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Tata Value Homes forays in Kolkata's Affordable Housing Segment

| | Feb 18, 2015, at 04:20 am
Kolkata, Feb 17 (IBNS): Tata Value Homes Limited, a 100% subsidiary of Tata Housing Development Company Limited, on Tuesday announced its entry into Kolkata's Affordable Housing market with the launch of Adwita as a Development Manager with the Square Four Group.

The spacious complex offering apartments in the range of Rs. 39.6 lacs to Rs 51.8 Lakhs has already received an overwhelming response from both the consumers and channel partners.

Conceptualised, Marketed and Managed by Tata Value Homes, Adwita, the residential cum commercial project will be spread across 25 acres on B T Road, in North Kolkata. The total project has a development capacity of over 4 million sq feet and once completed will house over 3500 families in the township. Adwita will enable homebuyers to experience various facets of a township at affordable prices. With a view of the Hoogly and nestled away from the hustle-bustle, Adwita promises its residents a quality yet affordable lifestyle.

Speaking on this occasion, Brotin Banerjee, MD & CEO, Tata Housing Development Company said, “Keeping in mind the increase in demand for quality housing in the affordable housing space, we are pleased to offer Adwita – a landmark project with which we are hopeful of meeting expectations of a comfortable yet aspirational lifestyle. At Tata Housing it’s our constant endeavour to offer benchmark projects basis on the needs and requirements of our consumers. With each of our offerings, TATA Housing has created distinct products that have been welcomed by consumers”

Launching the new Project, Ganesh Singhania, Chairman, Square Four Group said, “We are extremely glad to get into the development manager agreement with Tata Value Homes. We are sure of creating a new landmark in Kolkata with Adwita.”

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