Niranjan Hiranandani

$1.40 B

Ranked #2224 in World

About Niranjan Hiranandani

Indian tycoon Niranjan Hiranandani, with a notable fortune of $1.6 billion, stands as a pillar of real estate development, notably in Mumbai's Hiranandani Gardens and Thane's Hiranandani Estate. A chartered accountant turned property mogul and a Sindhi lineage, he began with a Mumbai textile unit before revolutionizing urban spaces. Engaged in education and urban policy, he shapes HSNC University as its upcoming Provost, blending cultural endeavors with industry leadership.

Born

March 08, 1950 in Mumbai, India

Age

76 years

Source Of Wealth

Real Estate

Industries

Real Estate

Citizenship

India

Residence

Mumbai

Education

Bachelor of Arts/Science, University of Mumbai

Spouse

Kamal Hiranandani

Children

Parent

Lakhumal Hiranand Hiranandani

Niranjan Hiranandani was born in Mumbai, Maharashtra, India, into a Sindhi family. His father, Lakhumal Hiranand Hiranandani, was a renowned ENT surgeon and a recipient of the prestigious Padma Bhushan award. Niranjan completed his schooling at Campion School in Mumbai and went on to earn a bachelor's degree in commerce from Sydenham College, Mumbai. He further pursued chartered accountancy from the Institute of Chartered Accountants of India.

Niranjan Hiranandani: Family

Niranjan Hiranandani is married to Kamal Hiranandani, and together they have two children: Priya and Darshan. Priya is married to Cyrus Vandrevala, a London-based businessman, while Darshan is married to Neha Jhalani, the daughter of Delhi-based businessman Pradeep Jhalani.

Niranjan Hiranandani: Career Highlights

Niranjan Hiranandani began his career as an accounting teacher before establishing his first business, a textile weaving unit in Kandivali, Mumbai, in 1981. In 1985, he, along with his brother Surendra, acquired 250 acres of land in Powai, Mumbai, and ventured into the real estate business under the name Hiranandani Gardens. Through Hiranandani Constructions, they revamped and launched acquired townships, including the notable Hiranandani Estate township in Thane, Maharashtra.

Niranjan Hiranandani also founded Hiranandani Hospital in Powai (2006) and Thane (2011), demonstrating his commitment to healthcare. Furthermore, he serves as the Founder Chairman of Yotta Infrastructure, which launched the world's second-largest data center, NM1.

Niranjan Hiranandani: Companies

Niranjan Hiranandani is the co-founder and managing director of the privately owned Hiranandani Group, which operates in various sectors, including real estate, healthcare, education, and hospitality. Some notable companies under the Hiranandani Group include Hiranandani Constructions, Hiranandani Hospital, Yotta Infrastructure, and Hiranandani Foundation Schools.

Niranjan Hiranandani: Major Achievements

Niranjan Hiranandani has made significant contributions to the real estate industry in India. He is credited with transforming the Powai area of Mumbai into a thriving business and residential hub. His real estate projects are known for their innovative designs, sustainable practices, and integrated townships that offer a holistic living experience.

Niranjan Hiranandani's entrepreneurial success has earned him recognition and accolades.

He has been ranked among the 100 richest Indians by Forbes, with a net worth of US$1.6 billion as of June 2021. He is also listed among the Top 10 Indian real estate tycoons according to the 2020 Grohe Hurun report.

Niranjan Hiranandani: Awards & Achievements

Niranjan Hiranandani has received numerous awards and recognitions for his contributions to the real estate industry and social welfare. Some notable awards include:

Padma Shri award from the Government of India (2016)
Lifetime Achievement Award at the 12th Realty+ Excellence Awards (2019)
Realty Icon of the Year at the 11th Realty+ Excellence Awards (2018)
CNBC-Awaaz Real Estate Awards for Lifetime Achievement (2017)
ET Now Real Estate Awards for Lifetime Achievement (2016)

Niranjan Hiranandani: Personal Life & Legacy

Niranjan Hiranandani is known for his philanthropic endeavors and contributions to various educational, housing, and real estate organizations. He serves on the board of 17 schools, including Hiranandani Foundation Schools, and has held leadership positions in numerous industry associations and government task forces related to housing and urban development.

