Housing Development and Infrastructure LtdNSE HDIL Stock Report

Housing Development & Infrastructure Ltd. engages in the real estate development and construction of residential and commercial properties and infrastructure facilities. The company is headquartered in Mumbai, Maharashtra and currently employs 286 full-time employees. The company went IPO on 2007-07-28. The Company’s operations spanning every aspect of the real estate business, from residential, commercial, and retail projects to slum rehabilitation to land development. Its residential projects range from apartment complexes to towers to townships. The commercial projects comprise premium office spaces as well as multiplex cinemas. In retail, the Company is focused on building shopping malls. The company also handles slum rehabilitation projects under a Government scheme administered by the Slum Rehabilitation Authority (SRA), offering development rights in exchange for clearing and redeveloping slum lands, while providing replacement housing for the displaced slum dwellers. Its residential projects include Majestic Tower, Whispering Towers, Residency Park II, Planet HDIL, Premier Exotica, Harmony, Metropolis, Galaxy Apartments, Paradise City, Berkeleys Square, Meadows, and HDIL Hyderabad.