Niranjan Hiranandani, brother Surendra divide some large joint realty projects in Mumbai region

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Niranjan and Surendra Hiranandani are also running separate real estate companies and developing projects but they continued to own many real estate projects and properties jointly.

While Niranjan Hiranandani is founder chairman and managing director of Hiranandani Communities, Surendra Hiranandani is chairman and director of House of Hiranandani, which has projects in Bengaluru and other cities as well.

House of Hiranandani group declined to comment. Niranjan Hiranandani-led group has around 2,000 acres of land bank across major cities for the development of housing, commercial, data centre and warehousing projects.

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Niranjan Hiranandani's son Darshan is heading the company's data centre firm Yotta Infrastructure and also an energy company. It recently made a foray into the technology-led consumer services business with an initial investment of Rs 1,000 crore.

The new venture -- Tez Platforms -- will focus on opportunities in the arena of social media, entertainment, gaming and e-sports, e-commerce, personal mobility, artificial intelligence and blockchain-linked solutions.