Epic Research Update : CHD Developers

CHD Developers has bought 10.5 acres of land in Gurgaon for about Rs 300 crore to develop a housing project. The national capital-based developer is already developing two projects in Gurgaon and is looking to expand presence in the city. The company has bought this land for about Rs 300 crore and the payments have been made through internal accruals and bank debt. The land parcel is located in the vicinity of it’s another residential project at Sector 71, Sohna road, Gurgaon.

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