Tata Group Real estate
Reliance Industries Ltd (RIL), Tata group and the Aditya Birla group—India’s three biggest conglomerates—have announced new investments or capital expenditure adding up to almost Rs.3 trillion over the next 3-4 years. The corporate spending had reduced during the economic slowdown in the last few years. Others, like the Adani Group and Larsen and Toubro Ltd [...] Continue Reading »
The several firms existing in the Tata Group of Industries have come up with a capital expenditure of over Rupees 65,000 crore. The capex happens to be a part of the medium term strategies which cover all the important fields of the group. Engineering, materials, information technology, communication, consumer products, services, energy to chemicals are [...] Continue Reading »
In the current financial year Tata Housing, the Tata Group’s real estate company, has decided to invest Rs 3,000 crore to acquire more land, including joint development agreements, across major cities in India. Brotin Banerjee, the MD & CEO of Tata Housing Development mentioned that Tata Housing’s expenditure will be 50-60% more in land acquisition [...] Continue Reading »
The Tata Group’s upscale hotel chain Gateway Hotels has revealed in a recent announcement that three new launches have been planned by the company for the September and October — a period when the Indian hospitality sector is abuzz with activity. The locations for the three formal openings planned by Gateway Hotels include Pune, Raipur, [...] Continue Reading »
Tata group has now set its sights on building the world’s cheapest house. The Indian company that launched the world’s cheapest car has unveiled its latest product for the fast-growing nation-a flat-pack house that costs just $700 and can be built in a week. What’s more, nicknamed the `Euro 500 home‘, a 20 square metre [...] Continue Reading »
