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  • Still have enough assets; ensure to complete construction of MHADA component: HDIL Mar 15, 2018 12:34 PM IST

    Still have enough assets; ensure to complete construction of MHADA component: HDIL

    In a setback for HDIL, Maharashtra Housing and Area Development Authority (MHADA) has accused its subsidiary - Guruashish Construction of a Rs 1,200 crore fraud. In an interview with CNBc-TV18, Sarang Wadhawan, Vice Chairman & Managing Director of HDIL spoke about the latest happenings in his company and sector.

  • Doing one-time settlement with banks for subsidiary debt: HDIL Aug 09, 2017 12:19 PM IST

    Doing one-time settlement with banks for subsidiary debt: HDIL

    HDIL has been reeling under pressure as the National Company Law Tribunal (NCLT) has initiated proceedings against its subsidiary. In an interview to CNBC-TV18 Sarang Wadhawan, VC & MD of the company shared his views on the same.

  • Passage of RERA bill is a landmark achievement: HDIL's Pandey May 02, 2017 09:41 AM IST

    Passage of RERA bill is a landmark achievement: HDIL's Pandey

    In an interview to CNBC-TV18, Hariprakash Pandey, VP-Finance at Housing Development and Infrastructure (HDIL) spoke at length about RERA.

  • Will launch affordable housing projs around Diwali: HDIL Oct 27, 2015 01:24 PM IST

    Will launch affordable housing projs around Diwali: HDIL

    Sarang Wadhawan, vice chairman and managing director, HDIL, says the first phase of the affordable housing project will be to develop five million square feet area.

  • Hike in FSI premium, ready reckoner rates negative: HDIL Mar 19, 2015 10:11 AM IST

    Hike in FSI premium, ready reckoner rates negative: HDIL

    According to Sarang Wadhawan, vice-chairman and managing director of HDIL, builders are likely to pass through the complete increase.

  • Will use proceeds from sale of Guj plot to pare debt: HDIL Mar 04, 2015 01:21 PM IST

    Will use proceeds from sale of Guj plot to pare debt: HDIL

    Mumbai-based HDIL has put up a 113 acre industrial plot for sale, the company said in statement today. Speaking to CNBC-TV18, VP Finance Hariprakash Pandey said proceeds from the sale would be used to pare debt.

  • FSI hike may lead to new breed of developers: Knight Frank Feb 18, 2015 09:02 AM IST

    FSI hike may lead to new breed of developers: Knight Frank

    The Brihanmumbai Municipal Corporation (BMC, in its 20 year development plan, increased the FSI to a maximum of 8. FSI is the ratio of the permissible built-up area to the plot area and was 1.33 for Mumbai city and 1 for the suburbs.

  • Seeing improved sentiments; no serious charges in FIR: HDIL Dec 08, 2014 10:32 AM IST

    Seeing improved sentiments; no serious charges in FIR: HDIL

    Sarang Wadhawan, vice-chairman and managing director of HDIL says the overall sentiment among investors has improved. He adds that volumes of residential projects is seeing improvement.

  • No money was paid to revoke pledged shares: HDIL Sep 30, 2014 10:44 AM IST

    No money was paid to revoke pledged shares: HDIL

    The shares of HDIL surged over 4 percent on the news of promoters revoking all pledged equity shares with IL&FS Trust Co.

  • Will pare debt to Rs 2300cr; prices to rise by 20%: HDIL Aug 19, 2014 10:16 AM IST

    Will pare debt to Rs 2300cr; prices to rise by 20%: HDIL

    Sarang Wadhawan, vice chairman & managing director, HDIL says Mumbai realty's ticket size will be in the Rs 1.2-1.5 crore range.

  • Exposure to HDIL limited, says BoI ED Mar 21, 2013 03:47 PM IST

    Exposure to HDIL limited, says BoI ED

    Bank of India has a loan exposure to HDIL. However, N Seshadri, ED, Bank of India told CNBC-TV18 that their exposure is very limited and it is not concerning.

  • Cut HDIL links in '09; biz dull on approval clamp: Dewan Jan 25, 2013 03:31 PM IST

    Cut HDIL links in '09; biz dull on approval clamp: Dewan

    Kapil Wadhwan, MD, Dewan Housing Finance Corporation clarifies on CNBC-TV18 that his company severed all links, including cross-ownerships, directorships, intercorporate loans and joint holdings, with HDIL since 2009.

  • Sold 1% equity on Tuesday to fund land buy: HDIL's Wadhawan Jan 23, 2013 04:09 PM IST

    Sold 1% equity on Tuesday to fund land buy: HDIL's Wadhawan

    "We are aiming at debt reduction; this move was primarily to fund the land acquisition we had entered into about a year back," Wadhwan explained to CNBC-TV18.

  • To focus on housing over TDRs, for next few quarters: HDIL Nov 21, 2011 12:17 PM IST

    To focus on housing over TDRs, for next few quarters: HDIL

    Real estate builder and developer Housing Development and Infrastructure (HDIL) is all set to shift its focus towards the housing projects over the Transfer of Development Rights (TDRs) market for the forthcoming quarter, says vice chairman and managing director, Sarang Wadhawan.

  • HDIL hopeful for a twist of tale on DLF verdict going ahead Aug 23, 2011 01:35 PM IST

    HDIL hopeful for a twist of tale on DLF verdict going ahead

    Days after Competition Commission of India (CCI) struck a blow of Rs 630-crore penalty on real estate major DLF, rival company HDIL stands by the industry, specifying that everything is in black and white.

  • MMRDA move a big positive for co; TDR will rise ahead: HDIL Jun 06, 2011 10:45 AM IST

    MMRDA move a big positive for co; TDR will rise ahead: HDIL

    Apparently, the MMRDA has started moving slum based families away for the Mumbai airport rehabilitation project to the Kurla facility. Sarang Wadhawan, MD, HDIL said it’s a big positive development for the company.

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