The real estate company of the Hinduja Group, Hinduja Realty Ventures (HRV), is expected to go in for IPO (Initial Public Offering) in the next 12 months.
Mr. Abin K Das, Director, Hinduja Group India said, “We are considering listing the realty arm over the next 12 months. For the power company, Hinduja National Power Corporation (HNPC), we would like to first build our portfolio before we tap the markets.”
Hinduja Realty Ventures is currently developing a 40 acre mixed (Residential & Commercial) use IT park and 115-acre residential project in Bangalore.
About Hinduja Realty Ventures..!
Hinduja Realty Ventures Limited (HRVL) the flagship Real Estate Company of the Hinduja Group. It is an initiative in corporate real estate asset management, where the Group's entire real estate has been aggregated under one umbrella.
HRVL has adopted a safe sustainable business model by undertaking development on a valuable land bank owned by the Hinduja Group, thereby unlocking the value of these assets through integrated development. Designing and developing these assets will enable a holistic approach to the space creation. In its first phase of business expansion HRVL will be focussing on Hinduja Group's portfolio of FDI compliant properties, in Bangalore and Hyderabad. Simultaneously, it will also acquire new assets / plots / sites from third parties for development.
HRVL currently has 3 crore on sq. ft. to undertake development comprising of the following verticals:
Integrated Townships
Residential Complexes
Retail
Hospitality
IT Parks/ SEZ
Business Parks/ SEZ
Knowledge Parks/ SEZ
Head Office
Hinduja House
171, Dr. Annie Besant Road, Worli,
Mumbai - 400018, India.
Fax : +91-22-24960747
Phone : +91-22-24960707
Project Offices
Chennai
III Floor, 377, Anna Salai,
Teynampet, Chennai - 600018
Fax : +91-44-24320317
Phone : +91-44-24323273 / 24335639
Bengaluru
1 03, IDL Apartment, Building No. 271,
Malleshwaram, 18th Cross,
Bengaluru - 570003
Fax : +91-80-23464316
Phone : +91-80-23464316
Mr. Abin K Das, Director, Hinduja Group India said, “We are considering listing the realty arm over the next 12 months. For the power company, Hinduja National Power Corporation (HNPC), we would like to first build our portfolio before we tap the markets.”
Hinduja Realty Ventures is currently developing a 40 acre mixed (Residential & Commercial) use IT park and 115-acre residential project in Bangalore.
About Hinduja Realty Ventures..!
Hinduja Realty Ventures Limited (HRVL) the flagship Real Estate Company of the Hinduja Group. It is an initiative in corporate real estate asset management, where the Group's entire real estate has been aggregated under one umbrella.
HRVL has adopted a safe sustainable business model by undertaking development on a valuable land bank owned by the Hinduja Group, thereby unlocking the value of these assets through integrated development. Designing and developing these assets will enable a holistic approach to the space creation. In its first phase of business expansion HRVL will be focussing on Hinduja Group's portfolio of FDI compliant properties, in Bangalore and Hyderabad. Simultaneously, it will also acquire new assets / plots / sites from third parties for development.
HRVL currently has 3 crore on sq. ft. to undertake development comprising of the following verticals:
Integrated Townships
Residential Complexes
Retail
Hospitality
IT Parks/ SEZ
Business Parks/ SEZ
Knowledge Parks/ SEZ
Head Office
Hinduja House
171, Dr. Annie Besant Road, Worli,
Mumbai - 400018, India.
Fax : +91-22-24960747
Phone : +91-22-24960707
Project Offices
Chennai
III Floor, 377, Anna Salai,
Teynampet, Chennai - 600018
Fax : +91-44-24320317
Phone : +91-44-24323273 / 24335639
Bengaluru
1 03, IDL Apartment, Building No. 271,
Malleshwaram, 18th Cross,
Bengaluru - 570003
Fax : +91-80-23464316
Phone : +91-80-23464316
No comments:
Post a Comment