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HDIL receives nod for airport slum rehabilitation

October 16, 2007

Housing Development & Infrastructure (HDIL) has received a letter of intent dated 15 October 2007, for the airport slum rehabilitation project, for removal of slums from encroached airport land, which has been awarded by Mumbai International Airport to the company. The company has also executed an agreement dated 15 October 2007 for rehabilitation and development of slums around the Chhatrapati Shivaji International Airport and development of part of the cleared land.

Our Coverage on HDIL:
HDIL has tied up with Lehman Brothers.
Religare – Stock Recommendation on HDIL

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