Real estate builder and developer Housing Development and Infrastructure (HDIL), reported a slump of 12.5% (YoY) in profits for the first quarter of FY12. Addressing the press, Sarang Wadhwan the compnay’s managing director said that going forward; it does not expect to see a huge increase on the volumes of TDRs (Transfer of Development Rights).
first published: Aug 12, 2011 05:04 pm
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