Often referred to as the “City of Dreams,” Mumbai is notorious for its lack of open space and crowded, narrow streets. The majority of Mumbai residents embrace these difficulties as a natural part of city life, but one individual chose to change his perspective by building an extravagant 25,000-square-foot penthouse in Powai, which is located in the centre of the city.
Leading Indian real estate tycoon Niranjan Hiranandani recently debuted his expansive 25,000-square-foot penthouse in Powai. In an interview with Sharan Hegde, a developer of financial information, Hiranandani revealed his penthouse. The video displays its magnificent architecture and magnificence, offering an exceptional illustration of an opulent lifestyle that surpasses Mumbai’s spatial limitations and establishes new benchmarks for extravagance.
The movie, which is titled “You Won’t Believe What’s Inside Hiranandani’s 25,000 Sq Ft Luxury Penthouse,” has quickly become popular on YouTube. Hiranandani stated in the video that he always struggled with Mumbai’s infrastructure and clogged streets, so he made the decision to build an independent township with well-built roads, effective drainage systems, and lots of green space.
“I lived in the Lokhandwala Complex in Andheri,” he claimed. “There, we constructed eleven buildings. The problem was that there was no stormwater drain and the roads were poor when I looked outside the building. There were no sewer pipes, no water supply, no street lights—nothing. In the end, I came to the realisation that I wanted to create something where I built every road and everything. Powai was dreamt of for that reason. My family members were among those who believed I was insane.”
Mumbai is unusual in that its penthouses have breathtaking views of both Powai and Vihar lakes. Niranjan also notes that because of the considerable vegetation and careful urban design, the temperature in his estate is about 2°C cooler than the rest of the city.
Sharan Hegde, a financial content developer, questioned Niranjan on whether or not to purchase a home and the right amount to spend. The latter responded, “Purchasing a home is an investment and a means of safeguarding your future in addition to being a place to live. Whether it’s in Bangalore, Mangalore, Mumbai, or somewhere else, I advise you to invest in a home. The most crucial thing is to think of it as your security and safety. Determine how much you can afford to pay each month for the house, make a down payment, and stick to your monthly payment schedule.
“If the house is worth Rs 1 crore, your annual income should be around Rs 20 lakh,” he says, giving sound investing advice. This method offers a useful standard for long-term financial planning and affordability.
Source: The Times of India
