Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌



Tuesday, May 28, 2013

Housing Development & Infrastructure Ltd: Gives a Break Out
Housing Development & Infrastructure Limited has developed over 100 million sq. ft. area. The operations are spanning in every aspect of the real estate business, from residential, commercial and retail projects, to slum rehabilitation to land development. It has also diversified into energy, hospitality and the development of SEZs. 

It is a major player in Mumbai Realty with 90% land Reserves in the Mumbai Metropolitan Region (MMR) and are market leaders in residential and SRA projects in the Mumbai Metropolitan Region (MMR). It is currently executing the largest SRA project for rehabilitation of approx. 85,000 slum dwellers under expansion & modernization of Chhatrapati Shivaji International Airport, Mumbai. 

The company has more than 20 ongoing projects with a combination of Residential, Commercial and SRA. Its ongoing projects are located at Virar, Andheri, Goregoan, Bhandup, Palghar and Mulund. 

During the December, 2012 quarter, the Company launched, Second Phase of Virar Residency Park at Virar

HDIL also plans to convert two of its commercial projects with an area of 2.4 million sq ft into residential ones. The company is coming up with projects in Kandivali, Ghatkopar, Pune, Kurla and Santacruz. Last year the HDIL launched a couple of projects in Exotica. 

HDIL had a land bank of 229.93 mn sq ft as on 30th June, 2012. The TDR prices last year was around ~ Rs.2500 to Rs.3000 per sq. ft. Since underlying demand is very strong for HDIL projects in execution,  the company hopes, to present a better, top and bottomline in FY14. 

Those who have already entered the counter, should now wait to get good appreciation of their holdings. Any, unsatisfactory, Q4FY13 results, is already factored in the current price as a scrip of pedigree of HDIL, having a book value of Rs.239.53 and EPS of Rs.12.04 cannot trade at such dirt cheap price, as low as Rs.51-52. It was once  the biggest Real Estate company in the Mumbai Metropolitan Region, by market cap. 

When the interest rate is coming down and there are chances of a cut in the CRR, where can you invest your money other than, Bank, Real Estate/Construction and Auto space!! CMP: Rs.51.45.