Tata Housing will develop new project in Goa for Rs 400 crore

Q: Tata Housing will invest about Rs 400 crore over the next three years to develop a mid-income housing project in Goa.

Franklin, Goa

8th February 2016

Real estate News in Goa

tata housing

tata group

affordable housing project in goa

luxury villa project in goa

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Replies (2)

Hi Mark,
As far as this project is concerned, it will have 250 units in the phase-1 with a starting price of Rs 35 lakh. The construction work has already started and the company is targeting to complete the entire project in 3 yrs as it would be low-rise towers.

Lewin G,

8th February 2016

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hello Lewin,
I also heard that Tata Housing is looking to enter Noida property market and is in discussions with four local builders, including Logix group and Lotus Greens, to form a joint venture for the development of a housing project. It is developing 4 projects in Gurgaon too.

Mark, Goa

8th February 2016

I think these second home projects will give buyers an opportunity to experience a lifestyle with the latest amenities and technologies, security and lifestyle which may not be possible in a big city.

Lewin G,

8th February 2016

Hi Franklin,
For your knowledge, i would like to tell you that this is the 2nd project that the Tata group firm will be developing in that city. About 7-8 yrs ago, it had developed a luxury project comprising 65 villas. But this time company will develop about 650 housing units on a 7-acre land parcel in Goa.

Jerome Fernandez, Mumbai

8th February 2016

Comment

Hi Jerome,
Thanks for the information. I knew it. The company is already developing housing projects in Kasauli (Himachal Pradesh), Lonavala (near Mumbai) and Talegaon (near Pune) targeting buyers looking for 2nd home.

Mark, Goa

8th February 2016