Niranjan Hiranandani

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Niranjan Hiranandani
Born (1950-03-08) 8 March 1950 (age 68)
Mumbai, India
Residence Mumbai, India
Education Campion School, Mumbai
Alma mater Sydenham College
Net worth $1.23 billion (February 2018)[1]
Spouse(s) Kamal Hiranandani
Children 2
Parent(s) Lakhumal Hiranand Hiranandani
Relatives Surendra Hiranandani (brother)

Niranjan Hiranandani (born 8 March 1950) is an Indian billionaire entrepreneur, co-founder and managing director of Hiranandani Group, engaged in real estate business. He is ranked by Forbes among the 100 richest Indians.[1] In 2017, he was one of the top 10 Indian real estate tycoons according to the Grohe Hurun report.[2] Along with members of his family, Hiranandani controls the privately-owned Hiranandani Group.

Early life & education[edit]

Hiranandani was born in Mumbai. His father was Lakhumal Hiranand Hiranandani, an ENT surgeon and a recipient of the Government of India's Padma Bhushan award.[3][4] Hiranandani's elder brother is named Navin,[5] and his younger brother is Surenda.[6] Hiranandani finished schooling from Campion School, Mumbai and has a bachelor's degree in commerce from Sydenham College in Mumbai.[7] He is a chartered accountant of the Institute of Chartered Accountants of India.[8]

Career[edit]

Hiranandani's first job was as an accounting teacher.[9]

In 1981 he started his first business, a textile weaving unit in Kandivali, Mumbai.[10][11]

Along with his brother Surendra, he bought 250 acres land in Powai, Mumbai in 1985 and started a real estate business under the name Hiranandani Gardens.[12] Hiranandani Constructions is working on revamping and launching two townships that the developer acquired through a court auction for nearly Rs 1,000 crore.[13] Hiranandani Estate is a township built in Thane, a part of the Mumbai Metropolitan Area in Maharashtra.[14] Hiranandani Hospital was started in Powai in 2006 and Thane in 2011.[15]

Associations[edit]

Hiranandani is on board of 17 schools, including the Hiranandani Foundation School in Powai and Thane.[16] Hiranandani is the past president of the Maharashtra Chambers of Housing Industry;[17] Chairman of Mumbai City, Development and Environment Committee of the Indian Merchants Chambers (I.M.C.) Mumbai,[18] Member of the task force of the Government of India for reforms in housing and urban development[19] 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).[20] Hiranandani is the chairperson on the Priyadarshni Academy which facilitates for social and cultural work.[21] He is on Board of Trustees – Nathdwara Temple Board, Nathdwara (Rajasthan), Babulnath temple, Jhulelal temple.[22] 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.[23] He is also the former Chairman of Advisory Council of Confederation of Real Estate Developers’ Association of India (CREDAI).[24] He is also a part of the Hon. Board of Advisors of IIMUN. [25]

Personal life[edit]

Niranjan is married to Kamal Hiranandani[26] and has two children: a daughter, Priya, and a son, Darshan.[27] Priya is married to Cyrus Vandrevala,[28] a London-based businessman.[29] Darshan is married to Neha Jhalani, daughter of Delhi-based businessman Pradeep Jhalani and his wife Pinku Jhalani.[30][31]

See also[edit]

References[edit]

