How to build a Real Estate Empire? : Niranjan Hiranandani Reveals Secrets & Strategies | IBP EP 10

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VIDEO INTRODUCTION:
Today, on the Indian Business Podcast, we have Niranjan Hiranandani, a trailblazing figure in the Indian real estate landscape.He co-founded and heads the Hiranandani Group, a top real estate company in India. His innovative projects have transformed cities, focusing on sustainability. Hiranandani excels in residential, commercial, and mixed-use developments, enhancing India's urban landscape and has created one of a kind township in Powai -Mumbai along with several other projects.
In this episode he talks about What were the key challenges faced by Niranjan Hiranandani in the late 1970s real estate market? How does he ensures the quality in construction?
What strategies did he use to build a successful real estate empire?
Timestamp
00:00 Trailer, Introduction
3:40 Your father was a doctor so didn't your father ever ask you to be a doctor?
5:45 What was so special about your father that tata’s and birla’s trusted him?
11:23 How do people like you have extraordinary capability to be concentrated and focused ?
15:00 What was the real estate business ecosystem in the late 1970’s?
23:28 Can you walk me through this first project of yours, the first building?
25:34 How did you decide to build your first building?
26:59 How much money did you borrow?
27:36 What was the gap in the market that you addressed which no other player was addressing?
35:40 How did the Housing Board of Singapore inspire you ?
41:44 How do you achieve leadership at scale?
48:01 How to find skilled Professionals who align with your values?
52:46 What are the traits and phrases that you see and say this is a red flag?
59:54 How do you gauge an underrated asset and make the right investment? What would your strategy be?
1:03:28 What was the story about convincing the landowner to sell his land and accept 10 lakhs in earnest money?
1:07:07 Why do partnerships break and what can be done to make them successful?
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#thinkschool #businesscasestudy #geopolitics #realestate

[@ThinkSchool]

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[@nasanakotakrishnachari1826]

Hi ganesh bro, This is N.S.Krishna chari (23) Iam into construction business, from Bangalore Last month i asked you through the comment to do real-estate podcast. I wanted to thank you for taking my suggestion and creating the real estate business podcast. It was incredibly inspiring and has motivated me. Niranjan hiranandani ji's & Your insights and experiences shared in the podcast have been invaluable. Keep up the great work. Thank you big brother ❤

[@sriramansethu]

Ganesh's attitude in the show has changed drastically.... Hope he understands how to handle 'success'

[@formaleditfanpage7879]

I am an b tech undergraduate student I listen all your podcast since I was 17 years old now I turned 19 ❤ U really do a great work ur thought process shaped my mind really u ask questions that are insightful of knowledge and hardships big fan ur research and case studies

[@formaleditfanpage7879]

I am pursuing CSBS(Computer science and business system which is basically related with tech and finance which a very great course to explore we have business labs on every week so one fine day my teacher share few case studies from think school and I got how byjus got bankrupt and investors are running back of the company which is one ur case study my teacher gave us few minutes to summarise and speak infront of the class and I spoke 25mins from balance sheet numbers to the greedy steps that made byjus to bankrupt I myself shocked that I have that burning desire to explore things in a better ways

[@zaynnn27]

​@@formaleditfanpage7879heard of this course for the first time brother sounds interesting, wanted to ask you from which college are you pursuing this course

[@jaikishoreg7210]

@@formaleditfanpage7879 which kind of business ru intreseted in doing , that u want to do rather than becoming employee

[@siddhantgala7461]

Constructive feedback: 1. Keep it a discussion, not an interview 2. Go deeper, not surface level generic questions

[@Susannewalker-gq6tj]

*Hallelujah!!!! The daily jesus devotional has been a huge part of my transformation, God is good 🙌🏻🙌🏻🙌🏻🙌🏻🙌🏻was owning a loan of $47,000 to the bank for my son's brain surgery (David), Now I'm no longer in debt after I invested $12,000 and got my payout of m $270,500 every months,God bless Christy Fiore🇺🇸🇺🇸🇺🇸..*

[@WilliamJohn.]

Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God.

[@PaulaMorgan-nn6wb]

Thanks to my co-worker (Alex) who suggested Ms Christy Fiore.

[@Ericmanzur]

Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.

[@DanielKay-ey6uh]

Great to see you guys talking about her, she changed the game for me.

[@Meganfinch-uw7uy]

*Please how can I contact her? I'd love to see for myself*

[@relentless.001]

This line hits different!! "Don't do your best. You must do better that your best. You must exert yourself."

[@PrabhatDoongarwal]

Work 80 hrs/week?

