Housing Development & Infrastructure Ltd logo

Housing Development & Infrastructure Ltd

NSE: HDIL BSE: 532873

₹1.33

-0.04 (2.92%)

Thu, 29 Oct 2026, 02:00 am

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Market Cap (in Cr)63.99
PE Ratio0
Dividend0
FinanceFinance
Real Estate DevelopmentReal Estate Development
24.5K24.5K

Housing Development & Infrastructure Ltd Company History

1973

1973

  • The Wadhawan Group was founded by the late Mr. Dewan Kuldip Singh Wadhawan.
  • The Wadhawan Group completed its first residential building named Kapil Kunj at Vasai.

1978

1978

  • All projects of the Wadhawan Group came under the brand name of Dheeraj.

1996

1996

  • The company was incorporated as Housing Development and Improvement India Private Limited.

2001

2001

  • The company's subsidiary, Privilege Power and Infrastructure Private Limited, built The Mall project in Malad, Mumbai.

2004

2004

  • The company purchased 30 acres of land from Automobile Products India Limited on LBS Marg, Mumbai for the Dreams project.

2005

2005

  • The company completed Dheeraj Arma comprising commercial premises in Bandra, Mumbai.
  • The company sold 548 units in the Dreams project on the first day of opening of the booking.
  • The company sold FSI measuring 0.5 million sq. feet at Bandra Kurla Complex, Mumbai to Wadhwa Constructions.
  • The company sold FSI measuring 0.7 million sq. feet at Mulund, Mumbai to Nirmal Lifestyles.
  • The company sold FSI measuring 10.7 million sq. feet at Virar to Evershine Developers.

2006

2006

  • The company received in-principal approval from the Government of India for establishing a multi-product Special Economic Zone at Vasai, Maharashtra.
  • The company received in-principle approval from the Government of India for establishing a Special Economic Zone for the multi-service sector at Vasai, Maharashtra.
  • The company signed an MoU with the Adani Group for the sale of rights in land at Bandra Kurla Complex, Mumbai.

2007

2007

  • HDIL entered into an MOU for purchase of 8.32 acres of property belonging to Kilburn Engineering Ltd at Bhandup.

2008

2008

  • The company issued Bonus Shares in the Ratio of 2:7.

2009

2009

  • HDIL announced the launch of Majestic Tower.
  • MMRDA and HDIL jointly announced the largest Rental Housing Project.

2010

2010

  • HDIL launched Metropolis Tower with a prestigious deal with Future Group.
  • HDIL launched Residency Park in Virar West.
  • HDIL announced the launch of a new Slum Rehabilitation project at Santacruz.

2011

2011

  • HDIL announced the dream project of Cybercity at Kalamassery, Kerala.
  • HDIL executed the largest SRA project for rehabilitation of approx. 85,000 slum dwellers under expansion and modernization of Chhatrapati Shivaji International Airport, Mumbai.
  • Mr. Sarang Wadhawan, MD of HDIL, received the Young Achiever Of The Year award by Realty Plus Excellence Awards.

2012

2012

  • HDIL launched Residency Park II in Virar, Thane.

2013

2013

  • HDIL launched 54 Corporate Park in Santacruz, Mumbai.

2014

2014

  • HDIL-Privilege Power and Infrastructure Private Ltd received environmental clearance from the State Environment Impact Assessment Authority.

2017

2017

  • The company launched a new project 'The Nest' at Mulund, Mumbai, under the affordable housing brand 'Budget Homes'.
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