Business Standard

CHD Developers starts construction of Avenue 71

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Announcement Corporate

With the tremendous success of the earlier projects, today CHD Developers Ltd took another step towards cementing their position in the North Indian Real Estate Market by performing the foundation laying ceremony of Avenue 71, the premium residential project by the group. Avenue 71, with a total saleable area of 1.6 million sq ft is spread over an area of 16.5 acres, (G+4 / G+14 stories) is strategically located in Sector 71, Sohna Road, Gurgaon. With a worth of over Rs 800 crore, the project aims to bring a new level of elegance in Delhi/NCR.

Speaking on the occasion Mr. Gaurav Mittal, Managing Director, CHD Developers Ltd. said, “The journey towards yet another dream has begun today on an auspicious note. It marks the beginning of our endeavor to offer world class lifestyle to the residents. With this high end township we are determined to set higher standards of global features and state-of-the-art architecture.”

 

The project was launched in mid 2010 and has received a very encouraging response since then. The initial phases of Avenue 71 have been booked by majority of end-users in a record time. The construction has begun and the project will be ready for delivery in 2013. Keeping up with its long lasting history of timely delivery, CHD is confident to live up to its customers’ expectations and the promise made to them.

The township offers 2, 3 and 4 BHK apartments. The master planning of the project has been done around the flora rich Central Avenue to keep the residents in touch with nature. An immaculate world of tranquility awaits to welcome the elite. 

Mr. Ravi Saund, Head Business Development, CHD Developers Ltd. present at the bhoomi pujan said, “A bhoomi-pujan is the first step towards a new beginning to seek blessings from God. Reverting to the warm response of the customers, on this auspicious day, we look forward to a close association of lifetime with them. The project presents the residents with all sorts of modern amenities and world class facilities which will enhance the standard of living and the comfort of the residents.”

Having received a Gold Certification from the Ministry of Environment and Forests, CHD Developers Ltd. has taken all measures to create Avenue 71 as an energy efficient and environment friendly township.  It is carefully designed keeping the idea of water and electricity conservation in mind. The township promises zero water discharge. The architecture maintains a balance between energy usage and design excellence, and the results are simply phenomenal. By offering climatically appropriate design with environmentally responsive construction and naturally cross ventilated rooms, Avenue 71 allows its residents to come closer to nature, and relish every intricate detail. It offers elaborate fountains, inspired by the works of the finest sculptors of Europe, allowing the residents a refreshing start of the day. Approximately 18 percent of the available area has been used for buildings and themed gardens acquire majority of the open spaces which offers added opulence to the residents. The landscaped green area and the manicured gardens offer a distinct and a beautiful picturesque beauty to the avenue. A walk through the streets surrounded by lush green trees and open green spaces offer a magical as well as a soothing experience. Nestled in the heart of bustling development of Gurgaon- Sohna Road, Avenue 71 is designed maintaining the balance between energy usage and design excellence.

High on features and entertainment, Avenue 71 also features an open air theatre for its residents. The state-of-the-art community club consists of luxurious facilities such as a swimming pool, Jacuzzi, steam & sauna, Billiards room, Cards room, Reading room, Sun deck, a 50 seater theatre and a multi-purpose hall etc. The sports arena includes a tennis court, basket ball court, a squash court, skating ring and a jogging/cycling trail within the complex to invigorate daily life of its residents in more ways than one. The kid’s zone and the nursery school complete the toddler’s world. The complex is designed keeping in mind the needs of the differently able (handicap) residents.

About CHD Developers Ltd
Established over two decades ago, CHD Developers Limited is the leader of innovative development in the north Indian real estate sector. Their innovative approach has led them to become a formidable force in the Indian real-estate industry. Their projects at Karnal, Delhi NCR Vrindavan, Haridwar, etc. speak volumes about their commitment to provide world class living standards to their customers. CHD Developers Ltd. is publicly traded at Bombay Stock Exchange since 1995.

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First Published: Jan 21 2011 | 6:56 PM IST

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