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TVS housing arm ropes in Singapore's Keppel Land for project near Chennai

The partners will develop the project through a JV, in which Keppel Land's subsidiary will take 49 per cent stake for Rs 77.2 crore

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Construction is expected to commence in the third quarter of 2021.

3 min read Last Updated : Aug 31 2020 | 7:55 PM IST

Emerald Haven Realty Limited (EHRL), part of the $8.5 billion TVS Group and housing arm of TVS Motor, has roped in Asian property company Keppel Land Limited (Keppel Land) to develop a housing project in South Chennai.

The partners will develop the project through a JV, in which Keppel Land's subsidiary will take 49 per cent stake for Rs 77.2 crore (around 14.1 million Singapore dollars).

The residential project is currently being undertaken by Emerald Haven Life Spaces (Radial Road) Limited (EHLS), a subsidiary of TVS Emerald. EHLS will transfer its undertaking, consisting of the project and the site, to

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