Niranjan Hiranandani Sounds Alarm: Mumbai's Water Crisis Needs Long-Term Fix

As Mumbai faces fresh water restrictions and construction curbs, industry leaders are warning of both immediate and long-term consequences. In an exclusive conversation, real estatetitan Dr Niranjan Hiranandani, MD, Hiranandani Group argues that Mumbai's recurring water crises are not caused by a lack of water, but by a failure to recycle and reuse it efficiently. Drawing from the Hiranandani Group's experience, he calls for long-term solutions instead of annual emergency measures. Joining the discussion, Dr. Prashant Thakur, Executive Director & Head - Research & Advisory, ANAROCK Group highlights the potential impact on Mumbai's real estate sector, warning that construction timelines, project deliveries and new launches could face disruptions if restrictions persist. Here's why experts believe Mumbai must rethink its approach to water management before the next crisis arrives.