Close on the heels of announcing a project in the foot hills of Aravali range in Gurgaon, CHD Developers, which is a Delhi based real estate builder of national repute, has announced yet another housing project on the Gurgaon-Sohna road entailing an investment of Rs. 350cr, said official sources. The company will come up with a new project stretching across an area of 10.025 acres with a total saleable area of approx 10 lakh sq ft., said Managing Director, Gaurav Mittal, adding that the builder has tied up with a land-owner to develop this project, which will comprise of 1,380 housing units.
The company would start construction in the next four months after obtaining the environmental clearance and the project would be completed in four years. He further said that the project would be the fourth project of the company in Gurgaon. Besides, it is also developing a township project at Karnal in the same state.