HDIL to sell development rights of land parcel in Mumbai for Rs 649.51 crore

Housing Development And Infrastructure Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 532873 | NSE: HDIL

22 Dec 2015 Evaluate

Housing Development and Infrastructure (HDIL) has registered a development agreement with DK Realty (India) to sell the development rights in respect of the piece and parcel of land situated at Kurla, Mumbai, for a consideration of Rs 649.51 crore.

HDIL is a real estate development company. Its business activity comprises of construction and development of residential projects, commercial, retail and slum rehabilitation projects. It is also engaged in construction of special economic zone (SEZ).

Peers

Company Name	CMP
Lodha Developers	1085.80
Prestige EstatesProj	1427.85
Dilip Buildcon	405.85
DLF	623.00
Oberoi Realty	1710.20
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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045

Compliance Officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com	Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com	Telephone: +919860919463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com	Telephone: +919175899463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.