  1. ^ a b "Forbes profile: Niranjan Hiranandani". Forbes. Retrieved 6 February 2018. 
  2. ^ "Who are India's richest property tycoons?". Black Book. 9 October 2017. Retrieved 30 November 2017. 
  3. ^ "Renowned ENT surgeon Dr L H Hiranandani dies". Mumbai Mirror. 6 September 2013. Retrieved 28 March 2016. 
  4. ^ "Bio - Lakhumal Hiranand Hiranandani". In.com. Archived from the original on 7 April 2016. Retrieved 28 March 2016. 
  5. ^ "Death in tycoon family". The Telegraph (Calcutta). 8 July 2006. Retrieved 28 March 2016. 
  6. ^ "Surendra Hiranandani". Forbes. Retrieved 28 March 2016. 
  7. ^ Ved, Yash. "Leader Speak". India Infoline. Retrieved 28 March 2016. 
  8. ^ "' YOU HAVE TO BE WORLD- CLASS '". The Free Press Journal. 10 July 2013. Retrieved 28 March 2016. 
  9. ^ Shah, Mitali (24 March 2010). "Boom time for affordable housing". Construction Week. Retrieved 28 March 2016. 
  10. ^ "Niranjan Hiranandani Managing Director, Hiranandani Group". NBMCW. October 2012. Retrieved 28 March 2016. 
  11. ^ "Niranjan Hiranandani : Managing Director Hiranandani Group Of Companies". The Reality Paper. Retrieved 9 March 2015. 
  12. ^ [http:/siness.com/article_v3.aspx?artid=280752 "Row House"] Check |url= value (help). Outlook Business. Retrieved 9 March 2015. 
  13. ^ "Hiranandani Constructions to develop realty project in Ahmedabad". India Infoline. India Infoline News Service. 9 January 2015. Retrieved 28 March 2016. 
  14. ^ Babar, Kailash (4 September 2015). "TCS close to country's 'largest' office space deal". The Economic Times. Retrieved 28 March 2016. 
  15. ^ "Hiranandani Group bags the Top Real Estate Developers Awards by Bloomberg TV". The Free Press Journal. 14 October 2014. Retrieved 28 March 2016. 
  16. ^ Mukherji, Anahita (4 April 2009). "Kids to benefit as IIT coaching classes". The Times of India. Retrieved 28 March 2016. 
  17. ^ Bharucha, Nauzer (17 November 2015). "Prominent city developers move away from MCHI". The Times of India. TNN. Retrieved 28 March 2016. 
  18. ^ "Niranjan Hiranandani". Bloomberg. Retrieved 9 March 2015. 
  19. ^ "Executive Profile - Niranjan Hiranandani". Bloomberg. Retrieved 28 March 2016. 
  20. ^ "Niranjan Hiranandani takes over as President - IMC". India Infoline. India Infoline News Service. Retrieved 28 March 2016. 
  21. ^ "Priyadarshni Academy felicitates Priyanka Chopra". Daily News and Analysis. 20 September 2014. Retrieved 28 March 2016. 
  22. ^ Wajihuddin, Mohammed (25 February 2015). "Sindhis to get a shrine they can call their own in Kutch". The Times of India. Retrieved 28 March 2016. 
  23. ^ "Make India World Leader in Education like in Ancient Times: President". The New Indian Express. IANS. 28 March 2015. Retrieved 28 March 2016. 
  24. ^ "FIPB locks real estate investment for 3 years". The Indian Express. 30 March 2009. Retrieved 28 March 2016. 
  25. ^ "IIMUN". www.iimun.in. Retrieved 6 February 2018. 
  26. ^ "After a point, money becomes meaningless, says Niranjan Hiranandani". DNA India. Retrieved 9 March 2015. 
  27. ^ "In knots over family & legal wrangles". Business and Economy. Retrieved 9 March 2015. 
  28. ^ "Hiranandani real estate heiress fights dad, brother for share of Rs 3,000 cr fortune". The Hindustan Times. Retrieved 9 March 2015. 
  29. ^ "Niranjan Hiranandani files suit in Bombay HC against daughter, seeks Rs 50 cr". The Financial Express. Retrieved 9 March 2015. 
  30. ^ Saxena, Aditi (22 February 2016). "All in a name: The mystery behind the mix-up in the inboxes of Neha Hiranandani & Neha Hiranandani". Retrieved 21 February 2018 – via The Economic Times. 
  31. ^ "High society shakes a leg - Times of India". indiatimes.com. Retrieved 21 February 2018. 

External links[edit]