Tata group plans on real estate investment

Q: What is the plan of Tata group in real estate investment?

Shrikant Kejriwal, Mumbai

29th January 2013

Investment Advice in Mumbai

affordable housing

real estate investment

tata group

tata value homes

ifc

international finance corporation

tvh

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Replies (5)

Hi Guy's,
Yesterday, i heard that the International Finance Corporation (IFC), a member of the World Bank Group, will invest Rs. 160 crore along with Tata Value Homes (TVH), a subordinate of Tata Housing to finance affordable housing projects for low income group across India.

Sandeep Mhatre, Mumbai

13th May 2015

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Hi Sandeep,
This move indicates that our govt. is quite active for the middle class as well as for the poorer. Day before yesterday, i heard that the govt. has strictly told the opposition for the final sitting on Land Acquisition Bill and today once again a good news for middle class people. This project will really help to fill the country's significant housing deficit. At the same time it will help to increase availability of affordable and value homes in India.

Bikram, Mumbai

13th May 2015

Do you know Bikram.........this investment will provide Tata Value Homes long-term capital to develop about 16800 homes over the next 10 years. Earlier, Tata Housing had delivered over 5000 apartments in the price range of Rs 5 lakh to Rs. 30 lakh across various townships.

Sandeep Mhatre, Mumbai

13th May 2015

Chalo kisi ka to bhala ho raha hai........At the same time this move will help them to become India's largest home provider in the value and affordable housing section by 2018-19.

Bikram, Mumbai

13th May 2015

Even I have heard that the group had earlier purchased a 700,000 sq ft greenfield IT park from Kotak India Real Estate Fund I for Rs 525 crore in March 2011.

Lalit Verma, Mumbai

1st February 2013

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The IT parks which will be bought include Ramanujam IT special economic zone (SEZ) in Chennai. In this project, processing zone of 3.5 million sq ft of built-up area and a non-processing zone consisting of Cambridge Green a high-end residential enclave, a retail mall, service apartments and an international convention centre is also planned.

Padma G, Mumbai

1st February 2013

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Tata Realty & Infrastructure (TRIL), a part of TATA group also plans to buy some IT parks of smaller valuation in India.
The real estate investment trust (REIT) in Singapore which will pool the completed IT parks will help the group unlock revenue from built and leased out assets and re-deploy it for infrastructure projects such as the announced Mumbai trans-harbour link which they have bid for.

Bikram, Mumbai

1st February 2013

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The newly appointed head of Tata group, Cyrus Mistry, also a real estate and construction baron plans to launch a real estate fund in Singapore.This has been planned as the group wants to unlock a closely held subsidiary's investment in projects such as IT parks, malls and roads already built or under construction assets such as IT parks, malls and road projects.

Rakshit, Mumbai

1st February 2013

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