The company is coming up with four lifestyle housing projects for retired persons in Karnal, Rishikesh, Mathura and Neemrana (in Rajasthan).
"We have proposed to inject a sum of Rs 1,200 crore in this project and we intend to float a special purpose vehicle for it in which some other companies may also acquire stake for funding purposes," he said.
Besides, the company has signed a joint venture agreement with a land owner for developing a group housing project in Haridwar which is expected to be completed in next two years, he said.
The company also has plans to set up 6.5-acre housing project in Mathura which would house 250-300 apartments and is already developing an integrated housing project in Karnal involving an investment of Rs 500 crore.
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In the next three years, the company also hopes to achieve Rs 500 crore turnover which in 2007-08 stood at Rs 75 crore.
CHD Developers has also decided to get itself listed on the National Stock Exchange (NSE) and is awaiting nod.
"NSE is a preferred stock exchange and that is why we decided to get our company listed on it," he said. The company is already listed at Bombay Stock Exchange (BSE).