CHD Developers

CHD Developers Limited is a real estate developer in India, primarily engaged in building townships and residential or commercial complexes. The company's operations cover the entire development lifecycle, from identifying and acquiring land to the planning, execution, construction, and marketing of projects. However, the company's operations have been significantly affected due to financial problems, resulting in huge losses and a dip in turnover. Consequently, the company is under a Corporate Insolvency Resolution Process initiated by the National Company Law Tribunal to oversee its operations. To strengthen its financial position, the company plans to enter the Information Technology and Chemical business sectors, which are related to real estate. Due to these financial constraints, the company is currently unable to deliver its existing projects to customers.;