Claimed sources to www.propertykhazana.com says, a bicker might be in the advanced phase between the son and daughter of Niranjan Hiranandani, the co-founder of Mumbai based realty and construction chief Hiranandani Group and he is having qualms whether the business gets splintered. Though, its MD Niranjan Hiranandani has repealed the potentials by saying that the company is not getting split or divided in connection with the partnership share or the real estate trade. He said that, “It is common having the differentiation among the two persons in the same family and there is no question of separation. Priya’s (daughter) allege is in terms of finance and not the profit share in the realty business.” Niranjan was ranked 41st in Forbes catalog under the category of richest Indians for 2011 who is totally worth of $1.27 billion is managing real estate, social communications and Hospitality trades of the group.
According to the sources available with www.propertykhazana.com, foreign real estate business of the group and next power project is handled by Darshan (son) and Priya Hiranandani Vandrevala is out of London and co-controls the Hirco Plc which is scheduled on the Alternative Investment market of the London Stock Exchange. The private inquisition has been passed out by the Mumbai Crime Branch and has shown that Priya might be behind the suspected hard work to holdup Darshan’s ambitious power venture at Maval in Pune of 2,500 MW. Niranjan said that, “We still don’t know if Priya is really caught up in this matter, if so this will be very depressing thing to me.” If Priya carry on to keep hold of her venture in Hirco which in return has two township ventures in Chennai and Panvel.
Source: NIMMA BENGALURU
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