Vision for a Slum-Free Mumbai: Real Estate Tycoon Niranjan Hiranandani’s Bold Claims
Real estate mogul Niranjan Hiranandani praises the Maharashtra government's ambitious plan to eliminate slums and provide housing for all in Mumbai. He highlights the significant infrastructure developments and the need for more wealth creators like Gautam Adani.
MumbaiSlumsHousingInfrastructureReal EstateReal Estate NewsOct 09, 2025
He stated, '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 noted the significant progress made in recent 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 surrounding the Dharavi redevelopment project, Hiranandani defended 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 remarked.
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 into being 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 aims to redevelop one of the largest slums in the world, transforming it into a modern, sustainable community with adequate housing, infrastructure, and economic opportunities for its residents.
Frequently Asked Questions
What is the goal of 'Housing for All' according to Niranjan Hiranandani?
Niranjan Hiranandani believes that 'Housing for All' can be achieved by eliminating slums in Mumbai and providing adequate housing and infrastructure to all residents.
What significant infrastructure projects are being developed in Mumbai?
Mumbai is seeing the addition of 300 kilometres of metro, a cross-harbour bridge, and plans for a second and third airport, among other projects.
Why does Niranjan Hiranandani support Gautam Adani?
Hiranandani supports Gautam Adani because he believes India needs more wealth creators like Adani to boost the economy and create jobs.
What is the Dharavi redevelopment project?
The Dharavi redevelopment project is a master plan approved by the Maharashtra government to redevelop one of the largest slums in the world into a modern, sustainable community.
What is the timeline for eliminating slums in Mumbai according to Devendra Fadnavis?
Devendra Fadnavis has stated that the goal is to eliminate slums in Mumbai within seven to eight years.
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