Housing Development & Infrastructure Ltd. · NSE:HDIL

Housing Development & Infrastructure — Fact Sheet (December 2023)

16 slides from Housing Development & Infrastructure's fact sheet, December 2023

  1. Slide 1: Housing Development and Infrastructure Limited (HDIL)

    Housing Development and Infrastructure Limited (HDIL) 1

  2. Slide 2: Disclaimer

    Disclaimer The teaser does not purport to be all-inclusive or necessarily to contain all the information that a prospective investor may desire in investigating the Company or its divisions and may be subject to revision or amendment. The teaser contains selected information to assist the recipient

  3. Slide 3: Overview of the Company

    Overview of the Company  HDIL, incorporated in 1996, is a public listed real estate company in India with shares traded on the BSE & NSE Stock Exchanges. HDIL group has completed more than 100 million sq. ft. of construction in all verticals of real estate.  With operations spanning every aspect o

  4. Slide 4: Reasons for Downturn

    Reasons for Downturn  Mounting burden of debt due to the stressed state of liquidity resulting in the Corporate Debtor’s account turning Non-Performing Asset (NPA) from as early as 2011.  Delay in approvals for asset sales and FSI sales linked to the SRA projects from various real estate regulator

  5. Slide 5: Overview of CIRP of the Company

    Overview of CIRP of the Company  Hon’ble NCLT Mumbai Bench admitted the application filed by Bank of India under Section 7 of Insolvency & Bankruptcy Code, 2016 on 20.08.2019 (order received on 26.08.2019). Accordingly, HDIL is undergoing Corporate Insolvency Resolution Process (CIRP).  Mr. Abhay

  6. Slide 6: Overview of CIRP of the Company

    Overview of CIRP of the Company  For the remaining 4 verticals for which no compliant resolution plan was received, the Resolution Professional had filed a Liquidation application with NCLT.  Associations of homebuyers for Palghar project and Galaxy F-Wing project had filed an IA with Hon’ble NCLT

  7. Slide 7: Projects for which EoI is Invited

    Projects for which EoI is Invited I Project Paradise City, Palghar II Project Galaxy Apartment – F Wing, Kurla (W) III Land Parcels at Vasai - Virar IV Dreams The Mall - Bhandup V Tagore Park Building Project - Malad VI Mukta Baug Building Project - Malad VII Rest of the Company including financial

  8. Slide 8: I. Paradise City Palghar

    I. Paradise City Palghar • Paradise City is a Mega Township Project Planned on 86.9 Acres of land out of 169 Acres of free-hold Land. The remaining land has been sold to various developers. The project is a Mix-use development (Residential & Commercial Retail) • The project is planned in 2 phases ac

  9. Slide 9: II. Galaxy Apartment – F wing, Kurla (West)

    II. Galaxy Apartment – F wing, Kurla (West)  HDIL has taken over the development rights of the said property from M/s Fine Developers on 9th July 2007 and conveyance was executed in favour of SRA. Fine Developers is a partnership firm in which HDIL is the 90% partner. Subsequent thereto, SRA has is

  10. Slide 10: III. Land Parcels at Vasai - Virar

    III. Land Parcels at Vasai - Virar Open Land Parcels owned by HDIL S.No. Particulars Location Area (in acres) 1 Sasunavghar Virar (E) 169.91 2 Maljipada Virar (E) 42.00 3 Dongare Virar (W) 28.44 4 Bolinj Virar (W) 17.14 5 Chikal Dongare Virar (W) 7.59 Total: 265.08 10

  11. Slide 11: IV: Dreams -The Mall, Bhandup

    IV: Dreams -The Mall, Bhandup  HDIL had acquired Development rights from M/s. Automobile Products of India Limited (APIL) together with all the benefit arising out of the ownership of the property. HDIL developed the mall in association with M/s Satra Properties Pvt. Ltd. and sold various units to

  12. Slide 12: V. Tagore Park Building Project – Malad West

    V. Tagore Park Building Project – Malad West  Tagore Park society is located on the S V Road in Malad (West) Tagore Park Building  HDIL had entered into a purchase agreement for acquiring this land and structure thereon from Bombay Land Development Corporation in the year 2007. Location: S.V. Road

  13. Slide 13: VI. Mukta Baug Building Project – Malad West

    VI. Mukta Baug Building Project – Malad West  HDIL had entered into purchase agreement for acquiring this land bearing CTS no 583, 583/1 to 53 aggregating to approx 3504 sq. mtrs. and the structure thereon from Mr. Mukta Baug Building Mukesh Shah and others in the year 2008..  The property is loca

  14. Slide 14: VII. Rest of the Company (including financial assets/investments)

    VII. Rest of the Company (excluding the above projects and including Financial assets/investments)  Rest of the Company includes the assets that remain after carving out the previously mentioned verticals viz, I to VI.  The list of assets appearing in the rest of the company is classified into the

  15. Slide 15: VII. Rest of the Company (Cont..)

    VII. Rest of the Company (excluding the above projects and including Financial assets/investments) (Cont..) D. Other Assets: a. Plots owned by HDIL; joint development rights with other parties includes – - Ghorpadi-Bund Garden, Pune; - Sharda Sadan, Dadar; and - Renuka CHS Bandra. b. Galaxy Apartmen

  16. Slide 16: Abhay Narayan Manudhane, Resolution Professional

    Abhay Narayan Manudhane Resolution Professional Email Id : eoi03.hdil@gmail.com Thank You... 16

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