[@Zak-qh5tb]

Don't exert yourself beyond a limit to damage your mental and physical health

[@Skywalker_9618]

​@@Zak-qh5tb“If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them.” - Bruce lee

[@Zak-qh5tb]

@@Skywalker_9618 Bruce Lee has his perspective on life. We all have our own perspective. We need different kinds of people in our society. In the highway of life, I prefer that most people stay under the speed limit both for the safety of themselves and others.

[@rk_bhartiya]

Always ask how such billionaire handled govt departments/employees during initial days. How banks got convinced?? etc

[@rupeshghanekar2058]

Bro just...suggestion...as good gesture just seat like...both legs down on sofa...while seating in front of biggies like Hiranadani...

[@piyushb143]

Hiranandani working hard on his PR. Man is cooking something.

[@Anurag-servent_of_krishna]

Biriyani

[@yadu5966]

This is Gold Content video which can be applied to any field/profession. Quality, Better than Best and Trust. Thank you Ganesh and Mr. Niranjan Hiranandani Sir❤

[@saifquazi]

I didn't watch the video but ganesh please start asking every businessman that how can us (the viewers ) can start same from zero.

[@hrisikeshbhattacharya5467]

Why? You want everything to be spoon fed to you?

[@shivamgosavi390]

First of all what worked for a man doesn’t necessarily works for you Second Mr.Hiranandani had rich background and very well socially connected What I’m trying to say is 1 in million gets successful in span of 10-15 years, people like you and me have to work 40-50 years to give strong foundation for our next generation and our kids will start to build empire like him and our grandchildren will benefit form it… There is no easy way😊 No matter what advice a billionaire gives, its never practical for people like us

[@Jack-tk1is]

​@@hrisikeshbhattacharya5467 YES ! Starting is the Hardest Part 😮

[@pritishpatil7659]

I definitely agree on quality part. The day we only accept quality products, albeit with 20-30% higher initial cost. Is the day when we will see the rise in high paying jobs and improve quality of life for everyone involved. If we buy bad quality chapri product, it's a lose-lose for every one: 1. You get bad quality product which results in miserable experience in life and you buy it again when it goes faulty or you keep using it with limited functionality. 2. Seller had little margins because it was a cheap product. 3. Seller business and dependent businesses can't pay good wages to their employees because their products don't make high enough profits. 4. Economy is hurt because bad quality products hurt a person's productivity directly or indirectly. 5. People eventually get used to bad quality cheap products and that becomes the standard or "norm", which has happened in socialist India since 50s Only short term advantage is that poor people get to buy the product.

[@sushmitaupadhya5583]

And another advantage is that consumerism prevails. You will end up repeatedly buying the same thing every few months or years. This is best known in the mobile phone industry where the quality has intentionally been made worse so that people are forced to buy new phones every 2-3 years.

[@sanjayshah7776]

Strong vigilant enforcement of high quality standards is needed - The government need an organisation, that people need to register with when constructing buildings. This organisation checks quality of materials used and construction quality

[@vedantmungre1702]

​@@sushmitaupadhya5583 Planned Obsolescence!!

[@harshvardhanagrawal2225]

​​@@sanjayshah7776 I guess that would result in a socialist era again. Instead, I think we would have to make the market decide who builds better by choosing a transparent builder ourself

[@TravelCuisines]

First time when I went to Mumbai 15 years back and got to know that even 1 BHK flat costs a few crores shocked me back then. And now buying a flat anywhere is costly and still there is such high demand that getting one in a position of choice is getting tough. And whats funny is that still there are people around who have doubts about increasing buying power of our population and the general economic growth.

[@lakshmisagarsp3546]

This has to be hands down the best podcast I've seen for entrepreneurship. The soul of entrepreneurship and I had never heard of Niranjan sir before this. Just wow! Thank you Ganesh and team!

[@zyx7955]

On one side we have building like hiranandani which doesn't leak after many year and on one side we have Lodha building which are made up of cardboard

[@ganeriwal]

My biggest takeaway is Quality, Quality & Quality in everything we do. Being better than the best. Thanks Ganesh for this awesome video.

[@jayachandranpr7673]

As per Moneylife, "The plush Hiranandani Garden and other landmarks in Powai are allegedly built on land reserved for mass housing in a real estate scam worth Rs45,000 crore today. Some 344 acres of land which would have given decent housing for the common man was turned into living for the well-offs by the reputed builder Hiranandan

[@DrSakthisHormoneDiaries]

A wonderful interview. I liked the way Mr Niranjan strives for professionalism and is obsessed with quality. The icing was that he is from Campion too (I'm from Campion School Trichy Tamilnadu). No groundbreaking ideologies, just the vision, perseverance, stamina, patience, judgement and trust. Loved it.

