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Friday, December 24, 2010

Tata Housing Subsidiary Announces Launch of Hill Township at Thane


Smart Value Homes, a 100 per cent subsidiary of Tata Housing Development Company, has announced the launch of New Haven — a hill township at Vasind in Thane district, Maharashtra. Spread across 33-acres, the new project would offer 1,252 apartments, including 2 BHK and 3 BHK homes starting from Rs 15-30 lakh, according to a company press release.
“With a shortfall of around 26-million dwelling units, there is a lot of untapped demand for quality affordable housing projects across India. The launch of New Haven is in line with our expansion plans in the affordable housing space,” Tata Housing managing director and chief executive officer Brotin Banerjee said.
New Haven is strategically located in Mumbai’s new growth corridor and combines international design fitted with latest facilities, he added.
The project is located at 1.5 km from the Vasind railway station on the central line and is in close proximity to Shahapur and Kalyan-Bhiwandi junction, the press release said.