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Housing Development and Infrastructure Ltd

HDIL is set to reduce the debt burden by selling land in Mumbai and Hyderabad

HDIL is set to reduce the debt burden by selling land in Mumbai and Hyderabad
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 »

HDIL Plans for a Township in Noida

HDIL Plans for a Township in Noida
A leading real estate company, Housing Development and Infrastructure Ltd. (HDIL), is planning to construct a township in Noida. This 100 acre villa township is going to be its first project outside Mumbai.  Mr. Hari Prakash Pandey, Vice-President, Finance and Investor Relations, HDIL, has revealed that the project will be launched in another 8-10 days [...] Continue Reading »

Slumdwellers and Residents of Housing Societies cannot be on an Equal Footing:HC

Slumdwellers and Residents of Housing Societies cannot be on an Equal Footing:HC
The Bharat Nagar slum development project in Bandra-Kurla Complex will see around 23,000 sq metres of land being cleared of hutments in the BKC business district. In its place, multi-storey towers will come up to house around 1,000 slumdwellers. The petition filed by Rafique Sayyed and three others had objected to the slum rehabilitation project [...] Continue Reading »



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