Realty of India
Property Match Maker
Realty

Live ticker showing recent property activity.

Rishta Live
Amina from Hyderabad matched with Joseph — 3 BHK in Gachibowli
Plot listed in Sector 108 Emaar Mohali, Rupnagar by Nirmail
Vikram from Pune matched with Anita — 4 BHK in Koregaon Park
3 BHK listed in Thaltej, Ahmedabad by Amish
Karan from Gwalior matched with Rohan — 2 BHK in Phool Bagh
5 listed in Mohali, Mohali by Nirmail
Harleen from Mohali matched with Amritpal — 3 BHK in Sector 70
4 BHK listed in Satellite, Ahmedabad by Amish
Meera from Delhi matched with Faisal — 1 BHK in Dwarka
Office Space listed in Zirakpur, Zirakpur by Abhishek
Priya from Mumbai matched with Sandeep — 2 BHK in Bandra West
3 listed in South Bopal, Ahmedabad by Satish
Arjun from Bangalore matched with Lakshmi — 3 BHK in Indiranagar
3 BHK listed in Aarohi Vibhag B South Bopal, Ahmedabad by Satish
Zoya from Lucknow matched with Ravi — 2 BHK in Gomti Nagar
Property listed in Times Blue Haven Pipan Ahmedabad, Ahmedabad by Satish
Devraj from Ahmedabad matched with Mehul — 4 BHK in Vastrapur
5 BHK listed in Basant Bahar Rd, Ahmedabad by Satish
Reema from Indore matched with Praveen — 2 BHK in Vijay Nagar
4 BHK listed in Science City, Ahmedabad by Paresh

HDIL

Founded 1996 · 30 years in real estate · CIN: L70200MH1996PLC141420

Housing Development and Infrastructure Limited (HDIL) is a Mumbai-based real estate company incorporated in 1996 and listed on Indian stock exchanges (BSE/NSE). The company built its reputation as one of India's largest slum rehabilitation developers, executing redevelopment work under the Slum Rehabilitation Authority (SRA) framework and reporting over 4.31 million square feet of rehabilitation housing delivered. Major projects include Premier Exotica and Whispering Towers in Mumbai, the HDIL Towers building in Bandra East, and Phase 1 of the Mumbai Airport Slum Rehabilitation Project intended to rehouse around 20,000 slum dwellers from the Vile Parle, Santacruz and Sahar areas. The company is headquartered at HDIL Towers, 9th Floor, Anant Kanekar Marg, Station Road, Bandra East, Mumbai 400051. Its suspended promoter-directors are Rakesh Kumar Wadhawan and his son Sarang Wadhawan. HDIL was admitted to corporate insolvency under the Insolvency and Bankruptcy Code in 2019. The Wadhawan family was subsequently arrested in connection with the Punjab and Maharashtra Co-operative (PMC) Bank fraud case, which the Enforcement Directorate has investigated under the Prevention of Money Laundering Act, and the Central Bureau of Investigation also booked them in October 2020 in a separate Rs 200 crore alleged loan fraud matter involving Yes Bank. Lender filings also recorded large defaults to other banks including a Rs 279 crore default reported by Indian Bank. The Mumbai bench of the NCLT later approved resolution plans in 2022, with Adani Properties cited as the sole compliant bidder for two HDIL asset clusters under a plan valued at over Rs 2,000 crore.

Contact HDIL
Website ↗ · +91-22-67889000
Founded 1996

Are you HDIL?

This developer hub on Realty of India is unclaimed. Claim it to post your projects, manage incoming buyer interest, and place featured ads across the platform.

Claim HDIL →

Already onboarded as another developer? Open your dashboard.

Questions about HDIL

Where does HDIL operate?
HDIL is headquartered in Mumbai and has historically focused its real estate and slum rehabilitation projects on the Mumbai Metropolitan Region.
When was HDIL founded?
HDIL was incorporated in 1996.
What kind of projects does HDIL build?
HDIL has developed residential apartments, commercial properties and large slum rehabilitation schemes, including projects under the Mumbai Airport rehabilitation program.
Notable projects by HDIL?
Notable HDIL projects include Premier Exotica, Whispering Towers in Mulund West, HDIL Towers in Bandra East and the Mumbai Airport Slum Rehabilitation Project.
What is HDIL's current corporate status?
HDIL was admitted to the Corporate Insolvency Resolution Process under the Insolvency and Bankruptcy Code in 2019, and the NCLT Mumbai bench has been overseeing resolution proceedings; the company's affairs have been administered by a Resolution Professional.
What controversies are associated with HDIL?
HDIL promoters Rakesh Kumar Wadhawan and Sarang Wadhawan have been investigated and arrested in connection with the PMC Bank loan fraud case, with the Enforcement Directorate pursuing action under the Prevention of Money Laundering Act, and were also booked by the CBI in October 2020 in a separate alleged Rs 200 crore Yes Bank loan fraud.

Looking for properties from HDIL?

Tell us what you're looking for and brokers across India will reach out when HDIL (or comparable developers) have matching inventory.