Tata Housing Development Company on Wednesday announced Independence Day offers, including lower stamp duty and freebies, for potential customers in some of its projects across India in order to boost sales amid strong demand. In a statement, the company said it is providing exclusive Independence Day offers for its prestigious luxury projects in the South and West regions of India. "Tata Housing is leveraging this period of high demand to offer substantial financial benefits such as reduced stamp duty fees to make homeownership more attainable and rewarding for buyers during this festive season," the company said. In the Western region, Tata Housing's 'Serein' project in Thane is offering a substantial saving of up to Rs 19 lakh on stamp duty. At the same time, Tata Housing's 'Amantra' in Kalyan, is providing its homebuyers with savings of up to Rs 4 lakh on stamp duty for the first 25 units. Furthermore, Tata Value Homes, 'Sense 66' in Pune presents flexible payment plans. In t
Realty firm Tata Housing has sold plots worth Rs 650 crore in its recently launched residential project in Bengaluru. In a statement, the company on Friday said it has sold all inventories in the first phase of its project, Raagam, achieving revenue of over Rs 650 crore within one week of its launch. "With 576 plots sold and a total area of 9 lakh square feet, the project's overwhelming response reflects the robust demand for premium residential offerings in Bengaluru's real estate market," it said. The project is part of township 'Tata Carnatica' in Devanahalli, North Bengaluru. Tata Housing Development Company Ltd is a subsidiary of Tata Realty and Infrastructure Ltd. Tata Housing currently has more than 33 projects with a total development potential of over 51 million square feet spread across major cities in India, Sri Lanka and Maldives. Tata and Tata Housing are registered trademarks of Tata Sons Private Ltd.
Tata Housing will launch 10 million square feet of residential projects over the next 2-3 years with an estimated revenue of Rs 16,000 crore to encash strong consumer demand, a top company official said. In an interview with PTI, Tata Realty and Infrastructure Ltd MD & CEO Sanjay Dutt sounded very bullish about the growth potential in India's housing market and said the company would be launching several projects to tap this rise in demand. "We are launching 10 million square feet residential projects across various cities with a topline of roughly Rs 16,000 crore." Tata Realty and Infrastructure Ltd (TRIL) is a 100 per cent subsidiary of Tata Sons. Tata Housing is part of TRIL. Elaborating on the launch pipeline, Dutt said majority of these projects will be in Delhi-NCR, Mumbai Metropolitan Region (MMR) and Bengaluru. Tata Housing will launch projects in other Indian cities as well and will also come up with its second project in Male, Maldives. "Most of these projects will be .
Tata Housing, a subsidiary of Tata Sons, on Wednesday said its net sales bookings grew by 40 per cent during the last fiscal year on a strong demand for residential properties in its projects. The company did not disclose the sales bookings value for the 2022-23 fiscal. In a statement, Tata Housing said it has achieved the highest-ever annual residential sales. "Owing to positive consumer sentiments and a strong business proposition, Tata Housing witnessed an exponential demand from North, West, South & East markets...," the company said in a statement. Sanjay Dutt, MD & CEO of Tata Realty & Infrastructure Ltd, said, "We have a strong foothold in the realty market and are actively capitalising on the latest consumer sentiments." "Trends like the rise in millennial home-buying sentiments as well as the surge in NRIs and HNIs investing in the residential segment have allowed us to leverage our diverse portfolio offering homes with an array of residential solutions to a wide
Tata Housing's sale bookings surged five folds to Rs 623 crore in April-June 2022-23 on strong demand across its residential projects. Tata Housing, which is a 100 per cent subsidiary of Tata Sons Pvt Ltd, is one of the leading real estate players in the country and is developing projects across major cities. Sanjay Dutt, Managing Director and CEO of Tata Realty & Infrastructure, said: "With the rise in demand propelled by normalcy post the last COVID wave, Tata Housing has generated Rs 623 crore revenue in Q1 and has added Luxa One in Maldives to our portfolio." Housing sales of almost all real estate developers were badly impacted in June quarter last fiscal year because of the second wave of the COVID-19 pandemic. With exponential growth in the first quarter of FY23, he said the company looks forward to reshaping the demand for residential solutions in India and international markets. He expects to clock triple-digit growth in current fiscal year. "We are on a path to become
Tata group's real estate arm Tata Housing plans to invest around Rs 1,200 crore over the next two years to acquire land outright and through joint ventures across major cities to develop group housing projects as well as for plotted development, which has gained traction amid the COVID pandemic. In an interview with PTI, Tata Realty and Infrastructure CEO & MD Sanjay Dutt noted that the demand for plots has increased significantly during the pandemic and highlighted that the company has sold all 157 plots in Bengaluru for Rs 130 crore. Tata Housing Development Company Ltd and Tata Realty and Infrastructure Ltd are 100 per cent subsidiaries of Tata Sons. Tata Housing has recently launched a project 'Swaram' at Devanahalli in Bengaluru, Dutt said, adding that the plots were sold out within 36 hours of its launch. "We sold all 157 plots for Rs 130 crore," he said. The project is a part of Tata Housing's 140 acre township 'Carnatica' developed by One Bangalore Luxury Projects LLP, a ..
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You have to align to local markets and focus on the needs of customers in that market and deliver to their expectations, says Tata Housing MD Sanjay Dutt
Sanjay Dutt will head the vertical, to be formed as a result of Chairman Chandra's cluster vision
Banerjee would be overseeing the transition along with Tata Sons' president of infrastructure and defence and aerospace business Banmali Agrawala
Portfolio will be a combination of greenfield and brownfield projects: MD & CEO
It would also be designed to host 300 viewers, complete with parking space, the release added
Macquarie Group will put in Rs 1,400 cr while the Tata group firm will contribute Rs 600 cr
It is already present in Delhi-NCR property market and is developing four housing projects in Gurgaon
Eyes Rs 1,000 cr revenue from the project