Housing Development and Infrastructure (HDIL)
HDIL, leading real estate builder/developer in Mumbai, launches affordable housing project at Kurla Mumbai. The project offers 1 and 2 BHK flats and close proximity to airports, railway stations, educational institutes and hospitals. The project, HDIL Premier Legend, offers superior amenities like a gymnasium, kids play area and landscaped garden among others. It offers spacious [...] Continue Reading »
There is a new trend which is visible in the market. The realty sector is grappling with the economic slowdown and reeling under the pressure of debts. To reduce the debt burden, many realty players are selling off their debts and using that fund to partially pay off their debts. Following the same path, realty [...] Continue Reading »
The realty firm Housing Development and Infrastructure Ltd (HDIL) has announced that they will sell their stakes in the 100 acre land parcel which they own in Kukatpally in Hyderabad and some of their commercial projects in Mumbai in FY 15. The reasons stated behind the decision are as follows- Post the elections the market [...] Continue Reading »
On Wednesday, shares of real estate firms fell by up to 9 percent; thanks to selling pressure. While the benchmark index – the S&P BSE Sensex – witnessed a 0.22 percent plunge, some sectoral indices cracked almost 5.3 percent. The top loser among the sectoral indices was the S&P BSE Realty index. Prior to the [...] Continue Reading »
Housing Development and Infrastructure Limited (HDIL), a leading developer recently sold a 15.5-acre at a loss of around Rs. 42 crores. This plot was bought from B M Khaitan group for Rs 115 crore and was sold with a deal of Rs. 29 crore less than purchased amount. This land dealing has surprised all the [...] Continue Reading »
