Early Life
Asok Kumar Hiranandani's story begins with his family's roots in the textile business. Along with his older brother, Raj Kumar, Hiranandani inherited a textile business from his father. They transformed it into a chain of clothing stores before expanding into real estate development.
Rise to Success
In 2011, Asok Kumar Hiranandani separated from his brother, Raj Kumar, and divided their property empire. This marked a pivotal moment, with Asok heading Royal Group Holdings. Royal Group's portfolio includes hotels, shopping malls, office towers, and residential serviced apartments across the Asia-Pacific region. Key properties include the Sofitel Singapore Sentosa Resort and the Royal One Phillip office building in Singapore. He is also expanding the group's diverse real estate ventures with projects such as the DoubleTree by Hilton Hotel Kuala Lumpur, Intercontinental Sydney Double Bay Hotel, and The Singapore Resort & Spa Sentosa.
Key Business Strategies
A significant strategy has been to reinvest in new projects and focusing on prime locations. The Royal Group has a history of acquiring properties in strategic locations and redeveloping them. The group aims to enhance the districts in which it invests, develops, and operates. Key projects include the Raffles Sentosa Resort & Spa and redevelopment of Ming Arcade in Singapore.
Philanthropy
Information regarding Asok Kumar Hiranandani's specific philanthropic activities is limited. The Hiranandani Group, in general, has focused on creating better experiences in every aspect of life, including education and healthcare.
