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CHD Developers launches CHD PLAZA

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Announcement Corporate
Last Updated : Jan 25 2013 | 2:49 AM IST

New emerging built up commercial complex in Karnal that offers unique business opportunities estimated at Rs 600 crore annually.

CHD Developers, one of India's leading real estate developers engaged in development of prime residential and commercial properties has announced the launch of its unique CHD PLAZA, the new emerging built up commercial complex, located right at the entrance of CHD City - the picturesque township  with world class facilities in sector 45, Karnal. The vantage location offers a captive market of around 30,000 residents and an affluent vehicular traffic of over 125,000 per day from Punjab, Delhi and Chandigarh on NH-1 as per the estimates of NHAI. With highly affordable investment options starting from just Rs.9.5 Lacs and no hidden costs, CHD Plaza offers unique business opportunity to both entrepreneurs and self employed professionals.

Mr. RK Mittal, Chairman and Managing Director, CHD Developers said, "As the CHD City residents populate the picturesque township starting two years from now, they will require ready merchandise ranging from Daily groceries, Stationery, Building materials, Electronics & Consumer Durables, Medicare facilities, Home décor & Furnishings etc. This presents immense business opportunities estimated at over Rs.600 Crore annually."

The rapidly developing and picturesque CHD City will be inhabited by estimated 500-3500 families within the next 2-5 years. The swelling numbers and their requirements offer exciting business opportunities even for service providers in Education & Training, Brokerages, Insurance, Financial Services, Beauty Parlour, Restaurants etc.

The opportunity in CHD Plaza is backed by a unique assurance for the property value wherein, CHD Developers Ltd. extends unique investment protection shield. Every purchase of shop at CHD Plaza comes with guaranteed assurance that if the market price of the shop comes down after 3 years, company will compensate the differential amount to the buyer.

CHD Developers is also offering a guaranteed return of 12% p.a. on the buying price for 24 months. The project is scheduled for completion and delivery by December 2010.

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"We are confident that our offer will excite many an insightful businessmen to set up shop at CHD Plaza and benefit from the vast consumer population expected in CHD City within the next few years," added Mr. Mittal.

Located within CHD City, the fully integrated township with world class facilities, CHD Plaza is just 2 hours drive from Delhi and Chandigarh with a convenient and direct access from NH1. CHD Plaza features a large entrance and ample car parking space. Complete with features like 100% power backup on demand with Dual Metering System, 24x7 Security, dedicated lifts and separate washrooms and toilets on every floor, CHD Plaza offers a captive market of over 30,000 prospective residents who will inhabit CHD City within next 2-5 years.

CHD Developers Ltd has ushered in a new era of building projects for the residential as well as commercial sectors in northern India and has to its credit several residential complexes such as Gayatrilok at Haridwar, Sri Krishnalok at Vrindaban (Mathura) and CHD City, a residential township in Karnal. CHD has successfully delivered projects covering more than 700,000 sq. feet area and proposes to develop more than 10 million sq. ft. area in the next few years.

About CHD Developers
CHD Developers, an ISO 9001:2000 certified company, was originally founded by the farsighted entrepreneur Mr. R.K Mittal, CMD as "Capital Developers Pvt. Ltd." in the year 1990. Today having proven itself time and again under the progressive leadership of Mr. Gaurav Mittal, Director, CHD Developers is one of the fastest growing 'Real Estate Major' in Northern India. CHD's expertise lie in diverse field including Real Estate Development, Construction, Education and Hospitality where its reckoned for building state of art, elegantly designed, strategically located and high quality Residential Townships, Residential Apartments, Commercial Complexes and Restaurants. CHD believes in providing true value for money and forging strong relationships with its customers as it has a track record of delivering all their projects on time.

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First Published: Feb 17 2009 | 7:31 PM IST

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