HDIL aims to sell 15-20 mn sq ft FSI in 15-18 months

Housing Development and Infrastructure (HDIL) is aiming to sell a total of 15-20 mn sq ft of floor space index including land and development rights from its land bank in Vasai-Virar region on the outskirts of Mumbai in the next 15-18 months. In this region, the company owns about 5,000 acre. Recently, the state government doubled the FSI limit to one for developments in Palghar and Boisar, which fall under the Vasai-Virar region in Mumbai.Contact: HDIL.Tel: 022-6788 8000.