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

Use my code THINKSCHOOL to get an additional 10% discount!

⭐️ Think School’s flagship Communication course with live doubt sessions :

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?

Our Best Indian Business Case Studies:

✅Study Materials:

Think School is a Digital School that we all deserved, but never had

capital gains tax, long term capital gains tax, short term capital gains tax, capital gains tax real estate, long term capital gains tax on property, 0% capital gains tax, real estate investing, real estate taxes, capital gains tax on property, section 54 of income tax act, capital gains tax filing, cleartax, cleartax itr, cleartax itr filing, cleartax income tax filing, income tax return, income tax return filing 2023-24, itr filing online 2023-24, how to file income tax return, itr 2 filing, itr 3 filing, itr 2 capital gains filing

#thinkschool #businesscasestudy #geopolitics #realestate Fair use - This video is for educational purposes only. All materials used in this video, including images, audio, and video clips, are the property of their respective owners and are used here under the doctrine of fair use. This video is intended to provide commentary, criticism, research, and education on the subject matter. We believe this constitutes a fair use of any such copyrighted material as provided for in Section 107 of the US Copyright Law.

[ThinkSchool]

Use my code THINKSCHOOL to get an additional 10% discount!

[nasanakotakrishnachari]

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 ❤

[relentless.]

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

[formaltechz]

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

[siddhantgala]

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

[sriramansethu]

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

[yadu]

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❤

[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.

[rk_bhartiya]

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

[pritishpatil]

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.

[piyushb]

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

[AP-koxy]

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..

[rupeshghanekar]

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

[jayachandranpr]

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

[zyx]

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

[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.

[lakshmisagarsp]

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!

[ganeriwal]

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

[giftfortoday]

Wish India would be filled with people like this.

[RayCh]

Good Points:
1. Bad Quality is a Crime.
2. Be the best and No.1 at what you are doing.
3. Atomic Habits 1% Better.


Bad Points in the video:
1. Modi Bajan, throughout the interview.
2. Suggesting micro-management, instead of breaking the task into sub-tasks.

Questions which I was expecting:
Should have dig into debt how they have gotten out of it.
What are the strategies which have have used?