HB Estate Developers Limited, originally named HB Housing & Development Corporation Limited, was established in 1994. The company focuses on developing commercial and residential complexes. It expanded its portfolio by entering the hospitality sector with the launch of the Vivanta By Taj hotel in Gurgaon in 2013. In a strategic move, HB Estate Developers collaborated with Parsvnath Developers by acquiring a 49% stake in Parsvnath HB Projects Private Limited, a real estate venture.
In 2014, the company grew through the merger with Pisces Portfolios Pvt. Ltd., which resulted in the issuance of new equity shares to former Pisces shareholders. Further expansion occurred in 2017-18 when the Real Estate Division of HB Stockholdings Limited was integrated into the company. Currently, HB Estate Developers Limited operates in the hospitality and real estate sectors, managing properties and hotels, which diversifies its revenue streams and enhances its market presence.