[@ninadwrites]

Bruh this is unexpected and I'm super happy to see you got to interview and talk to Hiranandani

[@zyx7955]

Why so serious face Ganesh ... It is visible that you are doing overacting little bit 😂😂 fully my observation pls don't take it seriously

[@sandeepva6409]

He is not overacting. He is nervous and was busy thinking how to frame the next question using the statements given by guest.

[@puneethb9994]

Hiranandani is class ! Excellent when it comes to quality .. I stayed in Chennai for 3.5 year .. awesome architecture ❤

[@ruturajyadav5130]

I am so glad you asked him the question about his father. You are a really good podcaster Ganesh.

[@mbnn4639]

I would like to see some billionaires from South

[@Awesomeness7ish]

Invite them: Waycool founder Zoho founder

[@giftfortoday2643]

Wish India would be filled with people like this.

[@shaileshthombare5301]

Most awaited podcast with Hiranandani Sir, big fan @ThinkSchool

[@sooryampatel4040]

FINALLY A VIDEO!! It was about time you posted bro!

[@hmehta0]

Hi Ganesh anna, I am property investor in London and starting developments soon. Great podcast for me to hear. Thank you

[@vedantmungre1702]

I just want to know how he is such a good and clear speaker. 😃

[@shubham-oh4ki]

*Mumbai need to build underground road/metro from colaba to alibag and from alibag to dapoli expressway should be constructed. This 200 km area should have grid road layout network. It will supply so much area for development that Mumbais real estate prices will collapse by atleast 70%*

[@jackiecooper9439]

Every crisis is linked to the housing crisis and it's profitable to keep the crisis intact.

[@drstrange404]

If it's got the potential to crash prices by 70%... no way the real estate lobby won't let it see the light of the day 😊

[@nikhilanand4775]

Those who came here looking the thumbnails, think school is not a billion dollar company. After interviewing so many billionaire he didn't became billionaire.

[@PhilRadevoushunx-vr1fc]

I’m 52 hoping to end the rat race by 60 with above $100M. I know money is a liability to be exchanged for assets with real value like real estate (properties for rent) stocks (dividends) bonds (interest) But, what is it with bitcoin? I hear a lot about it and I'd love to diversify my portfolio.

[@elenahJunny]

bitcoin does not pay any yield but will reward you with growth that you can't find in any other asset class

[@DomnFrances-ld3wx]

look at the charts, bitcoin has outperformed every stock and banking product ever developed even after multiple pullbacks over the last decade. not a financial advisor but I know what i'm saying

[@brickPalmerm-ki5er]

The key is diversification. Personally, I delegate my investing to an advisor, cos my job doesn't permit the time to perform market analysis myself. Thankfully, my once ago stagnant portfolio has now 5X in barely 4 years, summing up almost 7 figure as of today.

[@WaltRsDave-cs4zc]

i'm blown away! more info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one... they all seem to be involved in either real estate, stocks, or crypto

[@brickPalmerm-ki5er]

Can't share much here, I take guidance from ‘Sophia E Haney’ a renowned figure in her industry with over two decades of work experience. I'd suggest you research her further on the web.

[@helium369]

Expecting more eminent personalities. Congratulations.

[@guptaankush92]

Thank you Ganesh for this interview. We need more of such non-tech stories also. Non just tech businesses

[@arpithams]

The best podcast .. quality of questions !! Topnotch .. as he said … be the first best .. and think school is that first best !!!

[@PUNEETAM20]

I found the answers very scattered and meandering.

[@NitinJoban]

Gauging a person can't be standard query. Niranjan gives very smartly answer Almost is not red flag in everything. Subjtive issues can't be strictly defined at all times especially when there is Team work dependancy

[@anushrutishanker7714]

Wow! Love the way you project the questions. Great conversations!

[@TAS1989]

Ganesh and Team, Thanks for giving us an opportunity to listen to such entrepreneurs!!! I really appreciate you for doing this interviews very professionally.

[@relaxingmusics4726]

Ganesh's fantastic interview, your attitude is admirable, and it's bold and professional instead of a queer act. It's great to witness, and your questions and specific and clear, the same we would like to hear step by step questions on how we all can do that too in nowadays step by step

[@kshitiz12345]

Call ashvini vaishnav on board

[@SanaatanSatyaHai]

Why ? To see another 4k video of Vande Bharat?

