Key Developments: Housing Development & Infrastructure Ltd (HDIL.NS)
Latest Key Developments (Source: Significant Developments)
Business Standard reported that Housing Development & Infrastructure Ltd is looking to sell 70 acres of land in Kochi in Kerala to mobilise resources. According to an analyst The Company is been selling development rights and land parcels to reduce its debt and fund projects and it is a part of Company's strategy to mobilise funds. Full Article
MUMBAI - Housing Development and Infrastructure Ltd (HDIL) said on Tuesday its promoters have not paid interest on a mortgage loan taken for personal use and that they are working with the lenders to resolve the issue.