Realty firm CHD Developers has bought 10.5 acres of land in Gurgaon for about Rs 300 crore to develop a housing project. The national capital-based developer is already developing two projects in Gurgaon and is looking to expand presence in the city. The company has bought this land for about Rs 300 crore and the payments have been made through internal accruals and bank debt. The land parcel is located in the vicinity of it’s another residential project at Sector 71, Sohna road, Gurgaon.
The company is currently developing a housing project on Dwarka Expressway comprising 600 units and a 250 acres integrated township at Karnal. Two projects- a commercial complex with 2.1 lakh sq ft of saleable area on Dwarka Expressway and a group housing with 1,800 apartments on Sohna Road - are in pipeline.
CHD Developers has established state of the art high quality residential, commercial complexes and townships.