turnover pegged at approximately Rs 2,100 crore. The first phase spans an area of 30 acres with a minimum potential of delivering 3 million square feet (msf) of real estate spaces.