Niranjan Hiranandani

  Darshan Hiranandani holds the position of CEO within the esteemed Hiranandani Group, renowned as one of India's leading and most diverse real estate development companies. Alongside this role, he serves as the chairman across various enterprises spanning data centers, energy, semiconductors, and consumer services. He inherits his leadership position as the successor to Niranjan Hiranandani , who co-founded and served as the managing director of the group. Niranjan, listed among Forbes' 100 wealthiest Indians, laid the foundation for the company's success. Darshan Hiranandani, leveraging his strategic vision, played a pivotal role in the group's global expansion and entry into burgeoning industries. All the while, he remains dedicated to upholding the organization's heritage of excellence and innovative practices. Born on October 13, 1981, in Mumbai, Maharashtra, Darshan Hiranandani belongs to a Sindhi Hindu family with ancestral roots tracing back to Karachi

  What Happened? In my understanding, the Covid pandemic quandary has a deep impact on the choices of the homebuyers. The desire to own a better home has risen notches high as home buyers seek more spacious apartments with well embedded amenities and optimal utilitarian value. The demand for spacious homes that can cater to multiple needs in terms of privacy, comfort, hybrid lifestyle & functionality has soared high. Why is it happening? As per Niranjan Hiranandani Further, lets understand the multiple factors at play that propels luxury home sales. The rising affluent homebuyers’ segment, financially stable millennials, dual income partners, availability of disposable income from robust capital market, booming startup investment, better hiring’s, homebuying tax benefits and rising aspiration to live in luxury home that can raise living standards. The supply side factors like improved liquidity, impetus to last mile connecting infrastructure, new business avenues like JV, DM, JDA

  Hiranandani Group MD, while addressing a press conference, declared his son Darshan Hiranandani as the heir to his multi-billion dollar real estate empire Real estate mogul Niranjan Hiranandani recently announced the name of his successor. He named his son Darshan Hiranandani as the one who will take over the multi-billion dollar real estate business. The 36-year-old is currently Hiranandani Group's chief executive officer.  Darshan has a masters degree with a major in entrepreneurship and finance from the Rochester Institute of Technology. “Darshan will be my successor in real estate. He is going to be the second best till I am around,” Niranjan said. The founder and MD of the real estate company was addressing a press conference in Mumbai. Darshan is also in charge of the company’s business in Dubai as well as its energy venture named H-Energy. The real estate giant has recently entered the business of data centre parks. It has named this venture Yotta Infrastructure. It

  The rejuvenation of the Indian real estate sector finds its impetus in sustainable domestic consumption, breathing vitality into housing markets. Post the tumultuous era of COVID-19, residential property transactions have soared to unprecedented heights. Those with a penchant for renting perceive personal homeownership not only as a secure asset but also as a harbor of social security benefits. The confluence of robust demand and thriving sales has given rise to a surge in property prices, breaking free from the shackles of years of languid activity. The appetite for housing finds its roots in resilient economic growth, optimistic GDP projections, and adept handling of geopolitical complexities. Presently, potential homebuyers are contemplating leveraging gains from capital markets to fulfill their housing financial goals, aligning with the current market landscape. The intrinsic desire for property ownership has spurred fence-sitters, both domestic and NRI, to transition into bona f

  Born on March 8, 1950, Niranjan Hiranandani is a millionaire Indian businessman who specializes in real estate. He is also a co-founder and managing director of the Hiranandani Group. His net worth, as of June 2021, was US$1.6 billion, placing him among the 100 richest Indians according to Forbes.(Source: ) According to the Grohe Hurun survey, he was one of the top 10 Indian real estate tycoons in 2020.According to the IIFL Wealth Hurun India Rich List (2020), he ranked as the second richest individual in the real estate sector in 2020. Hiranandani is the owner of the privately held Hiranandani Group, along with other family members. Early life and education Mumbai is where Hiranandani was born. The Hiranandani clan hails from Sindh. Lakhumal Hiranand Hiranandani, his father, was an ENT surgeon who was also the winner of the Padma Bhushan award from the Indian government. Niranajan Hiranandani has two brothers: Surendra is his younger brother, and Navin is his elder brother. Hiranan

