Business Standard

Niranjan Hiranandani

Rising interest rates, prices hurt real estate demand: Hiranandani Group MD

The Indian real estate sector witnessed a decline in affordable housing launches and overall sales in the September quarter of 2024

Rising interest rates, prices hurt real estate demand: Hiranandani Group MD
Updated On : 27 Oct 2024 | 4:40 PM IST

ED questions Niranajn Hiranandani, his son Darshan in Fema investigation

The Enforcement Directorate has questioned Niranjan Hiranandani, the promoter of prominent Mumbai-based realty company Hiranandani Group, in a foreign exchange violation case, official sources said Monday. Niranajn Hiranandani and his son Darshan Hiranandani were asked to join the investigation by the central agency at its office here as part of a probe being conducted under the Foreign Exchange Management Act (FEMA). Darshan Hiranandani has been living in Dubai for the past several years. About four premises of the group in and around Mumbai were searched by the Enforcement Directorate (ED) last month. Apart from some foreign transactions, the agency is stated to be probing into the beneficiaries of a British Virgin Islands-based trust allegedly linked to the Hiranandani Group's promoters. The group has said it will co-operate with the ED in this FEMA investigation. Official sources said this ED probe is not linked to another FEMA investigation being conducted against TMC leader

ED questions Niranajn Hiranandani, his son Darshan in Fema investigation
Updated On : 04 Mar 2024 | 4:42 PM IST

FEMA case: ED summons Hiranandani Group promoters for questioning on Monday

The Enforcement Directorate has summoned Niranjan Hiranandani and his son Darshan Hiranandani, the promoters of prominent Mumbai-based real estate developer Hiranandani Group, for questioning in a foreign exchange violation case on February 26, official sources said on Sunday. The Hiranandanis have been asked to depose at the central agency's office in Mumbai but they may choose to submit their primary responses through an authorised representative, they said. Darshan Hiranandani has been living in Dubai for the last many years. About four premises of the Hiranandani Group in and around Mumbai were searched by the ED last week under the provisions of the Foreign Exchange Management Act (FEMA). Apart from some foreign transactions, the agency is said to be probing the beneficiaries of a British Virgin Islands (BVI)-based trust allegedly linked to the Hiranandani Group promoters. The group has said it will cooperate with the ED in this FEMA investigation. Official sources said the

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Updated On : 25 Feb 2024 | 10:33 PM IST

After Ratan Tata, now Niranjan Hiranandani invests in Goodfellows

Founder and CEO of the Hiranandani Group Niranjan Hiranandani has made an investment in Goodfellows, a start-up offering senior citizens companionship

After Ratan Tata, now Niranjan Hiranandani invests in Goodfellows
Updated On : 17 Nov 2022 | 9:43 PM IST

Despite recessionary trends… we're talking about 7% growth: Hiranandani

The real estate sector will sustain its growth momentum in this festival season, said Niranjan Hiranandani

Despite recessionary trends… we're talking about 7% growth: Hiranandani
Updated On : 12 Oct 2022 | 10:57 PM IST

GreenBase Industrial inks 200,000 sq feet industrial deal at Oragadam

The existing land bank of close to 500 acres spread across four locations is dedicated for 15 mn sq. ft of industrial and logistics parks development

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Updated On : 17 Apr 2022 | 2:08 PM IST

Realtors fear sales will fall in June quarter due to coronavirus curbs

Construction work to continue in Maharashtra; several builders make arrangements for workers to stay at site

Realtors fear sales will fall in June quarter due to coronavirus curbs
Updated On : 15 Apr 2021 | 11:34 PM IST

Rent trends will largely mirror the demand curve: Niranjan Hiranandani

In a Q&A, the chairman of Hiranandani Communities explains that the pandemic has prompted the millennial to move from being a renter of residential property to an owner

Rent trends will largely mirror the demand curve: Niranjan Hiranandani
Updated On : 29 Dec 2020 | 9:38 PM IST

The nitty-gritty of renovating your house to make it Covid-compliant

With stay-at-home, the house has become an office, school, fitness zone, entertainment--all rolled into one. New needs that have arisen have created demand for upgrades and renovations

The nitty-gritty of renovating your house to make it Covid-compliant
Updated On : 18 Sep 2020 | 6:34 PM IST

Demand for homes likely to rise due to coronavirus: MD Niranjan Hiranandani

Indian real estate is coming out of the challenges of economic and policy reforms, and the credit squeeze has added to the challenges, says Hirachandani

Demand for homes likely to rise due to coronavirus: MD Niranjan Hiranandani
Updated On : 31 Mar 2020 | 10:51 PM IST

NBFCs need to be incentivised to become banks, says Hiranandani Group MD

'The government's decision to reduce corporation tax rate to 17% for new companies is faulty', said Hiranandani

NBFCs need to be incentivised to become banks, says Hiranandani Group MD
Updated On : 22 Dec 2019 | 11:24 PM IST

If PSBs can't lend, they should be privatised: Niranjan Hiranandani

If PSBs are not able to do their job, they should be privatized, president Hiranandani

If PSBs can't lend, they should be privatised: Niranjan Hiranandani
Updated On : 29 Jun 2019 | 12:34 AM IST

Mumbai is out of the question for affordable housing: Niranjan Hiranandani

Plans to develop 2000 acre land in 5 years, against 550 acres in last 30 years

Mumbai is out of the question for affordable housing: Niranjan Hiranandani
Updated On : 16 Mar 2018 | 12:30 AM IST

Hiranandani mulls JV worth Rs 3,000 crore

In talks with Xander, Brookfield for 3-mn-sq-ft project in Thane

Hiranandani mulls JV worth Rs 3,000 crore
Updated On : 30 May 2017 | 1:14 AM IST

Niranjan Hiranandani spoilt for choice after $1-bn sell-off

Younger brother Surendra wants to re-invest his share in real estate and education

Niranjan Hiranandani spoilt for choice after $1-bn sell-off
Updated On : 17 Oct 2016 | 12:45 AM IST