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CHD Developers to adorn Ludhiana realty with over 1000 crore investment

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As per the buzz in the realty market, Realty Developer CHD Developers is planning to invest Rs. 1,000 Crores in different ventures in coming couples of years. Developer has planned to lift the fund from the market and also to plough-back the profits. Company is going to develop group residential ventures and also commercial complexes, said R K Mittal. R K Mittal, Chairman and Managing Director of CHD Developers said in a verbal communication with www.propertykhazana.com that, “We have a plan to develop retirement lifestyle residential venture for the retired individuals. Around 500 plots are booked and by now we have started the booking for additional 200 flats. Launching villas, office spaces and flats and also shopping malls in the township which will have 2 cinema screens is the next course of action. Mr. Mittal also added that the company is proposing to initiate reasonably priced housing venture in Vrindavan and Haridwar in addition to the 350 villas in Ludhiana.
It is reported by the source at the www.propertykhazana.com that the bookings are open for the housing plots in Karnal. CHD City is an integrated township which is extended across 200 acres in Karnal in Haryana. The company has given the ventures covering for about 700,000 Sq.ft areas and plans to develop over 10 Million Sq.ft in the coming couple of years. Company‘s turnover in the year 2007-08 was Rs. 70 Crores and is expecting Rs. 100 Crores for this year. For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

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