is a listed real estate development company in India
, with significant operations in the Mumbai
Metropolitan Region. HDIL's business focuses on Real Estate Development, including construction and development of residential projects and, more recently, commercial and retail projects, Slum Rehabilitation and Development, including clearing slum land and rehousing slum dwellers, and Land Development, including development of infrastructure on land which the company then sells to other property developers. HDIL has an integrated in-house development team which covers all opment from project identification and inception through construction to completion and sale.
Since incorporation in 1996, HDIL has developed 23 projects covering approximately of saleable area, including approximately of land sold to other builders after Land Development, primarily in the Mumbai Metropolitan Region. HDIL also have constructed an additional of rehabilitation housing area under slum rehabilitation schemes.
HDIL's residential projects generally comprise groups of apartments, towers or larger multi-purpose “township” projects in which individual housing units are sold to customers. The commercial projects are a mix of office space and multiplex cinemas. The retail projects focus on shopping malls. They usually follow a “build and sell” model for the properties they develop.
HDIL also undertakes slum rehabilitation projects under a Government scheme administered by the Slum... Read More