MOUNT HOUSING AND INFRAST Share price

MOUNT HOUSING AND INFRASTRUCTURE LIMITED is a housingdevelopment company based at Coimbatore. The Company wasincorporated on September 13 1995 and obtained Certificateof commencement of business on 19th September 1995 with theobject of carrying on the activity of property development.MOUNT HOUSING AND INFRASTRUCTURE LTD. plans to operate inboth the segments of Construction Industry with mainconcentration in Residential segment.In residential segment the emphasis shall be on meetingthe housing needs of urban/suburban population ofCoimbatore and surrounding areas.In the commercial segment the concentration shall be ondevelopment of full fledged commercial complexes havingboth shops and offices in prime business localities ofCoimbatore.The Company has a project on hand which is at advancedstage of planning and is negotiating a few others. TheCompany plans to carve out a niche market of its housingcomplexes by strictly adhering to quality construction andtimely deliveries of completed apartments among middle andhigher income group people.MAIN OBJECTS & BUSINESS OF THE COMPANY1. To purchase acquire take on lease or in exchange orin any other lawful manner any area land Buildingsstructures and to turn the same into account develop thesame and dispose of maintain the same and to buildtownships markets or other buildings housing schemesconveniences thereon and to equip the same or any partthereof with all or any amenities or conveniences and todeal with the same in any manner whatsoever and to lay outdevelop construct build erect demolish re-erectalter repair re-model or do any other work in connectionwith any land building scheme roads docks slipssewers bridges canals wells springs dams powerplants wharves ports reservoirs embankmentsirrigations reclamations improvements sanitary waterelectric light telephonic and power supply works or anyother structural or architectural work of any kindwhatsoever and for such purpose to prepare estimatesdesigns plants specifications or models and do such otheror any act that may be requisite therefore.2. To carry on the business of developers of propertypromoters of schemes of housing and/or flats residentialor commercial apartments land land development and layoutschemes builders Civil Engineers Contractors.3. To carry on the business of Engineering contractorsundertaking and executing contract works of construction ofbuilding roads bridges and other super structures andinstallation of all types on behalf of variousorganisations individuals Governments and others andgenerally function as contractors of buildings forresidential industrial institutional or other purposes orin relation to housing schemes private public orotherwise.4. To undertake on contract for lump sum or at agreed ratesrepairs demolition and construction works of alldescription such as buildings of all kinds for differentpurposes and use including hospitals rescue houseschoultries hotels clubs restaurants places of worshipplaces of amusements baths parks gardens stores shopsdairies warehouses water houses gas works electricworks.