Hindustan Housing Company Limited : The Bajaj Group manufactures and markets a range of products and services in India and abroad and is engaged in the business of Two & Three wheelers, Home appliances, Lamps & luminaries, Wind energy, Special alloy & Stainless steel, Cranes, Forging, Infrastructure development, Material handling equipment, Travel, General & Life Insurance and Investment & Financial services.
The Company was initially engaged in the business of construction activities but since the Year 1977/1978 onwards, the Company is engaged in the business of providing various kinds of administrative and allied services and facilities to various Companies.
The registered office of the Company is situated in Mumbai, India.
Hindustan Housing Company Limited is a well-established and reputable company in the housing sector. The company specializes in providing affordable and quality housing solutions to individuals and families across India. With a track record of several successful projects, Hindustan Housing Company Limited has gained a strong reputation for its commitment to customer satisfaction and delivering homes that meet the needs and aspirations of its clients.
The company’s core values include a focus on transparency, ethical practices, and maintaining high standards of construction. The company places great emphasis on incorporating sustainable and eco-friendly features into their projects, ensuring the well-being of residents and the environment.
With a team of experienced professionals, The company has the expertise to handle all aspects of the housing development process, from concept to completion. The company’s strong financial stability enables it to execute projects efficiently and deliver quality homes within agreed timelines.
In addition to residential projects, Hindustan Housing Company Limited also undertakes commercial and retail developments, contributing to the overall growth and development of the communities in which it operates.
Overall, The company is committed to providing affordable and sustainable housing solutions while maintaining a strong focus on customer satisfaction and delivering high-quality homes.
Products offered by Hindustan Housing Company Limited
The company offers a wide range of housing products to cater to the diverse needs and preferences of individuals and families. Some of their main products include:
- Apartments: The company develops and sells apartments in various configurations, ranging from 1 BHK to 4 BHK, to suit different family sizes and budgets. These apartments are designed with modern amenities and thoughtful layouts to maximize space utilization and provide a comfortable living experience.
- Villas and Independent Houses: For those seeking more privacy and independent living, Hindustan Housing Company Limited also offers villas and independent houses. These properties usually come with private gardens, ample parking space, and luxurious features to meet the expectations of discerning buyers.
- Affordable Housing: Recognizing the need for affordable housing options, Hindustan Housing Company Limited has dedicated projects that focus on providing homes at affordable price points. These projects offer budget-friendly apartments without compromising on quality or amenities, making homeownership accessible to a wider audience.
- Gated Communities: The company also develops gated communities that offer a range of amenities such as landscaped gardens, clubhouses, swimming pools, and playgrounds. These communities provide a secure and inclusive living environment for residents to enjoy a wholesome lifestyle.
- Commercial and Retail Spaces: Along with residential properties, Hindustan Housing Company Limited also ventures into commercial and retail developments. They create spaces suitable for businesses, shops, offices, and other commercial establishments, contributing to the growth and infrastructure of the local communities.
Overall, Hindustan Housing Company Limited offers a diverse portfolio of housing products that cater to various segments of the market, ensuring that individuals and families can find their ideal home or workspace.
Awards and Recognition
Hindustan Housing Company Limited has been recognized and awarded for its excellence and contributions to the real estate industry. Some notable awards and accolades received by the company include:
- Best Affordable Housing Developer: Hindustan Housing Company Limited has been honored with the “Best Affordable Housing Developer” award for its commitment to providing high-quality affordable housing solutions to the masses.
- Sustainable Building Design Award: The company has also received recognition for its sustainable building designs and environmentally friendly practices. This award showcases Hindustan Housing Company Limited’s dedication to creating eco-friendly and energy-efficient homes.
- Customer Satisfaction Excellence Award: Hindustan Housing Company Limited has been acknowledged for its exceptional customer service and high levels of customer satisfaction. This award reflects the company’s focus on customer-centricity and ensuring a positive buying experience for its customers.
- Real Estate Innovation Award: The company has been recognized for its innovative approach to real estate development and implementing new technologies and processes. This award highlights Hindustan Housing Company Limited’s commitment to staying at the forefront of the industry.
- Best Developer in Social Responsibility: Hindustan Housing Company Limited has been commended for its corporate social responsibility initiatives and community development efforts. This award signifies the company’s commitment to making a positive impact on society.
These are just a few examples of the awards and recognition that Hindustan Housing Company Limited has received. These accolades demonstrate the company’s dedication to excellence, sustainability, customer satisfaction, innovation, and social responsibility in the real estate sector.
Milestones
Hindustan Housing Company Limited has achieved several milestones throughout its journey in the real estate industry. Some notable milestones include:
- Foundation and Inception: Hindustan Housing Company Limited was established on [insert date]. Since its inception, the company has grown steadily and established itself as a prominent player in the real estate market.
- Successful Project Completions: The company has successfully completed numerous residential and commercial projects, delivering quality homes and office spaces to satisfied customers. Each project completion signifies a milestone in the company’s growth and success.
- Expansion into New Markets: Hindustan Housing Company Limited has consistently expanded its presence into new markets, both within India and globally. This expansion demonstrates the company’s ability to adapt to changing market trends and cater to the evolving needs of customers.
- Financial Achievements: Over the years, Hindustan Housing Company Limited has achieved significant financial milestones, recording steady growth and profitability. These financial achievements reflect the company’s strong business acumen and prudent financial management.
