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Our Company was formed as part of the disinvestment exercise carried out by the Government of India in respect of its holdings in the erstwhile VSNL (currently known as Tata Communications Limited). In 2002, the Government of India conducted a disinvestment exercise in respect of 25% of its shareholding in the equity share capital of VSNL, wherein in terms of the bid for the disinvestment required a separate value to be ascribed to lands more..

Hemisphere Properties India Limited

Smt. D Thara ( Chairperson & Managing Director )
She is Additional Secretary in Ministry of Housing & Urban Affairs.  She has been associated with our Company since November 18, 2019. She is a serving member of the Indian Administrative Services. She has vide range of experience in business development, projects and operations.
She has previously served as the Ahmedabad Municipal Commissioner and as the Managing Director of the Gujarat Industrial Development Corporation (GIDC).