Developed over a decade, the Hiranandani Group, a partnership between brothers Niranjan and Surendra Hiranandani, which owns 4.5 million square feet of office and retail space in Powai, a suburb of Mumbai, will soon be acquired by Canada-based Brookfield Asset Management. This is said to be Mumbai’s largest property transaction in the commercial space which […]
Niranjan Hiranandani Archive
May 7, 2016 10:00 am
Cheer in the realty sector as home sales increase by 6%
Aided by stagnant pricing, discounts from builders and launch of new projects at lower prices led to increased Home sales by 6% in the January-March quarter from that a year ago across eight top cities of India, according to a report by property research firm Liases Foras. For the first time since January March 2014, […]
April 4, 2016 11:30 am
Two bids worth $ 1bn for property in Powai received by Hiranandani
It is heard that two bids totalling $ 1bn have been received by real estate giants Hiranandani for its property in Powai. As per sources, the bids have been received from an Indian PE Firm and Canadian Firm. Hiranandani is, apparently planning to sell commercial property measuring 4.5 million sq. ft in Mumbai’s suburbs. The […]
February 2, 2016 10:30 am
Hiranandani leases 19lakh sqft to TCS at Thane
Signaling the revival of the sluggish commercial real estate sales in the city, the largest deal in the office space has just concluded between TCS and Hiranandani. Software giant Tata Consultancy Services has signed on the dotted line to pick up 19 lakh square feet for its biggest office under one roof at Hiranandani Estate […]
December 11, 2015 6:00 pm
Need of Time-Bound Infrastructure Development for the Growth of Real Estate Market in MMR and Mumbai, Niranjan Hiranandani
According to Niranjan Hiranandani, MD of Hiranandani Communities and Founder-First President of NAREDCO (National Real Estate Development Council) Maharashtra that works under the aegis of Ministry of Housing & Urban Poverty Alleviation, Government of India, stated that Infrastructure projects and their timely completion are responsible for the success and growth of Mumbai Metropolitan Regions and […]
November 9, 2015 6:00 pm
NARDECO will construct one lakhs affordable homes in next one year
NARDECO (the National Real Estate Development Council), the umbrella developer body was formed under the ruling of Ministry of Housing and Urban Poverty with an objective to alleviate the work of central government. Niranjan Hiranandani, MD of Hiranandani Constructions Pvt. Ltd is now act as the president of Maharashtra NARDECO unit. The National Real Estate […]
September 10, 2015 6:00 pm
Mumbai’s real estate slowly picking up – Experts
Swiss chemical giant Clarian on Wednesday sold its 87 acre land parcel at Kolshet in Thane district to the Lodha Group for Rs 1,154 crore. The plot has a development potential of nearly 6 million square feet. Earlier, Oberoi Realty and Tata Housing also went land shopping in Mumbai for development projects. Niranjan Hiranandani, Managing Director, […]
March 12, 2015 9:00 am
Properties of Mumbai showing trips in price
According to few reports, property prices will remain high in certain market conditions, but they will not increase any more. The value of under construction property which is unsold in real estate inventory in Mumbai can be anything as its R 53,400 crore for a clutch of listed firms and it presents that consumer confidence […]