Niranjan Hiranandani

Niranjan Hiranandani
Niranjan Hiranandani
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At a Glance
  • Age
  • Earnings
    $1200 Million
  • Source of earnings
    Real estate
  • Marital Status
  • Children
  • Residence

Forbes India Lists

#56 India Rich List 2013


Troubled property tycoon Niranjan Hiranandani who cofounded Hiranandani Group, with his brother Surendra, is awaiting permission to start construction again at its 250-acre township in suburban Mumbai, which had been suspended for the alleged misuse of development rights. A court last year ordered the group to build 3,000 smaller apartments, for which it has submitted construction plans but has yet to receive approvals from local authorities. London-listed arm Hirco's projects in India defaulted on loan repayments to banks. The family is close to acquiring a prized sea-facing plot in south Mumbai to construct a new mansion.

India Rich List 2013

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