The Chadha Group to invest Rs 3,000 crore for its real estate projects
Released on = December 20, 2006, 1:09 am
Press Release Author = InfoMailers.com
Industry = Advertising
Press Release Summary =
Famous cricketer Kapil Dev to be its Brand Ambassador for Residential projects. Group plans state-of-the-art residential & commercial projects in many cities across north India
Press Release Body =
Chandigarh, Chandigarh, India, Wednesday, December 20, 2006 :
Mr. Manpreet Singh Chadha, Director -The Chadha Group, announced a major expansion plans in real estate arena. The Group also signed famous cricketer Kapil Dev to endorse its residential township projects -WESTEND ESTATE. Mr. Chadha announced the group's plans to invest Rs. 3, 000 crore in next two years to start a number of residential and commercial projects across north India. The Group plans to start its projects in Amritsar, Mohali, Indrapuram (National Capital Region), Dehradun, Meerut & Bareily soon. The Group has already launched WESTEND ESTATE in Mohali and sporting legend Kapil Dev has become the brand ambassador for the same. Elaborating the partnership with Kapil Dev, Mr. Manpreet Singh Chadha said, "We are developing the West End Estate on the patterns of sports village. It will have international standard sports facilities such as cricket field, air-pistol shooting range-to be developed in consultation with experts like Mansher Singh, football ground, Olympic size swimming pool apart from the features such as gymnasium, billiards, pool etc. These world class sports facilities will be exclusively available to the residents of the township only. It will enhance the sporting skills of budding athletes living within the estate. That is precisely the reason for us to associate ourselves with the great Kapil Dev." "We promote healthy, sporty, Indian life -style for our customers. We are making provisions for the same in all our townships. We were looking for someone who believes in our thought processes and we are fortunate that the world class all-rounder has agreed to be associated with us." -added Mr. Chadha. Speaking on the occasion, Kapil Dev Said, "I am delighted to be associated with The Chadha Group. Their commitment to promote sports & healthy life style and making provisions for same in their projects -is really admirable. If we want to produce more sporting champions in the country, we need business houses such as The Chadha Group. "The Chadha Group is setting a trend in this direction and I am sure, many more corporate houses will follow the same pattern"-added Kapil Dev. The WestEnd Estate will have excellent facilities for entertainment, leisure, sports and other recreational activities. Additionally, it will also have schools, hospitals, power back-up, adequate water supply, underground sewage system, low-tension electric supply, proper drainage system, pollution free solid waste disposal system, earthquake resistant RCC frame structures, roads, paved walkways and Vastu friendly layout. The Rs.2,500 crore Chadha Group is a Delhi based diversified business conglomerate with business interests in Real Estate-both residential and commercial, Construction and Operation of Multiplexes (Centrestage Mall in Noida and EastEnd Malls in Lucknow & Kaushambi) , Sugar Manufacturing, Paper Manufacturing, Distillery, Food Processing. The Group has also been involved in the distribution and screening of films. The Group's rapid growth on Indian corporate scene rests on its strong foundations of professional management and astute collective enterprise.
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