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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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