Sheikh Mansour's takeover in 2008 heralded a new era at the club, with global stars such as Sergio Aguero, Yaya Toure and David Silva being brought to the Etihad Stadium.
And City's haul of two Premier League titles, the FA Cup and the Capital One Cup in the last three years is evidence for Hart that they are now among the country's footballing elite.
"Doing it for a second time has established who we are and what standards we've got," Hart told the Manchester Evening News in their end-of-season review.
Hart added that City's players are eyeing more silverware next season after representing their countries at the World Cup in Brazil.
"You can't help but move on - we won the league but it's gone," the 27-year-old added.
"The World Cup and next season are in mind now, and we want to do it again."