Tag: Niranjan Hiranandani

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Real Estate: India’s Growth Multiplier, Says Niranjan Hiranandani

Hiranandani described real estate as a central pillar of India’s growth narrative. During the keynote address at the RealtyDailyNews Realty Real Estate Conclave 2026, Niranjan Hiranandani, Chairman of NAREDCO and Co-Founder & MD of Hiranandani Group, presented an optimistic and balanced perspective on India’s real estate sector. He framed the industry within the context of India’s broader economic growth, emphasizing continuous GDP growth, accelerated infrastructure development, and increased credit availability as key drivers for future development. “Commercial lending is achieving annual growth rates of nearly 15%,” Hiranandani remarked, connecting the increase in credit accessibility to both homebuyers and developers. With…

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Housing Revolution Needed: Niranjan Hiranandani, Naredco

NEW DELHI: The National Real Estate Development Council (Naredco) has pointed out a significant tax imbalance between corporations and individual taxpayers, urging the government to adjust income tax rates. The organization claims that individuals and partnerships engaged in business face substantially higher taxes compared to companies. Niranjan Hiranandani, chairman of Naredco, emphasized that while corporations generally pay an effective tax rate around 25%, individuals in similar business roles may pay up to 40%, including surcharges and cesses. “If a company is taxed at 25%, why should an individual or partnership in the same field face a 40% tax?” he questioned,…

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NAREDCO Elects Parveen Jain as President, Hiranandani as Chair

NEW DELHI: The National Real Estate Development Council (NAREDCO) has appointed Parveen Jain as its new president and Niranjan Hiranandani as chairman. Parveen Jain, who is also the founder and managing director of Tulip Infratech, stated, “Our focus will be on promoting transparency, supporting progressive policy reforms, and enabling sustainable growth that aligns with India’s broader economic vision. NAREDCO will continue to serve as a bridge between the government and the real estate sector, ensuring responsible and inclusive growth.” Jain has previously served as president of NAREDCO – National from 2015 to 2017 and has held the position of president…

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Hiranandani Group Unveils 225-Acre Township in Alibaug

NEW DELHI: Hiranandani Communities has unveiled its latest township project, Hiranandani Sands, spanning over 225 acres in Alibaug, Maharashtra. This initiative anticipates generating revenue projections of ₹17,000 crore. The initial phase covers 3.3 lakh sq ft and includes three residential towers with 330 units, featuring studio, 1, 2, and 3 BHK apartments. Prices start from ₹80 lakh for studios and go up to ₹2.85 crore for high-end 3 BHK homes. The launch of the project saw gross sales reaching ₹450 crore. The township will comprise residential homes, villas, plotted developments, and branded serviced apartments, along with five hotels, a convention…

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Delhi CM calls for builders to adopt public-private partnerships

NEW DELHI: Chief Minister Rekha Gupta has assured the real estate sector that the government will require two years to address the capital’s developmental backlog from the past decade. “We encourage industry members and developers to present PPP models for the creation of state-of-the-art hospitals, schools, shopping malls, and infrastructure, with the government providing full policy and financial support,” stated Gupta. Speaking at the National Real Estate Development Council (NAREDCO) conference, which announced its 17th national convention scheduled for August 29–30, 2025, in New Delhi, she emphasized, “Our vision is to transform all slums in Delhi into permanent housing. We…