CHD Developers constructs a commercial complex in Haridwar

Thebullishtrends: CHD Developers share price closed today at Rs.19.50(-Rs.0.15) CHD Developers Ltd has informed after the trading hours that the Company has entered into a development agreement to develop a plot of approx 2.5 acres at a prime location in Haridwar. Company is planning to construct a residential cum commercial complex first of its kind in Haridwar. Total saleable area will be 275,000 square feet approx. Aesthetic architecture and modern design will provide for complete comfort and a pleasurable residential and shopping experience. The complex will be designed for optimum space utilization for its space owners. Latest fire alarm, fire fighting systems and round-the-clock security systems will ensure complete safety of the complex. The Company is expecting to complete the complex in coming Two years and expecting to generate revenue of Rs 100-105 crores out of the project.