News & Views on Indian Real Estate

Tuesday, August 12, 2008

Tatas to come up with a Residential Property

Tata Housing Development Company Ltd has forayed in to the North Indian market with the launch of a residential property in Gurgaon. The company is coming up with a high-end 11.73 property - Raisina Residency to be jointly developed by Tata Housing and Mumbai-based Raheja Developers. The project has pre-certified 'Green Homes' under the guidance of Indian Green Building Council and comes with 86 per cent open-area around the towers. Mr. Navin M Raheja, Chairman, Raheja Builders, said, "Raisina Residency will be the new luxury address in the Gurgaon metropolis. Air-conditioned condos, penthouses with island bathtubs and a state-of-the-art clubhouse, fluid landscape are some of the luxuries offered."