Raj Shamani's Figuring Out cover image

Raj Shamani's Figuring Out

Dr. Hiranandani - The KING Of Real Estate Business Worth 12000 Crores | FO 116 - Raj Shamani

Aug 19, 2023
Real estate tycoon Dr. Niranjan Hiranandani shares his journey from a teacher to building a real estate empire. He discusses the rent vs buy dilemma, aligning business with national goals, eliminating slums in Mumbai, generating profits, and the importance of infrastructure in real estate development.
57:02

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Quick takeaways

  • Owning a home is essential as it is a valuable asset that provides long-term security and cannot be replicated in any other business.
  • Maintaining high-quality construction standards is crucial, and builders should prioritize quality over cost to ensure structurally sound, long-lasting buildings.

Deep dives

The importance of buying a home

Buying a home is seen as a crucial step in creating capital and providing long-term security. The speaker emphasizes that owning a home is essential because it is a basic need that will never become obsolete. They argue that a home is a valuable asset that can never be replicated in any other business. Additionally, they highlight the importance of home loans, which are now readily available to most people at affordable rates.

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