What we do Housing Development and Infrastructure Ltd is a premier real estate developer in Mumbai Metropolitan Region focused on residential, commercial, infrastructure, and slum rehabilitation projects. |
Founded in 1,996 |
Market share Significant presence in Mumbai real estate with diversified portfolio including residential, commercial, multiplexes, and SEZ development. |
Problem solved Provides modern housing and commercial spaces while improving living conditions via slum rehabilitation projects. |
Top clients or who we serve B2C residential buyers, commercial tenants, and government bodies for infrastructure and slum rehabilitation projects. |
Key management - |
Our journey and innovations Completed 24 projects totaling 11.3 million sq.ft since 1996; launched multiplex business and SEZ projects; active in slum rehabilitation and joint ventures with government bodies. |
Where we operate Mumbai Metropolitan Region, including areas like Kurla, Mulund, Palghar, Andheri, and Virar. |
Top products or what we offer Residential and commercial properties, multiplex operations under Kulraj Broadway, slum rehabilitation projects, and Special Economic Zones. |
Top brands Kulraj Broadway multiplex brand; Paradise City and Residential Park residential projects; Harmony retail projects. |
Raw materials needed Cement, steel, construction materials, finishing goods, and related infrastructure supplies. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical tied to real estate market cycles and project sales. |
Our industry position Established leader in Mumbai real estate with strong land bank and diversified business segments. |
Financial highlights FY2018-19 standalone revenue ₹583.76 crore; net profit ₹95.72 crore with stable profitability. |
Geographical revenue split Revenue primarily from Mumbai Metropolitan Region, no significant international operations. |
Order book - |
Whats driving growth Urbanization, government slum rehabilitation initiatives, multiplex expansion, and SEZ development are key growth drivers. |
Our future plans Ongoing projects across Mumbai region; focus on debt reduction via land monetization and new residential/commercial launches. |
Our green promise Committed to energy conservation, green building technologies, low VOC paints, LED lighting, and sustainable construction practices. |
Our people and values Culture emphasizing safety, efficiency, and sustainability with adherence to corporate governance and ethical standards. |
Key challenges ahead Market volatility, regulatory changes, and ensuring financial stability amid debt repayments. |
Interesting facts Pioneer in Mumbai's slum rehabilitation projects and diversified from traditional real estate into entertainment and SEZ sectors. |
Risks and strategy Managing debt, regulatory compliance, and market fluctuations with focus on asset monetization and risk mitigation. |
