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CARE assigns ‘BBB’ rating to CHD Developers’ fixed Deposit Programme

11 Aug 2017 Evaluate

Credit rating agency, Credit Analysis & Research (CARE) has assigned ‘BBB’ rating to CHD Developers’ fixed Deposit Programme for an amount of Rs 38.15 crore. The rating agency has also assigned ‘BBB’ rating the company’s long term bank facilities amounting to Rs 128 crore.

CHD Developers has an enviable track record in the real estate industry, having provided cost-effective and holistic solutions in real estate development encompassing commercial and residential spaces, recreational complexes and educational institutions for the past 18 years.

Peers
Company Name CMP
Lodha Developers 1104.75
Prestige EstatesProj 1494.10
Dilip Buildcon 398.95
DLF 662.60
Oberoi Realty 1775.00
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