Housing Development News and Updates

Keep track of all breaking news on Housing Development from all sources in a single place.

Housing Development & Infrastructure Ltd.

02 Jul 2025

2.06

-0.48%

NCLT Approves Adani Properties' Bid For Two HDIL Assets In Mumbai

NDTV Profit

The Mumbai bench of NCLT approved the resolution plans under Section 31 of the IBC, 2016, on June 27.

Housing Development has lost -27.21% in the last 6 Months

NCLT approves Adani Properties' bid for two HDIL assets in Mumbai

Business Standard | 02 Jul 2025

Housing Development & Infrastructure Ltd.

19 Dec 2023

2.06

-0.48%

HDIL Standalone September 2023 Net Sales at Rs 0.44 crore, up 46.81% Y-o-Y

Moneycontrol

Housing Development has lost -47.72% in the last 1 Year

Housing Development & Infrastructure Ltd.

12 Apr 2023

2.06

-0.48%

Yes Bank founder Rana Kapoor gets bail in money laundering case involving HDIL

Business Today

Rana Kapoor got bail in a case pertaining to irregularities worth Rs 900 crore in a loan given to Housing Development and Infrastructure Limited (HDIL).

Housing Development has lost -13.08% in the last 1 Week

Housing Development & Infrastructure Ltd.

05 Jan 2023

2.06

-0.48%

Rs 140-cr bank fraud case: CBI books HDIL promoters Rakesh, Sarang Wadhawan

Business Standard

The CBI has booked HDIL promoters Rakesh Wadhawan and Sarang Wadhawan in a new bank fraud case involving an amount of Rs 140 crore pertaining to their subsidiary Guruashish Construction, officials said on Thursday. The fresh action was initiated on a complaint from the Union Bank of India against the businessmen who are embroiled in a Rs-4,300 crore Punjab and Maharashtra Cooperative (PMC) Bank scam case, they said. The bank has alleged that Guruashish Construction was a wholly-owned subsidiary of Housing Development and Infrastructure Limited (HDIL) engaged in the real estate business in Mumbai. The Wadhawans were booked by the Central Bureau of Investigation (CBI) in October 2020 in connection with a Rs 200 crore alleged loan fraud from Yes Bank and have been facing investigation by multiple agencies. They are also being probed by the Enforcement Directorate (ED) as part of another Prevention of Money Laundering Act case related to an alleged loan fraud at the PMC Bank involving

Housing Development has lost -27.21% in the last 6 Months

Housing Development & Infrastructure Ltd.

28 Nov 2022

2.06

-0.48%

HDIL Standalone September 2022 Net Sales at Rs 0.30 crore, up 63.29% Y-o-Y

Moneycontrol

NULL

Housing Development has lost -13.08% in the last 1 Week

Housing Development & Infrastructure Ltd.

28 Jul 2022

2.06

-0.48%

After PMC Bank, Wadhawans duped Indian Bank of Rs 279 crore

Business Standard

The Chennai-based public sector Indian Bank has admitted to a major loan default of Rs 279 crore by the realty group, Housing Development & Infrastructure Ltd (HDIL) Mumbai, and its suspended Directors -- Rakesh Kumar Wadhawan and son Sarang Wadhawan.

Housing Development has lost -13.08% in the last 1 Week

Housing Development & Infrastructure Ltd.

05 Mar 2022

2.06

-0.48%

HDIL insolvency: Financial creditors to meet on March 9-10 to discuss bids

Business Standard

Financial creditors of HDIL will meet on March 9-10 to discuss bids for acquiring the crisis-hit realty firm through insolvency proceedings. In a regulatory filing on Saturday, HDIL's Resolution Professional Abhay N Manudhane informed that the "Twenty-Third meeting of Committee of Creditors will be held on 9th March 2022 and shall continue on 10th March 2022." The filing did not mention about the agenda of the meeting. Last month, HDIL had informed that its resolution professional has received 16 bids from nine applicants to acquire the company. "The Resolution Professional of the company has received sixteen resolution plans from nine Prospective Resolution Applicants (PRAs), HDIL had said. Housing Development and Infrastructure Ltd (HDIL) is under Corporate Insolvency Resolution Process (CIRP) pursuant to the provisions of the Insolvency and Bankruptcy Code, 2016. Its affairs, business and assets are being managed by the Resolution Professional Abhay N Manudhane, who was appoin

Housing Development has lost -27.21% in the last 6 Months

Housing Development & Infrastructure Ltd.

18 Feb 2022

2.06

-0.48%

HDIL insolvency: RP gets 16 resolution plans from 9 bidders

Business Standard

Crisis-hit realty firm HDIL, which is facing insolvency proceedings, on Friday said its resolution professional has received 16 bids from nine applicants to acquire the company