Real Estate Tycoon Envisions Slum-Free Mumbai: Hiranandani’s Bold Claims
Niranjan Hiranandani, a prominent real estate developer, praises the Maharashtra government’s ambitious plans for housing and infrastructure, aiming to eliminate all slums in Mumbai within the next decade.
Housing For AllSlum EliminationInfrastructureDharavi RedevelopmentReal EstateReal Estate MaharashtraOct 09, 2025
He said, “My view is that Housing for all as an objective, we can achieve. There's no shortage of money in the country. We can eliminate all the slums in Mumbai. Devendra Fadnavis has said that in seven to eight years, we can eliminate where half the population of Mumbai lives in slums today.”
Highlighting the government’s expenditure on infrastructure in Mumbai, Hiranandani pointed out that a network of more than 300 kilometres of metro has been added in the last two years. “We are now spending; we're doing 300 kilometres of metro. We had 190 kilometres of suburban rail for 65 years. We are going to add 300 plus kilometres of metro in two years. We have a cross-harbour bridge. We are putting up a second airport. We are already planning a third airport. We can do anything in order to make a super achievement in this country today, which was never, never, never dreamt of yesterday,” he said.
When asked about the criticism over the Dharavi redevelopment project, Hiranandani backed industrialist Gautam Adani, stating that India needs more wealth creators like him. “We need 40 Adanis to come. We have only one Adani and one Ambani. If 40 come, then our country will improve and there will be more competition between them. Both of them are good people and do good work,” he said.
He added, “They give jobs to everybody...There will always be jealousy of super-successful people. And there will always be a reason to say that they are close to the power centres, that's why they've become rich. They don't understand how much work goes in order to be what they are.”
Hiranandani’s remarks come amid the ongoing Dharavi redevelopment project, for which the Maharashtra government approved the master plan in May this year. The proposed master plan is an attempt to redevelop one of the largest slums in the world, aiming to transform it into a modern, well-planned urban area with adequate housing and infrastructure.
Frequently Asked Questions
What is the ‘housing for all’ goal in Maharashtra?
The ‘housing for all’ goal is an initiative by the Maharashtra government to provide affordable housing to all residents, particularly focusing on eliminating slums and improving living conditions.
How much new metro infrastructure has been added in Mumbai recently?
In the last two years, more than 300 kilometres of new metro infrastructure has been added in Mumbai, significantly enhancing the city's public transportation network.
What is the Dharavi redevelopment project?
The Dharavi redevelopment project is a major initiative to redevelop Dharavi, one of the largest slums in the world, into a modern, well-planned urban area with adequate housing and infrastructure.
Who is Niranjan Hiranandani?
Niranjan Hiranandani is a prominent real estate developer and tycoon known for his contributions to the housing and infrastructure sectors in Mumbai and Maharashtra.
Why does Hiranandani support industrialists like Gautam Adani?
Hiranandani supports industrialists like Gautam Adani because he believes that more wealth creators are needed to drive economic growth and create jobs, leading to overall improvement in the country.
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