Niranjan Hiranandani
Real Estate

Niranjan Hiranandani Net Worth

Niranjan Hiranandani, an Indian property tycoon, cofounded the Hiranandani Group with his brother Surendra. Together, they own the Powai township in suburban Mumbai, which they built on a former quarry. In a landmark deal, they sold their commercial and retail assets in Powai to Brookfield Asset Management for $1 billion. Through his family office Nidar Group, Hiranandani is investing in energy infrastructure, building natural gas pipelines and two gas storage terminals. He is also planning to open a budget hotel in Dubai, managed by Accor under the Ibis Styles brand.
Niranjan Hiranandani is a member of Real Estate

Age, Biography and Wiki

Birth Day March 08, 1950
Birth Place Mumbai, India, India
Age 73 YEARS OLD
Birth Sign Aries
Residence Mumbai, India
Education Campion School, Mumbai
Alma mater Sydenham College
Spouse(s) Kamal Hiranandani
Children 2
Parent(s) Lakhumal Hiranand Hiranandani
Relatives Surendra Hiranandani (brother)

💰 Net worth: $1.5 Billion (2024)

Niranjan Hiranandani, renowned as a prominent figure in the Indian real estate industry, is projected to have a net worth of $1.5 billion in 2024. With a successful career spanning over several decades, Hiranandani has established himself as a key player in the development and construction sectors. As the co-founder of Hiranandani Group, one of India's leading real estate companies, he has been instrumental in transforming the urban landscape of the country. Through his visionary approach and strategic investments, Hiranandani has not only achieved remarkable financial success but has also contributed significantly to the growth and modernization of India's real estate sector.

2015 $1.1 Billion
2016 $1 Billion
2017 $1.2 Billion
2018 $1.47 Billion

Biography/Timeline

1981

In 1981 he started his first Business, a textile weaving unit in Kandivali, Mumbai.

1985

Along with his brother Surenda, he bought 250 acres land in Powai, Mumbai in 1985 and started a real estate Business under the name Hiranandani Gardens. Hiranandani Constructions is working on revamping and launching two townships that the developer acquired through a court auction for nearly Rs 1,000 crore. Hiranandani Estate is a township built in Thane, a part of the Mumbai Metropolitan Area in Maharashtra. Hiranandani Hospital was started in Powai in 2006 and Thane in 2011.

2013

Hiranandani is on board of 17 schools, including the Hiranandani Foundation School in Powai and Thane. Hiranandani is the past President of the Maharashtra Chambers of Housing Industry; Chairman of Mumbai City, Development and Environment Committee of the Indian Merchants Chambers (I.M.C.) Mumbai, Member of the task force of the Government of India for reforms in housing and urban development and Member of the study group Slum Rehabilitation Scheme, Government of Maharashtra. Hiranandani was the adviser to the government of India on housing and habitat policy and real estate President of the Federation of Indian Chambers of Commerce and Industry (FICCI). Hiranandani is the chairperson on the Priyadarshni Academy which facilitates for social and cultural work. He is on Board of Trustees – Nathdwara Temple Board, Nathdwara (Rajasthan), Babulnath temple, Jhulelal temple. He is the President of the Hyderabad (Sind) National Collegiate Board, which manages 22 educational institutions including secondary and higher secondary schools, polytechnics, and degree and post-graduate colleges. He is also the former Chairman of Advisory Council of Confederation of Real Estate Developers’ Association of India (CREDAI). He is also a part of the Hon. Board of Advisors of IIMUN.

Some Niranjan Hiranandani images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.