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CG Launches Three Housing Projects

  1 min 4 sec to read

CG Developers, the property development wing of Chaudhary Group has launched three housing projects. These are the Mount View Residency (MVR) Phase III at Harisiddhi, CG Hills at Hattigauda and Bharatpur Hub, a shopping mall at Bharatpur, Chitwan. “The total investment for these projects will be Rs 1.1 billion,” said Nirvana Chaudhary, the Managing director of the group.
 
A statement from the group claims that the MVR III will have nine independent houses with design and architecture similar to that of MVR I and II. These houses would cost between Rs 15 million to Rs 20 million. Similarly, CG Hills at Hattigauda will have 60 stand-alone and row houses built in four to nine aanas of land, according to the statement. The houses in this project would cost from Rs 10 million to Rs 15 million.

The Bharatpur Hub will be the first multiplex with shopping mall, food court and a three or four star hotel outside the Kathmandu Valley, the statement said. The multiplex will be constructed at an investment of Rs 550 million. “We will construct similar malls in Pokhara, Itahari and Butwal in the near future. The investment in each project will be at least Rs 500 million,” informed Chaudhary.

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