Tata Housing to invest Rs 350 Cr in ultra-luxury project

tata housing logoBy Accommodation Times Bureau

Tata Group’s Realty firm Tata Housing plans to invest Rs. 350 crore to construct an ultra-luxury residential project, in 3.5 acres of land with 150 apartments, at Alipore in Kolkata.

The project is expected to be launched by January end and even company has received all the required approvals to develop this project, sources said.

This project would be the most luxurious project with apartment price likely to be over Rs. 4 crores.

The project cost is estimated at about Rs. 350 crore, sources said.

Tata Housing has furnished over a million sq feet of the residential project and is expected to deliver over a million sq feet in next one year.

The company has a pipeline of 19 million sq feet across 12 cities in India. At the present company has over 70 million sq feet of resident projects under various phases of development.


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