CHINA HGS REAL ESTATE, INC. : China HGS Begins Construction on Oriental Mingzhu Residential Project
China HGS Real Estate Inc. In the next few years, we believe the real estate market in Hanzhong and the surrounding region will continue its strong growth. We will methodically allocate capital and resources according to plan and strive to make Oriental Mingzhu our next home run. Total investment is estimated to be RMB 800 million of which RMB 197 million has been paid as of April 30, 2012. , Ltd. , has specialized since 1995 in real estate development in China's third-tier and fourth-tier cities. China HGS Real Estate Inc. The Company possesses the national Grade-I real estate qualification and was ranked as the No. "Oriental Mingzhu is an important project that HGS has been carefully planning for the last two years," stated Mr. The Company's real estate properties include multi-layer, sub-high-rise, and high-rise apartment buildings. "We are glad the construction phase has successfully began. Zoning plans approved by relevant PRC authorities include building plans of 261,000 square meters, of which 211,000 square meters will be above ground and another 50,000 square meters will be underground parking. 1 property developer in Hanzhong, Shaanxi Province in terms of market share in 2007, 2008, 2009, 2010, and 2011 successively. CHINA HGS REAL ESTATE, INC. : China HGS Begins Construction on Oriental Mingzhu Residential Project |