Tata Realty plans Rs 1700 crore investment
Tata Realty and Infrastructure Ltd (TRIL) proposes to invest over Rs 1700 crore in two to three years for various projects in the country.
TRIL is a 100 percent subsidiary of Tata Sons Ltd. Their future investment includes Rs 550 crore in Kochi for a premium waterfront residential property, ‘Tritvam‘, at Marine Drive.
According to sources, TRIL plans to invest Rs 600 crore for developing roads and also to invest Rs 180 crore in Logistics and Rs 160 crore in developing real estate part of hotels.
The group plans to develop six hotels in India in coming years – one each in Goa, Bangalore, Andamans and Nagpur and two in Chennai. The company further plans to invest in concepts like Metro Rail, Mono rail and High Speed Rail Corridor.
To read more real estate news:
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High speed rail corridor, kerala real estate, Kochi Real Estate, logistics, Metro and mono rail construction, metro rail, Real estate in India, Real Estate India, Realty News, Tata Realty, Tata Realty and Infrastructure Ltd (Tril), Tata Sons Ltd., Tritvam
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