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| Tata Housing adds 300 units to its low-cost housing projects |
| Press Trust of India / New Delhi Jun 09, 2009, 18:37 IST |
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Buoyed by a huge response, real estate firm Tata Housing has added 300 units to its offer of 1,000 low-cost houses, which are being sold for Rs 4 lakh a flat, in Boisar near Mumbai.
"We are very encouraged by the enormous response we have received from not just India, but across the globe.
"Nevertheless, while the enhancement of units being offered for the Boisar project will not meet the demand we have received at this time, it will allow us to fulfill the dreams of 300 additional families," Tata Housing Managing Director and CEO Brotin Banerjee said in a statement.
The company would now offer a total of 1,300 units instead of 1,000 flats announced earlier. The bookings have been closed and the allotment of for new units would be announced by the end of June this year.
Earlier last month, the Tata Group firm had announced the housing project at Boisar, about 100 km from Mumbai.
The project, built on 63.58 acres, would offer 283 sq ft flats with a room and a kitchen at Rs 3.9 lakh under the brand 'Shubh Griha' and would also have a demarcated area where the price of units may range between Rs 10 lakh and Rs 16 lakh. It would also have a hospital, a school and recreational facilities.
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