[@Darsh_Yadav_2025]

​@@SanaatanSatyaHai ajeet bharti ka video dekhe ho kya😂😂

[@gokulkgm]

Ask how un reserved travels on AC reserved coach. And it spreads to South India too

[@vipashapmehta]

What a man! What an interview! Great great questions!! Kudos to think school. Brilliant job as always!!!

[@RamananThambi]

Hiranandani Apartments is one of the very few homes in Chennai which looks aesthetically stunning. it's near Siruseri IT park, Chennai. This man got a taste...

[@imsarvesh_]

My take away from this video is "Building quality product cost less in long run".

[@swapniltelang2445]

Always

[@georgeanto8549]

Too good! Get him again for project-specific episodes.

[@kundersachin24]

What a classic men. Old school vibe with old world comand in the language.

[@91harshjain]

There should be no compromises in your work ❤

[@user-ge9uo5cm6h]

Thanks for bringing such a great personalities on the podcasts. Just loved it!❤

[@srinivasmadiraju1978]

Beautiful interview. He is a businessman with social consciousness.

[@rishabhvats8626]

Excellent podcast and thank you for not monetizing it.

[@dhavalafamily8373]

Marvelous masterpiece. So many life lessons such as quality is cheap statement. My vision - People should spend more on think school (free today 😀) than a college education (only Cherry on college education is they give a certificate which only makes you unemployed and they ultimately get a job using the wit they developed watching free think school podcast 😀). Great job Ganesh again. TBH 28 years ago chasing the American dream migrated to USA and eventually became a citizen here but if I had to go back in life 28 years ago I would have done exactly what you are doing. Don’t forget- We have You Tube and Indians have Great PM which is all adding up for making Think School a great executable platform .

[@AnkitG12]

Thank you for the time worthy conversation.

[@cat2001]

Admire this man soo much ❤️❤️truly a gem to our nation

[@jackiecooper9439]

46:50 "Opportunity for the young....' Said that in the face of an unemployable civil engineer.

[@jayachandranpr7673]

The Anti-Corruption Bureau of Maharashtra Police on Thursday filed a First Information Report against builder Niranjan Hiranandani and senior IAS (Indian Administrative Services) officer Thomas Benjamin, presently the Additional Chief Secretary of the Urban Development department, among others, on suspicion of their involvement in a land scam worth Rs. 30,000 crore. The scam is about the allotment of 344 acres, which were earmarked for mass housing projects, but which were allegedly used illegally by Mr. Hiranandani for building Hiranandani complex, a renowned location in Powai, Mumbai.

[@skp00005]

Bro u use The work OK a lot . I loved this Podcast. Now a regular listener. But ur questioning style n quality of it are good bro . @ThinkSchool Learned 10+ Lessons 😇👍

[@madhavraje2275]

Carty home message is "trust" in people who so ever is with you to achieve the same target! 😊

[@lamborghani777]

Awesome sir 👍 for the great insight & diffrent perspective 👏👏👏👏

[@VaishnaviBhavsar-il1vd]

Thankful to you both for this amazing podcast, learnt alot through it

[@honey34ist]

Learned a lot and got various business insights

[@beautyofnepal8531]

I am from nepal first i love ganesh works efforts and his way of thinking for making real change , now i fall in love with him.

[@sakshamjain8552]

The end that was done was too quick, I was like "Wait, What? That's it?" Pls make the ending a little more elaborated, Thank you for the Podcast ..

[@aditim5143]

Quality of this podcast 💯

[@050-siddheshgurav4]

Sir your videos are just amazing and i really love watching your content very much. I wanted to know about how investment bank works ...want to know investment banking actually...plz my request to you to come up with this topic also ❤️

[@ayushroy2244]

Brilliant conversation

[@MrArunshekhawat]

Very thoughtful and motivating

[@AP-ko3xy]

I think the interview could have been done better.. few points, don't sit with legs folded up (it's disrespectful), also comprehending "OK" in between with the sharp tone is bad, also some unnecessary fillers (you also have Shahrukh khan) is not required..

[@pranatis2314]

samee

[@LFC_metalhead_guy]

Very valid observation and I hope he sees this and take it as positive feedback

[@rishabhkansal]

Hey been following you for a long time and have been loving the podcasts. I understand that you need to set up your podcast in different locations to accommodate the guests but the sound quality has really been missing

[@sushmitaupadhya5583]

Very nice interview ! I love how you take the conversation along !! (P.S. Stop saying 'okay' so frequently between your guest's words though ... it interrupts the flow of their words)

[@rmohanvel]

simply awesome video..

