Niranjan Hiranandani (born March 8, 1950) is an Indian entrepreneur, co-founder and managing director of Hiranandani Group, engaged in real estate business. Niranjan is ranked among the top 100 richest Indian’s and Forbes global billionaires. Along with members of his family, Niranjan controls the privately owned Hiranandani Group.
Early life & education
Niranjan was born in Mumbai. His father was Lakhumal Hiranand Hiranandani, ENT surgeon and Padma Bhushan recipient from Government of India. Niranjan elder brother is Navin and younger brother Surendra Hiranandani. Niranjan finished schooling from Campion School,Mumbai and bachelor’s in commerce from Sydenham College Mumbai. Nirajan is Chartered Accountant from Institute of Chartered Accountants of India. Niranjan first job was as an accounting teacher. In 1981 he started his first business setting up textile weaving unit in Kandivali Mumbai.
Niranjan is married to Kamal Hiranandani and has two children daughter Priya and son Darshan. Priya is married to Cyrus Vandrevala a London-based businessman. He loves to read and spend time with family. He gives equal importance to workouts and goes to gym every morning at 6 am. Niranjan’s favorite cities are Mumbai and Dubai. He believes in long goals where builders should develop a brand with trust, good work and transparency which will help them in the long term to connect with buyer’s generation after generation.
Niranjan along with his brother Surendra Hiranandani bought 250 acres land in Powai Mumbai in 1985 and started real estate business under the name Hiranandani Gardens. Hiranandani Constructions that acquires and completes the large projects has stake in GIFT City which is a Special Economic Zone (SEZ) devoted to finance and financial services. 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. H-Energy is the holding company of H-Energy Gateway Private Limited and H-Energy East Coast Private Limited has entered the LNG Regasification and Gas Marketing business to the waters of Bay of Bengal in the east coast where the gas availability, usage and consumption will increase in the eastern region particularly in West Bengal. Hiranandani forayed into gas based power project near Pune. Hiranandani Hospital was started in Powai in 2006 and Thane in 2011.
Niranjan is on board of 17 schools including the Hiranandani Foundation School in Powai and Thane. Niranjan is the past president 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. Niranjan 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). Niranjan 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 Hyderabad (Sind) National Collegiate Board, which manages 22 educational institutions including secondary and higher secondary school, polytechnics, degree and post-graduate colleges. Former Chairman of Advisory Council of Confederation of Real Estate Developers’ Association of India (CREDAI).