Niranjan Hiranandani, a prominent Indian real estate tycoon, has recently shared an exclusive peek into his 25,000-square-foot penthouse in Mumbai, a city known for its cramped and overpriced housing. The luxurious residence, located in the heart of the c
MumbaiReal EstateLuxury PenthouseNiranjan HiranandaniHiranandani GardensReal Estate MumbaiJan 05, 2025
Niranjan Hiranandani’s penthouse in Mumbai is a sprawling 25,000 square feet.
The Hiranandani Gardens township is located in Powai, Mumbai.
Niranjan Hiranandani was inspired to develop Hiranandani Gardens in Powai due to the inadequate infrastructure in Mumbai, particularly the poor roads and lack of amenities like stormwater drains and street lights.
The penthouse offers panoramic views of both Powai and Vihar lakes, and the area’s temperature is approximately 2°C lower than the rest of Mumbai due to the extensive greenery and thoughtful urban planning.
Niranjan Hiranandani advises that when buying a house, it’s important to consider it as an investment for your future and security. He suggests evaluating what you can afford in terms of EMIs, arranging for a down payment, and committing to a monthly payment plan. He also recommends that the value of the house should ideally be equivalent to five years of your annual income and can be paid off over a 20-year period.
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