Mumbai, famous for its cramped living spaces and overcrowded roads, is home to one of the most extravagant penthouses that redefines luxury. Real estate magnate Niranjan Hiranandani, whose net worth stands at $1.4 billion, recently opened the doors to his breathtaking 25,000-square-foot penthouse in Powai, showcasing an opulent lifestyle amidst the city’s challenges.
Hiranandani, co-founder and managing director of the Hiranandani Group, shared an exclusive tour of his penthouse during an interview with financial content creator Sharan Hegde. The video, titled “You Won’t Believe What’s Inside Hiranandani’s 25,000 Sq Ft Luxury Penthouse,” quickly went viral on YouTube, captivating viewers with its grandeur and elegance. The residence offers stunning panoramic views of Powai and Vihar lakes, making it one of the most desirable properties in Mumbai.
In the video, Hiranandani reflected on the city’s poor infrastructure that motivated him to build Hiranandani Gardens in Powai. The township, developed on previously barren quarry land, now boasts efficient roads, a robust sewage system, and abundant greenery—features that were sorely lacking in many parts of Mumbai. He recalled his early frustrations while living in the Lokhandwala Complex in Andheri, where basic amenities were missing, and vowed to create a space where everything would be meticulously designed by him.
Hiranandani also shared his advice for prospective homeowners. He emphasized that buying a house isn’t just about finding a place to live, but about making a long-term investment. He recommends that homebuyers view their purchase as a way to secure their future, advising that the value of a house should be approximately five times their annual income. For example, for a house worth Rs.1 crore, the buyer’s annual income should be around Rs.20 lakh.
The video provides an inside look at the luxurious home and insights from Hiranandani’s experiences in reshaping Mumbai’s landscape, solidifying his reputation as one of the city’s most influential developers.
