construction founded mumbai 1996 headquarters mumbai india key people rakesh kumar wadhawan chairman revenue rs 8892 crore us 1.8 billion august 2015 number of employees 1142 2012 website www.hdil.in hdil is a listed real estate development company in india with significant operations in the mumbai metropolitan region . hdil s business focuses on real estate development including construction and development of residential projects and more recently commercial and retail projects slum rehabilitation and development including clearing slum land and rehousing slum dwellers and land development including development of infrastructure on land which the company then sells to other property developers . hdil has an integrated in house development team which covers all opment from project identification and inception through construction to completion and sale . since incorporation in 1996 hdil has developed 23 projects covering approximately 19 290 000 square feet 1 792 000 m2 of saleable area including approximately 12 730 000 square feet 1 183 000 m2 of land sold to other builders after land development primarily in the mumbai metropolitan region . hdil also have constructed an additional 1 900 000 square feet 180 000 m2 of rehabilitation housing area under slum rehabilitation schemes . hdil s residential projects generally comprise groups of apartments towers or larger multi purpose township projects in which individual housing units are sold to customers . the commercial projects are a mix of office space and multiplex cinemas . the retail projects focus on shopping malls . they usually follow a build and sell model for the properties they develop . hdil also undertakes slum rehabilitation projects under a government scheme administered by the slum rehabilitation authority sra whereby developers are granted development rights in exchange for clearing and redeveloping slum lands including providing replacement housing for the dislocated slum dwellers . the company has also won the prestigious mumbai airport slum rehabilitation project to rehabilitate the slum dwellers located on 276 acres 1.12 km2 of mumbai airport land . although historically hdil has focused on real estate development in the mumbai metropolitan region as part of their growth strategy they are considering projects in other locations including kochi and hyderabad . they also are considering expanding into hotel projects special economic zone sez developments and mega structure complexes which are large scale mixed use retail commercial and residential developments . hdil s total land reserves comprise approximately 124 800 000 square feet 11 590 000 m2 of saleable area to be developed through 35 ongoing or planned projects . hdil s turnover from sales of projects developed land and land development rights for the financial years ended 31 march 2008 2007 2006 were rs . 2380 crore rs . 1204 crore rs . 434 crore respectively and the restated profit after tax for financial years ended 31 march 2008 2007 and 2006 were rs . 1409 crore rs . 743 crore and rs . 1 172 crore respectively . hdil launched an ipo in july 2007 and is currently listed on the bombay stock exchange bse and the national stock exchange nse . references edit retrieved from https en.wikipedia.org w index.php title hdil & oldid 727670783 categories construction and civil engineering companies of indiacompanies established in 1996hidden categories use dmy dates from september 2015use indian english from september 2015all wikipedia articles written in indian english navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 30 june 2016 at 14 07 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view