Transformation of Powai

Date : August 27, 2021

The Man Who Saw Tomorrow

“Rome was not built in a day”

Mumbai city’s Central Business District of Powai is synonymous with the concept of an urban city hub that caters and houses some of the premium real estate projects in the city today. Once a catnapped suburban tucked away from the city center, today it has the grandeur and spectacularity of a refined and developed neighborhood. This monumental transformation of Powai didn’t happen place overnight.

Earlier known as Powai valley, it included a central village and quarry land. The Britishers developed the Powai lake in 1891 to enable water supply for the city of Mumbai. In 1958, IIT Mumbai was established which became the second marker of the locality of Powai after the Powai lake.

The transfiguration of Powai took the vision and perseverance of one man- Dr. Niranjan Hiranandani who had a visionary idea about the concept of an urban township back in the 1980s. After a perilous process for the search of a perfect landmass to start their project, Dr. Niranjan Hiranandani stumbled upon 250 acres of barren quarry landmass and bought it. It was situated beside the Powai lake and from there on the dawn of a new legacy started in the Indian real estate sector.

During the early days of his real estate venture after the acquisition of the Powai land parcel, people ridiculed him and questioned his sanity about imperiling such an out-of-the-box project, far away from the city center. But Dr. Niranjan Hiranandani had already envisioned a future that nobody in India had ever dreamt of at that point in time. With the onset of globalization merged with migration into the city, Mumbai was perceived as a ‘dynamo’ in the making by him.

Dr. Niranjan Hiranandani took upon the task of unearthing the diamond which was heaps beneath under the huge land parcel situated out of the city centers of Mumbai. For Dr. Hiranandani, it was a huge plain canvas waiting to be filled with vivacity, spirit, and life.

Dr. Niranjan Hiranandani is a prudent visionary thinker who foresaw the future and invested himself in building a future-proof mixed-use integrated township. Concepts such as ‘sustainability, eco-friendly, and bio-diversity weren’t in vogue during the 1980s and the 1990s for people to agonize and hop on the bandwagon. . While the whole country was rejoicing and reaping the fruits of fast-paced globalization happening across the country, he prognosticated the future and engaged himself with a ‘Master Plan’ to counter and modulate the rate of change.

Dr. Hiranandani’s farsightedness and the passion to create a superlative stature of an integrated township took over and today it serves as a barometer for the real estate sector which is both timeless as well as future-proof. Hiranandani Gardens, Powai township hence incited a new benchmark in the history of the Indian real estate sector and elevated the sector to scale new heights. He is a pioneer in building a mixed-use self-sustainable integrated township centered around community living forming an oasis for the cramped city of Mumbai, in turn giving the city the much-needed zeal of fresh air and structure.

Dr. Niranjan Hiranandani is accredited by the industry as the man who has redefined the skyline of Mumbai. The Czar of Indian real estate, his paradigm of work encompasses the ingenious picture for the nation’s growth and development as well. His passion and hunger to lead India towards a new era of development equipped with innovation, sustainability, and customer experience remain his focal point.

Age is just a number in Dr. Niranjan Hiranadani’s books where he has ‘re-tired’ himself is now ever more energetic and focused to scale new heights. His untiring zest for excellence and hard work has proven to have shattered many glass ceilings. His rich legacy of wisdom and experience is an aspiration for the many entrepreneurs and start-ups of the nation. He has been a magnanimous philanthropist and entrepreneur who have been working persistently to dream and paint a new India.

From there on, Powai progressed towards a global renaissance inching towards the dawn of a new era

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