  Developers have the opportunity to utilize competitive advantages, such as access to substantial funding, to uphold robust financial positions, manage working capital, handle cash flow effectively, and refinance debt. In recent years, the financing landscape of the Indian real estate sector has undergone significant changes due to the introduction of various alternative funding options. Market consolidation, triggered by the COVID crisis, has profoundly impacted the Indian real estate industry. This circumstance compelled companies to engage in debt de-leveraging initiatives to sustain a healthy balance sheet. Consequently, real estate players have been compelled to reconsider their business models in sustainable and innovative ways. Unforeseen events like the COVID pandemic, geopolitical tensions, and wars have led to increases in raw material and crude prices, disruptions in supply chains, elevated interest rates, and soaring inflation rates, says Niranjan Hiranandani . As a resul

  Since external headwinds threaten to slow down India’s growth rate, there is a renewed opportunity for Indian businesses to strengthen global collaborations as part of India’s G20 Presidency. This will help to foster economic stability, growth, and progress, and will make it necessary for Indian businesses to expand, diversify, and explore global markets. In order to expand internationally, Indian enterprises might diversify into both local and international markets. Our ability to create stronger supply chains, global best practices, competitive advantage, and stronger teamwork will all be facilitated by an open economy. The growth-oriented ecosystem and supportive regulatory framework will propel Indian industries into the global economy. Know More :- Entrepreneurship- A Journey from Valuation to Value Creation! In turn, this worldwide exposure will be beneficial for growing the home market. It is the ideal moment to take advantage of domestic strength and make a name for yourself

A paradigm change from a product-centric to a customer-centric approach was brought about by digitization in order to accommodate changing consumer demands. Modern avant-garde homebuyers have a biased allegiance and affinity for companies that balance ecology, economy, and emotion in a way that is known as “conscious consumerism.” Since contemporary technology can already mimic human emotions, the economy is largely based on analyzing user behavior and emotional states. The economy is rapidly changing into a “emotion economy” thanks to the era of digitization. As the new currency for growth, the industry is increasingly leveraging the power of emotions to foster brand loyalty and create unforgettable customer experiences. Mapping emotional journeys leads to the deciphering of consumer purchasing habits, since real estate purchases are extremely sentiment-concentrated. Real estate companies now have access to crucial consumer data thanks to digitization, which supports client segmentati

  It is one of the most upscale townships in Mumbai and has completely changed what it means to be a modern Indian. Apart from its remarkable architecture, tranquil surroundings, and signature way of life, the township provides a special fusion of comfort and elegance. Make “Hiranandani Gardens, Powai” your Mumbai residence if you want to exude elegance and sophistication. opulent location Because of its excellent connection and central Mumbai location, Hiranandani Gardens Powai has become a booming business neighbourhood. The master plan incorporates true confluences, such as an arboreal house, a contemporary office, a holistic environment, and surrounds that are filled with wellbeing. This verdant utopian village is unquestionably a peaceful haven from the chaos of the metropolis. Set within a panorama of verdant hills, a peaceful lake, calming water features, artfully designed landscapes, and immaculate lawns, it gleams like a gem within an oyster. A Classic Way of Life The famous l

  Due to the eagerness of discriminating homebuyers to invest in or buy a home, the Indian real estate market is booming. For reasons of career mobility, first-time homebuyers who previously tended to rent are now more likely to buy. Owners now understand the importance of having a house that offers stability, privacy, and convenience for their families, especially in light of the unprecedented pandemic. The current economic climate is fueled by a number of variables that drive demand for homes, including the following: 1. A rise in disposable income 2. An optimistic capital market 3. New hires 4. Long-term tax benefit on capital gains 5. Invest in larger residences for a higher standard of living 6. The availability of empty-nested houses 7. Upbeat about upcoming profits 8. Vigorous consumption 9. A stable interest rate for house loans 10. The availability of mortgages 11. Increased number of first-time homebuyers 12. Fresh supply of homes 13. Demand in Tier, Peripheral, and Metro are

  In those early days of my career that now spans over 40 years in the real-estate industry was quite demanding, difficult and arduous. Reminiscing time back then, when team Niranjan Hiranandani had just started and were in the process of gathering expertise to set our grounds in the industry. I felt challenged to undertake risk, bold decisions, make the team believe in my vision and align them to the company goals. Believe you me, keeping the team spirit high in a formidable situation is always a rigorous exercise for leaders at the helm. It was a period that tested my patience, emotional strength, and mental resilience. During those hustles & quandaries, I realized that my most effective coping mechanism has always been rooted in self-discovery mode. Instead of dwelling on past difficulties, I chose to focus on finding solutions. Initially, it seemed to be an insurmountable method, but once you realize that is the only way to steer forward in life, trust me, things start falling