Niranjan Hiranandani Family to Invest Rs 3,500 Crore in Oil and Gas Sector

The Hiranandani Group is considering launching an office REIT within 6-12 months, with a portfolio of 7 million square feet of commercial real estate in Powai and Thane. The group’s data centre business, Yotta, is also growing rapidly, with its revenue expected to match or exceed that of the residential segment. This is the latest Niranjan Hiranandani news highlighting the group's diversification and future growth at https://www.moneycontrol.com/n....ews/business/real-es

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May consider launching REIT in 6-12 months, data centre business growing very fast: Niranjan Hiranandani
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May consider launching REIT in 6-12 months, data centre business growing very fast: Niranjan Hiranandani

Investors' interest is also strong in Yotta, the group's pure-play data centre arm. Revenue from Yotta is slated to equal or exceed that of the group's residential business over the next few years, according to Niranjan Hiranandani.