Portrait of Niranjan Hiranandani

Rank #2299

Niranjan Hiranandani

Net worth $1.4B

Real estate · India

Born
Mar 08, 1950
Age
76
Source
Real estate
Residence
Mumbai
Citizenship
India
Marital status
Married
Children
2
Education
Bachelor of Arts/Science, University of Mumbai

Net worth over time

Biography

  • Indian property tycoon Niranjan Hiranandani cofounded Hiranandani Group with brother Surendra, who now runs his independent venture.
  • The brothers still own some assets jointly, mainly the Powai township in suburban Mumbai, which they built on a former quarry.
  • They sold part of their commercial and retail assets in Powai to Canda's Brookfield Asset Management for $1 billion in 2016.
  • Through his family office Nidar Group, Hiranandani is investing in energy infrastructure, building natural gas pipelines and gas storage terminals.
  • Hiranandani's son Darshan, a graduate of the Rochester Institute of Technology, heads the energy venture.
  • His wife Kamal is involved in the group.
  • His son Darshan also runs data centers in Navi Mumbai and Noida, near Delhi.