HRVL – Marking excellence in real estate sector
| Bangalore : Hinduja Realty Ventures Ltd is the flagship real estate development arm of Hinduja Group, one of the largest and most diversified realty companies. Hinduja Group, through its various Companies, owns valuable Land Banks (FDI/Non FDI Compliant) across key cities in the Country. Professional management, highly skilled & dedicated work force and unstinted commitment to quality are the hallmarks of the company.
The major objective of the company is to aggregate Group’s Real Estate assets under Hinduja Realty Ventures Limited (HRVL), unlock value of these assets through Integrated Development, design and develop these assets to Maximize Returns. It is based on a Joint Development Format in which landowners are Hinduja Group Companies or Hinduja family and includes unencumbered, clear title land contributed by Land Owning entity. The projects are being undertaken on a Joint Development basis and the landowner receives pre agreed share of Completed Built-up Property / Sales Revenue.
HRVL has a number of rights which include the right to acquire and develop the property in phases, create mortgage on the Land, transfer/sell its share of completed built-up area to third parties, assign the agreement to any other third party and the right of first refusal in case the Landowner decides to sell its share of the Property. It enjoys various competitive advantages like high quality captive land bank (over 2500 acres), integrated developments, large scale of operations, efficient capital allocation through sale of residential development and lease of commercial development and development through reputed master planners, consultants and EPC contractors for efficient and timely delivery.