Housing Development & Infrastructure


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As of on the National Stock Exchange of India ∙ Minimum 15 minute delay


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Latest Developments


Housing Development And Infrastructure Informs Of Resignation Tendered By CFO

India's Economic Offences Wing Arrests HDIL Directors Sarang Wadhawan And Rakesh Wadhawan In PMC Bank Case - ET Now

India's Govt Official Says Serious Fraud Investigation Office Will Probe HDIL In Punjab & Maharashtra Co-Operative Bank Scam


About Housing Development & Infrastructure

Housing Development and Infrastructure Limited (HDIL) is a real estate development company engaged in real estate activities with own or leased property. The Company has operations in the Mumbai Metropolitan Region. It operates is various aspects of real estate business, ranging from residential, commercial and retail projects, to slum rehabilitation to land development. Its residential projects include apartment complexes, towers and townships. Its commercial projects include premium office spaces and multiplex cinemas. In retail, it is focused on building shopping malls. It also handles slum rehabilitation projects under a government scheme offering development rights in exchange for clearing and redeveloping slum lands, while providing replacement housing for the displaced slum dwellers. Its commercial and retail projects include Dream Mall, Harmony Mall, Annex Mall, Kulraj Mall and HDIL Industrial Park. Its residential projects include Hill View, Dreams and Dheeraj Affaire.


Construction Services

Contact Info

HDIL Towers, 9th Floor,

Anant Kanekar Marg,Station Rd, Bandra(E)




Executive Leadership

Rakesh Kumar Wadhawan

Executive Chairman of the Board

Sarang Wadhawan

Vice Chairman of the Board, Managing Director

Raj Kumar Aggarwal

Non-Executive Independent Director

Sandhya Baliga

Non-Executive Independent Director

Hazari Lal

Non-Executive Independent Director

Key Stats

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Price To Sales (TTM)
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Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)

Latest News

Latest News

India's fraud-hit PMC asked other major banks for merger - administrator

India's fraud-hit PMC Bank has approached other banks over a possible merger even as its efforts to recover funds from a big borrower have been disrupted by the coronavirus pandemic, the bank's administrator said in a court filing seen by Reuters.

India's central bank extends curbs on PMC Bank for three months

The Reserve Bank of India (RBI) on Saturday extended regulatory restrictions on Punjab and Maharashtra Cooperative (PMC) Bank for another three months until June 22 as it works on a plan for the bank's recovery.

Indian court jails former MD of PMC Bank as fraud probe deepens

An Indian court on Thursday sent the former managing director of Punjab and Maharashtra Co-operative (PMC) Bank, Joy Thomas, to jail as a probe into an alleged 43.55 billion rupees ($610 million) fraud intensifies.

Indian police arrest former MD Thomas of fraud-hit PMC Bank

Indian police on Monday arrested Joy Thomas, the former managing director of Punjab and Maharashtra Co-operative Bank (PMC), which has been accused of creating fictitious accounts to hide loans, a spokesman for Mumbai Police said on Friday.

India's PMC Bank created over 21,000 fake accounts to hide loans: complaint

Punjab and Maharashtra Co-operative Bank (PMC) used more than 21,000 fictitious accounts to hide loans it made, according to a police complaint lodged by Indian officials, in the latest banking fraud case to spook the country's depositors and investors.

UPDATE 2-Indian shares slide as banking, realty stocks hammered

Indian shares fell 1% on Tuesday, as investors fretted about the exposure of major banks to the troubled real estate sector, compounding worries about a slowdown in economic growth.

Indian shares slip as banks lose ground; Indiabulls dives 34%

Indian stock indexes fell on Monday following a raft of negative news in the banking and real estate sectors, with shares in Indiabulls Housing Finance Ltd falling 34%.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.