Niranjan Hiranandani Managing Director, Hiranandani Group

    Niranjan Hiranandani
    "With sincerity, and commitment to calls with consistent effort one can achieve immense success and great heights," says Mr. Niranjan Hiranandani.

    Born in 1950, Mr. Hiranandani is the Managing Director and founder of the Hiranandani Group of Companies and known for doing miracle in real estate industry. By showing an extraordinary builder quality, brilliance, and untiring zest for excellence, he has changed the skyline of Mumbai.

    With the help of his profound knowledge in business and industrious attitude, he has led the company to scale high and today the Group is considered as a producer of best quality housing and commercial premises in the country. Apart from construction, the group has diversified into education, horticulture, hospitality, entertainment, and retail.

    Completed his schooling from Campion School, Mumbai and graduated with a Bachelor of Commerce Degree (Hons.) with a distinction of standing Second from Mumbai University, Mr. Hiranandani has added to his professional qualification, by doing F.C.A. from the Institute of Chartered Accountants of India.

    He started his career in textiles with a weaving unit at Charkop in Kandivali, and later on foray into real estate business after getting notice from the textiles union demanding 100% increase in wages. Seeing big loss, Mr Hiranandani soon after that decided to shut down the textiles unit.

    Mr Hiranandani reminiscing the past era says, "although that time real estate was considered as dirty industry and people associated with it as corrupt so it was really a big risk to venture in this sector but we didn't lose hope and worked hard and with our consistent efforts, we get first spark of recognition in the construction line with our work in Versova, Andheri in the mid-eighties. Another big break came when we got an opportunity to develop a large township at Powai with modern Infrastructure of concrete roads, regular water supply, recycled sewerage water plant, electric & high tech communication networks as well as top-of-the-line commercial, residential, and educational facilities. Since then, the Hiranandani Group has come a long way to be recognized countrywide for their modern and state-of-the-art mix-user township projects."

    He further said that although we became well known by all but Universal reorganisation in real estate sector came in last 15 years after powai. He thinks that the biggest roadblock of the sector is over regulations this causes not only delay to projects but also take the project cost up.

    Mr Hiranandani, the son of a Padmabhushan honored ENT specialist Dr. L H Hiranandani, is married and has two children -a son and a daughter. He loves to spend his leisure time with his family either by going on long trip or attending social parties together.

    He is actively associated and holds key positions in various government bodies, private and social institutions, schools and colleges. Besides these, he also runs 17 colleges, 2 hospitals, 3 temples etc. He wants to work as long as he can and wishes to see the Hiranandani Group go a long way and recognized countrywide and overseas for its modern and state-of-the-art mix user township and other developmental works. He desires to do lot of new developments and earn many firsts to its credit as for example developing township to such large scale is the brain-child of the group.

    For India's growth story, he is very much optimistic and avers that although currently country's infrastructure and construction sector is passing through the tough phase but it has bright future ahead.

    NBMCW October 2012

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