Real Estate Tycoon Hiranandani Praises Maharashtra's Vision for Housing and Infrastructure
Niranjan Hiranandani, a leading real estate developer, commends Maharashtra's ambitious plans to eliminate slums and enhance infrastructure, including the development of a second airport and a cross-harbour bridge.
Real EstateInfrastructureSlum EradicationMaharashtraUrban DevelopmentReal Estate MaharashtraOct 09, 2025
He confidently stated, 'There's no shortage of funds in the country. We can eliminate Mumbai's slums.' Hiranandani's optimism is grounded in recent developments, such as the addition of over 300 kilometers of metro rail in the past two years, a significant improvement over the 65-year-old suburban rail system. The state's vision also includes upcoming infrastructure projects like a second airport and a cross-harbour bridge, which reflect a proactive approach to urban development.
Addressing criticism around the Dharavi redevelopment, Hiranandani voiced his support for Gautam Adani, highlighting the importance of wealth creators like Adani for competitive growth. 'India needs 40 Adanis,' he noted. Hiranandani dismissed critiques as envy towards successful individuals, emphasizing the hard work and dedication behind their achievements.
The real estate mogul's comments come at a time when Maharashtra is focusing on comprehensive urban planning and infrastructure enhancement. The state's efforts are not only aimed at improving living conditions but also at boosting economic growth and attracting investments. Hiranandani's endorsement of these initiatives underscores the potential for positive change and the role of private sector collaboration in achieving these goals.
Hiranandani's vision aligns with the broader objectives of the Maharashtra government, which seeks to transform the state into a model of sustainable urban development. By addressing the challenges of urbanization and slum formation, the government aims to create a more inclusive and prosperous society. The support of influential figures like Hiranandani is crucial in driving these initiatives forward and ensuring their success.
Frequently Asked Questions
What is Niranjan Hiranandani's role in the real estate industry?
Niranjan Hiranandani is a prominent real estate developer and a leading figure in the Indian real estate industry, known for his contributions to urban development and infrastructure projects.
What are the key infrastructure projects mentioned by Hiranandani?
The key infrastructure projects mentioned by Hiranandani include the addition of over 300 kilometers of metro rail, the development of a second airport, and the construction of a cross-harbour bridge in Maharashtra.
Why does Hiranandani support the Dharavi redevelopment project?
Hiranandani supports the Dharavi redevelopment project because he believes it is essential for urban renewal and economic growth, and he views it as an opportunity to improve living conditions for residents.
How does Hiranandani view the role of wealth creators like Gautam Adani?
Hiranandani views wealth creators like Gautam Adani as crucial for India's competitive growth and believes that more such individuals are needed to drive economic progress.
What is the Maharashtra government's vision for the housing sector?
The Maharashtra government's vision for the housing sector includes the elimination of slums, the provision of affordable housing for all, and the development of modern infrastructure to support sustainable urban growth.
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