Niranjan Hiranandani's legacy lies in his vision for sustainable urban development and his commitment to creating world-class living spaces. He has played a pivotal role in shaping the real estate landscape of India and continues to inspire future generations of entrepreneurs and industry leaders.

Niranjan Hiranandani: Trivia

Niranjan Hiranandani was named in the Pandora Papers, a global investigation into offshore financial dealings, in October 2021. The reports alleged that he had hidden $60 million in offshore trusts, sparking controversy and raising questions about financial transparency.

Wealth History

Timeline

Niranjan Hiranandani was born in Mumbai to a Sindhi family.

His father, Lakhumal Hiranand Hiranandani, was an ENT surgeon and Padma Bhushan recipient.

Niranjan Hiranandani completed schooling at Campion School, Mumbai.

He holds a bachelor's degree in commerce from Sydenham College, Mumbai.

Niranjan Hiranandani became a chartered accountant of the Institute of Chartered Accountants of India.

He started his career as an accounting teacher.

1981

Niranjan Hiranandani established his first business, a textile weaving unit in Kandivali, Mumbai.

1985

He acquired 250 acres of land in Powai, Mumbai, with his brother Surendra.

Niranjan Hiranandani started his real estate business under the name Hiranandani Gardens.

Hiranandani Constructions revamped and launched acquired townships.

Niranjan Hiranandani built Hiranandani Estate township in Thane, Maharashtra.

2006

He founded Hiranandani Hospital in Powai.

2011

Niranjan Hiranandani founded Hiranandani Hospital in Thane.

He is the Founder Chairman of Yotta Infrastructure, which launched the world's second largest data center, NM1.

October 2021

Niranjan Hiranandani was named in the Pandora Papers for allegedly hiding $60 million in offshore trusts.

Niranjan Hiranandani : FAQs

What is Niranjan Hiranandani's net worth?

As of 2024, Niranjan Hiranandani's net worth was $1.40 billion.

What are Niranjan Hiranandani's main sources of wealth?

Niranjan Hiranandani's main source of income comes from Real Estate.

In which industry does Niranjan Hiranandani primarily operate?

Niranjan Hiranandani is primarily involved in the Real Estate industry.

What is Niranjan Hiranandani educational background?

Niranjan Hiranandani holds a Bachelor of Arts/Science from the University of Mumbai.

How old is Niranjan Hiranandani?

Niranjan Hiranandani is 76 years old.

How many children does Niranjan Hiranandani have?

Niranjan Hiranandani has 2 children.

What are some of Niranjan Hiranandani's early educational qualifications?

Niranjan Hiranandani completed his schooling at Campion School, Mumbai, holds a bachelor's degree in commerce from Sydenham College, Mumbai, and is a chartered accountant of the Institute of Chartered Accountants of India.

How did Niranjan Hiranandani start his career in the business industry?

Niranjan Hiranandani started his career as an accounting teacher and moved on to establish his first business, a textile weaving unit in Kandivali, Mumbai in 1981, before entering the real estate sector with Hiranandani Gardens.

What notable positions and associations does Niranjan Hiranandani hold?

Niranjan Hiranandani has been actively involved in educational, housing, and real estate organizations, holding positions including past president of the Maharashtra Chambers of Housing Industry, chairman of I.M.C.'s Mumbai City Development and Environment Committee, president of NAREDCO, and chairperson of Priyadarshni Academy, among others.

Can you provide some insights into Niranjan Hiranandani's personal life and family connections?

Niranjan Hiranandani is married to Kamal Hiranandani and has two children: Priya, who is married to London-based businessman Cyrus Vandrevala, and Darshan, who is married to Neha Jhalani, the daughter of Delhi-based businessman Pradeep Jhalani.