The Hiranandani Group's Strategic Investments in Oil and Gas and Real Estate Diversification

The Hiranandani Group, renowned contributors to the real estate industry intended to place a sum of 3500 crore rupees as an investment into the oil and gas sector. This move is indicative of their strategic vision for diversification and long-term growth. Over the next ten years, Niranjan Hiranandani, co-founder of the Hiranandani Group, has indicated that they will either develop or sell, or divide joint assets, pointing to a cautious approach in choosing which investments to make.

Therefore, his choice to enter the LNG terminal business is not only calculated but also a reflection of their unwavering devotion to inventive advancement and spirit of innovation. With the potential to power India's next energy revolution with a clean, efficient supply of energy, LNG is seen by the Hiranandani Group as a reliable energy source for the future.

His son Darshan Hiranandani himself led the LNG terminal push. His company H-Energy, a subsidiary of Hiranandani Group, took over operation at the first Maharashtra terminal. The group shows through this that it is willing to consider other avenues for growth beyond its central business.

Nonetheless, real estate development remains their priority. Currently worth around 2000 acres, according to Niranjan, there is no hurry in dividing their massive land holdings.

The vision of Niranjan Hiranandani's future hinges on extensive land resources enabling continuous growth and project implementation for a decade ahead. With 2,000 acres of land banked, the group is well prepared to undertake several such large projects simultaneously. The pace of project execution has been accelerated, and in 2016 alone five projects like Powai were launched, which underlines the company's commitment to operational efficiency and timely delivery.

Niranjan Hiranandani, who is the head of this family, disclosed their grand plans stating that they are looking at the long-term perspective. "It’s either we will develop or sell or divide the joint assets. We’re not in a rush to do it; I think it will take about ten years," he said revealing his cautious and patient approach in conducting business.

As part of its growth strategy, under the leadership of Darshan Hiranandani, the Hiranandani Group is readying itself for transformation as it plans to have a professional CEO for its energy business shortly. This move marks a transition to a more structured and professionally managed way of doing things in business operations.

The Hiranandani family's strategic investments in oil and gas, alongside their foray into industrial warehousing parks, signify a premeditated manner of business expansion and long-term survival. With its strong real estate background and clear foresight about its dream, the group is well-positioned to grow bigger as well as have success in the emerging Indian business landscape.