Building Dreams

Building Dreams

Lights, Sound, Camera, Action! At Hiranandani Gardens, Powai, these words resonate quite frequently as the likes of Amitabh Bachchan, Shah Rukh Khan, Hritik Roshan, Akshay Kumar, Aamir Khan, Sanjay Dutt, Govinda, Karishma Kapoor and Shilpa Shetty thrill the curious bystanders while shooting for various Bollywood flicks.

Hiranandani Gardens is without doubt the most outstanding privately developed housing complex in India. And if there’s one man who is to be applauded for this wonderful project, it is Niranjan Hiranandani, Managing Director of Hiranandani Constructions, the leading real estate developers of India. His rise to glory is quite similar to what we often see in films. He followed his dreams and they came true through sheer hard work coupled with a vision – to build the swankiest, most high-profile housing-cum-residential complex of Mumbai.

Today Niranjan Hiranandani is considered one of the most reputed names in the real estate business. As head of Hiranandani Constructions, he has made a name for himself by creating two top-of-the-line housing-cum-commercial projects – the Hiranandani Gardens in the suburb of Powai in Mumbai and the Hiranandani Estate at Thane, at the outskirts of Mumbai city.

Those who know him profess that Niranjan Hiranandani possesses a rare combination of superb entrepreneurial judgement, sound business acumen and an ability to dream big. Yet, not many know this real estate tycoon began his career as a Chartered Accountant, teaching at the Institute of Chartered Accountants. After that he also established and ran a textiles business for a few years. But it was his stride into the real estate business that earned him an unparalleled reputation and in the process made his family name one of the most high-profile surnames in the country.

Belonging to a family of doctors – his father, L N Hiranandani, was a leading ENT surgeon who was awarded the Padma Bhushan for his services – Niranjan Hiranandani along with his brother Surendra Hiranandani have transformed the very definition of "real estate developer" in India.

Before Hiranandani’s foray into reals estate, builders were ¬†labelled as dubious characters with underworld connections. Niranjan remembers his earlier days when every time he sought an audience with a minister, the appointment was never jotted in the minister’s diary. "But today things have changed. From a position of being looked down upon (because you are a real estate developer) to where you are respected is the most significant change for us," he was quoted as saying. So much for bringing in respectability to an entire genre of businessmen!

Although extremely successful as a real estate developer, more recently Hiranandani has steered his group into other sectors like entertainment, education, retail and hospitality. The Group diversified into the retail segment in a big way, floating the Lakewood Malls Private Limited.

Apart from building high-quality structures, Niranjan Hiranandani is actively involved in championing the cause of the construction industry – he is attempting to bring about transparency and professionalism in the operations of the industry. According to Hiranandani, the government should implement the National Housing policy framed. This, according to him, would go a long way in boosting the prospects of the construction industry and improving the economy of the country.

His run up to success wasn’t smooth and ¬†he encountered his share of problems. Yet, by sheer determination he has succeeded in accomplishing his goals. He has yet another dream – that of transforming Mumbai city into one of the best in the world. Knowing his wonderful knack of turning dreams into reality, we can say with conviction that given an opportunity he will most certainly make it happen. Now, if only the government listens!

Besides heading Hiranandani Group, Niranjan Hiranandani serves as the Chairman of the Housing and Public Works Committee of the Federation of Indian Chamber of Commerce and Industry (FICCI); Director, HUDCO; Vice-Chairman, Maharashtra Chambers of Housing Industry; and co-Chairman of the Experts Committee on Urban Development of ASSOCHAM.

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