Profile: Housing Development & Infrastructure Ltd (HDIL.NS)

Housing Development and Infrastructure Limited (HDIL) is a real estate and infrastructure development company. The Company is engaged in the development of real estate and slum rehabilitation projects in Mumbai Metropolitan Region. Through HDIL’s subsidiary, HDIL Entertainment Private Limited, HDIL is engaged in developing and operating movie multiplexes under the brand name Kulraj Broadway, as of March 31, 2012, there were five multiplexes operational. The Company operates in one segment, which includes real estate development and construction of residential and commercial properties, infrastructure facilities and all other related activities. During the fiscal year ended March 31, 2012, it launched 8,50,680 square feet of saleable area in suburbs, projects include rehabilitation, as well as sale buildings. On November 30, 20111, HC Infracity Private Limited became the subsidiary of it. HDIL Commercial Properties Private Limited was subsidiary of HDIL up to June 30, 2011.