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Friday, February 19, 2010

Omaxe lays foundation for ‘Omaxe Waterfront’ in Allahabad

Real estate developer Omaxe Ltd. laid the foundation of Omaxe Waterfront City, the first hi-tech township at Allahabad.

Omaxe Waterfront is spread over approx. 1535 acres. Omaxe, through an SPV has already signed a developer’s agreement with the Allahabad Development Authority for approx 725 acres with an environmental clearance already been obtained.

Strategically located on the banks of the holy Ganga, Omaxe Waterfront City brings the world famous concept to live by the waterfront for the elite of Allahabad. Omaxe Waterfront City will be developed as a holistic ultra modern eco-friendly hi-tech township comprising of various residential options, commercial, retail, industrial, institutional, recreational and entertainment zones.

Omaxe Waterfront City unveils the most comfortable and luxurious lifestyle away from the hustle-bustle of the daily life.


CHD Developers launches Lifestyle Prime at CHD City in Karnal

New Delhi, February 17, 2010 – CHD Developers Ltd, one of the leading real estate developers in North India has announced the launch of Lifestyle Prime, premium independent floors to families looking for elegant design and comfortable space in a low-rise format at CHD City, Karnal, Haryana. Lifestyle Prime is the successor to the extremely successful CHD Lifestyle, stylish, comfortable and affordable independent floors which were sold out within just 6 weeks of launch, and Lifestyle Grand, modern, spacious and majestic independent floors out of which just a few are now available for bookings. The construction for both CHD Lifestyle and Lifestyle Grand has already been commenced ahead of schedule and the same is expected for CHD Lifestyle Prime, which offers luxuriant and spacious independent floors available in two different floor area options of 1042 sq.ft. and 1145 sq.ft. and are competitively priced, starting at just Rs.14,55,000. CHDLifestyle Prime is an integral part of CHD Developers’ Rs. 500 crore mega project, CHD City at Karnal, Haryana, where the total land area underdevelopment is over 225 acres.

According to Mr. Gaurav Mittal, Director, CHD Developers, “Anyone who values personal privacy and convenience will find Lifestyle Prime an elegant place to live in. The independent floors are spacious and airy, offering an unmatched living experience to the families of our customers. With incredible attention to detail, the flats inLifestyle Prime offer an exclusive and enviable lifestyle.”

CHD City is fast taking actual shape and it is evident in the latest developments, which include full possessions of Silver County Villas Phase-I and the Phase-II is under construction. The Central Park spread across 5 acres has been completely beautified and all the commercial plots are ready for possession. Till date, over 150 possessions for residential plots have been taken and a number of customers have already started their private constructions on their plots. Construction for a Temple inside the CHD City is also on and basic services and infrastructure including milk booths and Taxi stand have been completed and made operational.

“All these developments at CHD City will definitely make CHD Lifestyle Prime an irresistible offering for our prospective customers,” added Mr. Mittal.

The CHD Lifestyle Prime floors are uniquely designed and have large bedrooms and latest Kitchen settings. All flats in Lifestyle Prime feature a three tier security and alarm systems and are east-west facing, with high tech 24×7 power back up, latest pre-paid card system and dedicated car parking area for each floor.

The Ground Floor of Lifestyle Prime has built up area of 1145 sq.ft. with 3 Bedrooms, Drawing Room and Kitchen and also with attached Utility Area. The First and Second Floors have built up area of 1042 sq.ft. with 2 Bedrooms, Drawing Room and Kitchen with attached utility balcony. While the Ground Floor has access to both front and rear lawns and large verandah in front, the First Floor residents can luxuriate in spacious balconies that open to lush greenery. The inhabitants of the Second Floor will also have the roof terrace rights, apart from the balconies.

“A true grandeur of stately residence awaits our customers at CHD Lifestyle Prime, which has a distinct flavor and ambience that our customers will be proud to call their own. Lifestyle Prime offers a modern and vibrant living atmosphere, where families can enjoy an exclusive and active environment with their own distinct social life and sense of community,” Mr. Mittal further added.

CHD Lifestyle, another project offering independent floors with smaller size area was completely sold out within just 6 weeks of its launch, a noteworthy record of sorts considering the recent slowdown in the real estate industry in India. The follow-up, CHD Lifestyle Grand also received enthusiastic response from the buyers and only a few independent floors are now available for bookings. Hundreds of families have chosen to invest in CHD Lifestyle and CHD Lifestyle Grand because of the company’s inherent strengths and impeccable track record.

It is worth noting that this kind of success is not new to CHD Developers. Last year, one of the company’s commercial projects at CHD City, Karnal Business Centre (KBC), was sold out in 5 months of the launch and this happened during the slowest phase of the Indianreal estate industry . KBC offered prime shop-cum-office (SCO) commercial plots that a progressive business could construct upon as per its unique requirements for any commercial purpose.

Demand for both residential and commercial properties at CHD City underline the fact that it is one of the finest private townships coming up in Karnal, Haryana, located right on NH-1 and midway from Delhi to Chandigarh. NH–1 is being rapidly widened into a 8-lane Expressway, thus substantially reducing the travel time from Delhi to Chandigarh and to Karnal.

Almost 25,000 families are expected to inhabit the CHD City, making it the most sought after destination in Karnal as its residents will be able enjoy the best of amenities in finest dining, shopping, arts and entertainment, which include a mall, food court, hotel, clubhouse, commercial centre, offices, school, hospital, multiplex, dedicated play area for kids, jogging tracks, high speed internet broadband and wi-fi connectivity, 24-hour power backup and round-the-clock security.

CHD City will also feature world-class facilities at its clubhouse, which will include Swimming Pool, Lawn Tennis Courts, Badminton Courts Pool and Billiards, Health Club, Steam, Sauna and Coffee Shop. Even a 5-star hotel is supposed to come up in its vicinity, which will further add to the marketability of the location. This area is right opposite to the Oasis landmark on the NH and is close to Karna Lake and the golf course, which means that there will always be an abundance of greenery, making it a prime location. This fast developing area is, thus, emerging as the most happening suburb of Karnal.

CHD Developers Ltd. has ushered in a new era of building projects for the residential as well as commercial sectors in northern India and has to its credit several residential complexes such as Gayatrilok at Haridwar, Sri Krishnalok at Vrindaban (Mathura) and CHD City, a residential township in Karnal. CHD has successfully delivered projects covering over 700,000 sq.ft. area and proposes to develop more than 10 million sq.ft. area in the next few years.

About CHD Developers

CHD Developers, an ISO 9001:2000 certified company, was originally founded by the farsighted entrepreneur Mr. R.K Mittal, CMD as “Capital Developers Pvt. Ltd.” in the year 1990. Today having proven itself time and again under the progressive leadership of Mr. Gaurav Mittal, Director, CHD Developers is one of the fastest growing ‘Real Estate Major’ in Northern India. CHD’s expertise lie in diverse field including Real EstateDevelopment , Construction, Education and Hospitality where its reckoned for building state of art, elegantly designed, strategically located and high quality Residential Townships, Residential Apartments, Commercial Complexes and Restaurants. CHD believes in providing true value for money and forging strong relationships with its customers as it has a track record of delivering all their projects on time.


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