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HDIL flat buyers on warpath over builder's failure to deliver

Jan 27, 2014

HDIL flat buyers on warpath over builder's failure to deliver

Lalit Rao was just 32 and a newly wed when he decided to book a flat in Housing Development and Infrastructure Ltd's (HDIL's) affordable housing project in Kurla West in Mumbai. It was in 2009. He and 800 others are still waiting for their dream home even after completing the entire payment. #HowThisWorks #HDIL #home buyers #Real estate #Late delivery #Rakesh Wadhawan
Forget new launches, even existing flats will take more than 2 yrs to sell

Sep 23, 2013

Forget new launches, even existing flats will take more than 2 yrs to sell

With rising interest rates, slowing sales, a crippling liquidity crunch and exit of black money from the real estate prior to elections, India's top developers are in for a tough ride as they might be forced to generate liquidity, especially in Delhi-NCR and the Mumbai Metropolitan Region (MMR). #DLF #HDIL #Indiabulls #property prices #Real estate #unsold inventory #real estate launches
HDIL promoters finally pay interest on loan, lender withdraws default notice

Aug 12, 2013

HDIL promoters finally pay interest on loan, lender withdraws default notice

Housing Development and Infrastructure said on Monday Indiabulls Housing Finance has withdrawn default notices against its promoters after they paid the interest on a mortgage loan taken for personal use. #HDIL #CompanyWatch #Real estate #Loan default #Indiabulls Housing Finance #Sarang Wadhawan
Get ready for more realty defaults: Property prices should come down soon

Aug 07, 2013

Get ready for more realty defaults: Property prices should come down soon

It is just the unexplained and continuous increase in the price of land that is allowing realtors in Mumbai and the NCR to survive for nether sale of apartments or rentals will keep them afloat in the current gloom and doom. #ConnectTheDots #HDIL #Real estate #Orbit Corp #Loan defaults
Auto stocks help markets close in green; HDIL extends fall

May 30, 2013

Auto stocks help markets close in green; HDIL extends fall

The BSE Sensex closed at Rs 20189.81, up 0.21 percent, while the Nifty closed at 6124.05, up 0.32 percent. #Sensex #nifty #Tata Motors #HDIL #MarketClose #Mahindra & Mahindra
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