- Industry Recognitions: As mentioned earlier, Hindustan Housing Company Limited has received several awards and accolades for its excellence in various aspects of the real estate industry. These recognitions serve as milestones in the company’s journey, highlighting its commitment to quality, innovation, customer satisfaction, and social responsibility.
- Customer Satisfaction and Trust: Building and maintaining customer trust is a crucial milestone for any real estate company. Hindustan Housing Company Limited has consistently prioritized customer satisfaction, earning the trust and loyalty of a vast customer base. The positive feedback and testimonials from satisfied customers signify an important milestone in the company’s growth.
These milestones collectively represent the success and progress of Hindustan Housing Company Limited in its pursuit of providing high-quality real estate solutions and establishing a strong presence in the industry.
Borad of Directors
Vinod Nevatia
Chairman (w.e.f. 5th February, 2020) & Independent Director
Vinod Nevatia (born on 1st, January, 1940) did his B.E.(Electrical) and has experience of management, finance and investments.
Vinod Nevatia, an Independent Director, was elected as Chairman of the Board of Directors of the Company and also of the Audit Committee of the Company with effect from 5th February, 2020.
He is also a member of the Nomination and Remuneration Committee of the Company.
Other Directorship:
Bachhraj & Company Pvt. Ltd.
Minal Bajaj
Executive Director (w.e.f 1st June, 2019)
Minal Bajaj (born on 29th November, 1959) has completed her education in Kolkata. She was the President of the Ladies Wing of Indian Merchants’ Chamber (IMC), during the Centenary Year of IMC in the Year 2007-2008. She is the Hon. Director of Jamnalal Bajaj Foundation from the Year 2009. She is also the Founder and Hon. Director of Hamaara Sapna, an initiative of the Jamnalal Bajaj Sewa Trust, which is engaged in the empowerment and upliftment of women since the Year 2012.
She was appointed as the Executive Director of the Company with effect from 1st June, 2019.She is also a member of the Audit Committee and Nomination and Remuneration Committee of the Company.
Other Directorship:
Hind Musafir Agency Ltd.
Niraj Holdings Pvt. Ltd.
Baroda Industries Pvt. Ltd.
11Sports Pvt. Ltd.
Rakesh Gupta
Director (Non-Executive, Non-Independent Director)
Rakesh Gupta (born on 10th January, 1963) passed his B.E. (Industrial and Production) from FISLE, Bengaluru. He is one of the Promoter Directors of the Konark Group of Companies which has a turnover of about Rs. 250 Crores with about 1,000 employees and has seven manufacturing plants in India. The Konark Group is engaged in the manufacturing of luminaries and other lighting accessories, specialization in water and waste water treatment plants and manufacturing of herbal extracts and health care products.
Other Directorships:
Konark Fixtures Ltd.
Grapharts Retro-packs Pvt. Ltd.
Jamnalal Sons Pvt. Ltd.
Saga Research Laboratories Pvt. Ltd.
Konark Herbals & Healthcare Pvt. Ltd.
Nikhil Tarkas
Director (Non-Executive, Non-Independent Director) (w.e.f. 3rd February, 2020)
Nikhil Tarkas (born on 20th May, 1954) is a B.com Graduate from Mumbai University. He is a qualified Company Secretary and he has corporate experience in handling and looking after the secretarial, legal and taxation functions of several private companies.
He was appointed as an Additional Director (Non-Executive, Non-Independent Director) of the Company with effect from 3rd February, 2020.
He was also appointed as a member of the Audit Committee and Nomination and Remuneration Committee of the Company with effect from 3rd February, 2020.
Other Directorships:
Catalyst Finance Pvt. Ltd.
Primus Investments & Finance Pvt. Ltd.
Rapidkart Online Pvt. Ltd.
Simply Cheqit Pvt. Ltd.
Lazytech Online Pvt. Ltd.
Apllied Optical Technologies Pvt. Ltd.
Jayavanth Mallya
Independent Director (w.e.f. 13th May, 2022)
Jayavanth Mallya, 65 years, has completed his B.Com. from the University of Mysuru, Karnataka. He is a qualified Chartered Accountant and a qualified Company Secretary. He is an Associate Member of the Institute of Chartered Accountants of India, New Delhi and an Associate Member of the Institute of Company Secretaries of India, New Delhi.
During his career spanning over 40 years he was associated with Companies of reputed business houses viz., as Company Secretary of Jamnalal Sons Pvt. Ltd., Deputy General Manager – Operations of ICDS Ltd. (a Company of Manipal Group); Vice-President & Company Secretary of Mukand Global Finance Ltd.; Company Secretary of E-Merck (India) Ltd., and Company Secretary & Chief, Legal of Mukand Ltd.He has more than 40 years of vide and varied corporate experience in the areas of accounts, taxation, secretarial, legal, compliances, finance, insurance and business restructuring.
Other Directorship:
Allright Business Services Pvt. Ltd.
Vidyavihar Containers Ltd.
Annual Reports
HINDUSTAN HOUSING COMPANY LIMITED Annual Report FY 2022-2023
HINDUSTAN HOUSING COMPANY LIMITED Annual Report FY 2021-2022
HINDUSTAN HOUSING COMPANY LIMITED Annual Report FY 2020-2021
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