Housing & Development Limited, led by Dipak K. Poddar, is a prominent player in the affordable housing sector in the Mumbai Metropolitan Region (MMR). Established in 1982, the company has delivered over 5000 apartments, catering to mid and lower-income segments. Originally diversifying into textiles and garments, the company shifted its focus to real estate in 2008, launching significant projects like 'Samruddhi Complex', 'Poddar Navjeevan', and 'Poddar Spraha Diamond'.
In recent years, the company has expanded its footprint through various subsidiaries, including Poddar Habitat Pvt. Ltd., and has launched several projects such as Poddar Wondercity and Poddar Riviera. The relaunch of Poddar Wondercity in 2022, with increased potential under UDCPR, underscores the company's commitment to growth in the affordable housing market. With a strategic focus on real estate, the company aims to leverage its legacy to meet the housing needs of the wider community.