[@basavamargi6571]

You bring the value and valuable content buddy❤

[@upendharreddy29]

What is the synonymy of QUALITY ? ans:Think school👍

[@upendharreddy29]

We want that problem of going to office (own)at 7am morning and eating two times a day and sleeping in the office.....

[@valentinopereira58]

Thank you for this video.

[@shobinyad6643]

When he spoke about The builder must be punished if they heat the customer, my heart bled. My parents were cheated by a builder of an amount more than 10 lakhs and the Terrace started leaking merely after 4-5 years. Still paying the loan! Damn. This podcast❤️🙏🏻. Learnt few epic lessons about work ethics.

[@shobinyad6643]

*cheat the customer

[@INDYEAH]

You can really decide a persons charecter or workstyle based on the phrases or vocabulary! Words we use depends on the environment we grew !

[@SumitKumar-wz7ys]

Very informative and inspiring

[@kalganmukesh]

Fruitful ❤

[@HarshwardhanLad-cl7si]

You are best podcaster

[@srikrishnanananthakrishnan1419]

Ganesh thanks for great podcasts. I would like you to have podcast on Manufacturing sector, its future and role of AI in it. Does manufacturing business going to alter with Modi 3.0..

[@sandipanmahato5313]

Wonderful podcast Bhaiya ..Can you add timestamp please ❤️

[@nature-lj4sj]

Excellent podcast

[@haria1]

Very Inspiring.....

[@arjungupta2687]

Ganesh bhai... Can you please bring Deepinder Goyal Sir and Nikhil Kamath Sir because both of them have created new age businesses.

[@jahnavisahay8139]

sir please fix the lift of KC College Mumbai. More love to our provost, Mr Hiranandani ~ from all KCites

[@hitesh11111]

Several factors for success, failure Market situation Risk Professionalism Adaptibility

[@Dkfinisherzzz]

One of the only hidden side i saw in my dad is - he was damn professional. Very accurate and no compromise on his work where no one can comment his work or his knowledge in work is bad or mediocre. Even my cousins at this gen were flawed and par quality on work identified by my dad. He always saud his business side is terrible which i doubt as a reason to hide his wealth. But its hard to accept that any one i interacted spoke so highly of him. Except him so i m pretty sure either his venture corbell was successful coz the cruel part and psyche in him to cobtrol my life and monitor 24*7 surely tells he isnt innocent and naive as he Portrayed the image. So his shrwer and evil part he showed on my life + his work ethic and professionalism surely support my assumption.

[@abhishekchakraborty63]

A humble man

[@FreeThougghts5862]

Commenting for reach 🎉🎉

[@anukrititripathi152]

Woww!

[@brunbarbatista]

quality is not expensive in the long run wait but go for only quality guys.

[@shashank4214]

Bro can u make a video on shell companies Why do they exist when lot of scam happens like nirav modi please

[@d-k-1]

No offence but Ganesh has lost his down to earth attitude. He seems very pushy of narratives nowadays and also his body language is a bit "bossy"

[@zyx7955]

Totally agreed 💯💯

[@sauravpandey3122]

Correct even with nitin sir

[@sph8483]

True

[@rashmitanarasagali3034]

True

[@sriyachenna9888]

He didn't have desk to take notes.. he even mentioned about the posture in community blog of youtube. This is a different set as well

[@RahulUdayKumar]

When he mentioned 'concrete roads in his community,' can you delve deeper into that achievement? Specifically, how did he manage to accomplish this? What was his thought process and planning behind the project? how did he handle the financial aspects-what strategies did he use to offset the costs? Did he face any challenges, and if so, how did he overcome them? Let’s get to the root of why he does what he does !

[@robertdowneyjr630]

Awesome ❤❤❤❤❤❤❤❤❤❤❤

[@kalakannan1005]

Our building chennai oragadam total flop in structure and promises and maintenance and everything. We did a blunder thing to purchase to bought a house when we were in Dubai. Without enquiring about that place we did that. Today like us spent in crores to bought the house but today the value reduce at least 50%. Definitely we will spread to entire world especially in Dubai and Singapore.

[@SanthoshKumar-ye3sh]

Which builder?

[@KishorKumar-zz2mm]

Ganesh this episode had good info but it seems to be incomplete. I respect you a lot as you are getting access and talking to people from everyone can learn. At places in the video I saw a. Either you were not prepared (referring to notes, you have set some high standards for yourself ) b. The ending was abrupt In editing these things could have been managed

[@raicemongeorge]

❤❤wow

[@chiragr1336]

👏👏👏 Nice

[@rajatram01]

Lot of questions that can be asked were not asked.Price labour charge future scope