Premium Lifestyle at Affordable prices: HDIL launches ‘Residency Park’ in Virar West

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1. Project located at 2 kilometers from Virar railway station
2. Phase 1 to include 1500 flats of 1, 2 & 3 BHK

Mumbai, January 29, 2010: Housing Development & Infrastructure Ltd (HDIL) launches Residency Park in Virar West, a mega residential project offering Premium lifestyles at Affordable prices. As a part of its vision for inclusive growth in the Mumbai Metropolitan Region HDIL has developed many affordable housing projects & in continuation of this tradition, the newest offering “Residency Park”, will help deliver thousands of dreams homes & lifestyles to residents of Virar & surrounding areas at affordable prices.

Located just 2 km from the Virar railway station, with the proposed government flyover easing connectivity from East to West and the National Highway, this project will have easy access to various modes of transportation & everyday necessities like schools, colleges, hospitals, shopping complexes and theaters.

This mega residential project will have over 3000 apartments; the first phase of which will house over 1500 apartments with excellent infrastructure and amenities. Its 19 wings of 7 storey each offer well planned 1, 2 and 3 BHK apartments. The complex will consists of landscaped garden with children’s play area and state-of-art clubhouse with swimming pool. Besides being earth quake resistant, the complex will offer intercom system & provision for fire fighting to ensure safety & security. Generator backup will be provided for essential services in the common areas including elevators.

Residency Park’s affordable lifestyle homes will change the way people perceive the location. It is a step forward in HDIL’s commitment towards developing quality living options, providing infrastructure and amenities at affordable prices.

Some of the amenities on offer include:

• Club House with Swimming Pool
• Landscaped Gardens with Children’s play area.
• Premium Vitrified flooring with skirting
• Designer ceramic tiles in toilets
• Exhaust fan & instant geyser in bathroom
• Intercom system and fire fighting provision
• Rain Water harvesting System

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About HDIL
Housing Development and Infrastructure Ltd. (HDIL) is a listed on the National Stock Exchange as well as the Bombay Stock Exchange and is one of the largest Real Estate development companies in India. It is the flagship construction and real estate development company of HDIL Group. HDIL has a significant presence in Mumbai Metropolitan Region, and also in Pune, Hyderabad & Kochi. The company has been involved in many urban renewal projects and is currently executing the Mumbai International Airport rehabilitation project, the largest such project in India. HDIL with an estimated land reserve of nearly 197 million sq ft as on December 30, 2009, has over three decades of experience in the real estate business and has developed over 100 million sq. ft. area.

For further information, please visit our website at www.hdil.in

Media Contacts:

Abhinav Srivastava
Edelman India
T: +91 22 2281 0168~229
M: +91 98923 23750
Email: abhinav.srivastava@edelman.com

Deepika Nookala
Edelman India
T: +91 22 2281 0168~223
M: +91 99878 66210
Email: deepika.nookala@edelman.com