Business Standard

Friday, December 20, 2024 | 05:08 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Tata Housing

Tata Housing Q1 revenue rises manifold to Rs 623 cr on strong demand

Tata Housing's sale bookings surged five folds to Rs 623 crore in April-June 2022-23 on strong demand across its residential projects. Tata Housing, which is a 100 per cent subsidiary of Tata Sons Pvt Ltd, is one of the leading real estate players in the country and is developing projects across major cities. Sanjay Dutt, Managing Director and CEO of Tata Realty & Infrastructure, said: "With the rise in demand propelled by normalcy post the last COVID wave, Tata Housing has generated Rs 623 crore revenue in Q1 and has added Luxa One in Maldives to our portfolio." Housing sales of almost all real estate developers were badly impacted in June quarter last fiscal year because of the second wave of the COVID-19 pandemic. With exponential growth in the first quarter of FY23, he said the company looks forward to reshaping the demand for residential solutions in India and international markets. He expects to clock triple-digit growth in current fiscal year. "We are on a path to become

Tata Housing Q1 revenue rises manifold to Rs 623 cr on strong demand
Updated On : 25 Jul 2022 | 12:35 PM IST

Tata Housing plans Rs 1,200 crore investment for premium housing

Tata group's real estate arm Tata Housing plans to invest around Rs 1,200 crore over the next two years to acquire land outright and through joint ventures across major cities to develop group housing projects as well as for plotted development, which has gained traction amid the COVID pandemic. In an interview with PTI, Tata Realty and Infrastructure CEO & MD Sanjay Dutt noted that the demand for plots has increased significantly during the pandemic and highlighted that the company has sold all 157 plots in Bengaluru for Rs 130 crore. Tata Housing Development Company Ltd and Tata Realty and Infrastructure Ltd are 100 per cent subsidiaries of Tata Sons. Tata Housing has recently launched a project 'Swaram' at Devanahalli in Bengaluru, Dutt said, adding that the plots were sold out within 36 hours of its launch. "We sold all 157 plots for Rs 130 crore," he said. The project is a part of Tata Housing's 140 acre township 'Carnatica' developed by One Bangalore Luxury Projects LLP, a ..

Tata Housing plans Rs 1,200 crore investment for premium housing
Updated On : 05 Apr 2022 | 11:45 AM IST

Tata Housing to offer 150 units at discount; flash sale starts from Mar 12

Realty firm Tata Housing on Wednesday said it will offer 150 units across 15 projects at a discounted price

Tata Housing to offer 150 units at discount; flash sale starts from Mar 12
Updated On : 10 Mar 2021 | 3:52 PM IST

Punjab granting Tata housing project clearance smacks of arbitrariness: SC

Apex court cancels Tata Housing Development's environmental clearances for residential complex on Sukhna lake bank

Punjab granting Tata housing project clearance smacks of arbitrariness: SC
Updated On : 05 Nov 2019 | 6:18 PM IST

We're realigning to market, internal targets: Tata Housing MD Sanjay Dutt

You have to align to local markets and focus on the needs of customers in that market and deliver to their expectations, says Tata Housing MD Sanjay Dutt

We're realigning to market, internal targets: Tata Housing MD Sanjay Dutt
Updated On : 21 Feb 2019 | 12:20 AM IST

N Chandrasekaran to merge Tata's housing, realty firms in three months

Sanjay Dutt will head the vertical, to be formed as a result of Chairman Chandra's cluster vision

N Chandrasekaran to merge Tata's housing, realty firms in three months
Updated On : 20 Feb 2018 | 9:10 PM IST

Tata Housing CEO and MD Brotin Banerjee resigns over personal reasons

Banerjee would be overseeing the transition along with Tata Sons' president of infrastructure and defence and aerospace business Banmali Agrawala

Tata Housing CEO and MD Brotin Banerjee resigns over personal reasons
Updated On : 08 Feb 2018 | 1:40 AM IST

Tata Housing bullish on Rera, GST; to invest up to Rs 800 cr in FY18

Portfolio will be a combination of greenfield and brownfield projects: MD & CEO

Tata Housing bullish on Rera, GST; to invest up to Rs 800 cr in FY18
Updated On : 23 Jul 2017 | 2:30 PM IST

Tata Housing to build India's biggest gymnastic centre

It would also be designed to host 300 viewers, complete with parking space, the release added

Tata Housing to build India's biggest gymnastic centre
Updated On : 06 Apr 2017 | 10:42 PM IST

Tata Housing, Macquarie form Rs 2,000 cr fund

Macquarie Group will put in Rs 1,400 cr while the Tata group firm will contribute Rs 600 cr

Tata Housing, Macquarie form Rs 2,000 cr fund
Updated On : 25 Dec 2016 | 12:41 PM IST

Tata Housing starts projects in Noida, ties up with builder Lotus Greens

It is already present in Delhi-NCR property market and is developing four housing projects in Gurgaon

Tata Housing starts projects in Noida, ties up with builder Lotus Greens
Updated On : 04 Dec 2016 | 1:41 PM IST

Tata Housing to complete Rs 700-cr project in Odisha by 2020

Eyes Rs 1,000 cr revenue from the project

Tata Housing to complete Rs 700-cr project in Odisha by 2020
Updated On : 09 Aug 2016 | 4:39 PM IST