Latest News FEMA row : No Foreign Exchange Violations found - Niranjan Hiranandani

 


Following the recent ED search at the Hiranandani group premises, no violation was found in the Foreign Exchange case. The search operation was carried out across Mumbai, Powai, Thane, and Panvel on Thursday.

 According to the official spokesperson of Hiranandani Group,” We have extended full cooperation to the department by facilitating all the relevant information and clarification sought by them. Since the inquiry pertains to a 15-year-old development, it took time to dig out old records. The group understands that ED is satisfied that there were no FEMA violations. The group will remain cooperative and law-abiding.”

Founded by Niranjan Hiranandani, Hiranandani Group is an acclaimed business house that specializes in real estate development. His son Mr Darshan Hiranandani is the CEO of Hiranandani Group and spearheads expanding businesses like Oil & Gas, Data Centres, Logistics etc.

Projects by Hiranandani Group 

Hiranandani Group has recently launched projects in Panvel and Chennai. By creating a self-sufficient township enriched with stunning architecture and cutting-edge services, they have built a reputation. Like all other projects, Hiranandani Fortune City, Panvel provides exceptional living spaces with state-of-the-art amenities that are designed to meet the needs of its residents. The apartments are spacious and well-furnished with all modern amenities to aim for an elevated lifestyle.

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