China Housing & Land Development, Inc.



Quote for China Housing & Land Development, Inc.

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Summary for China Housing & Land Development, Inc.

China Housing & Land Development, Inc. is a real estate development company. It focuses on Tier II and Tier III cities in Western China. The majority of its customers are first time home buyers and first time up-graders. The majority of its apartments have sizes in the range of 70 square meters to 120 square meters. The Company's typical residential project is approximately 100,000 square meters in size and consists of multiple high-rise, middle-rise and low-rise buildings, as well as the community center, commercial units, educational facilities, such as kindergartens and other auxiliary facilities. In addition, it provides property management services to its developments and has membership systems for its customers. The Company acquired, Suodi Co., Ltd. and Shaanxi Xinxing Construction Co., Ltd. (together the Acquired Companies) on January 15, 2010 and October 1, 2010, respectively. On March 31, 2010, it incorporated Xinxing Fangzhou Housing Development Co., Ltd., (Fangzhou).