News
Tata Housing signs deal to resume work on Male project
New Delhi: Tata Housing on Thursday signed addendum agreement with the Government of Maldives for completion of residential projects in Malé. The agreement was signed by Brotin Banerjee, Managing Director and CEO, Tata Housing, in the presence of Maldives Minister of Housing and Infrastructure Mohamed Muizzu in Maldives.
The agreement for this project was signed in May 2010 between the Government of Mohamed Nasheed and Apex Realty Pvt Ltd., a joint venture between Tata Housing and SG 18 Realty, to develop luxury holiday villas and premium apartments under the brand ‘La Grande’. With the revised agreement, the company will resume work on the Gaakoshi and Arabiyya sites.
Commenting on the announcement, Banerjee said, “We are delighted with this development and look forward to working with the Maldives Government to develop the project. We are positive that this will significantly contribute towards building strong bilateral relations between India and Maldives, thereby, encouraging other companies in India to enter into similar JVs.”
The residential properties are designed by using modernist principles and contemporary clean lines and details to meet the city’s prescribed set-back requirements. The architectural design of the project is the innovation of globally-renowned architects F+A of the US which uses contemporary designs and maximises the use of living spaces and natural light and air.
-
News4 weeks ago
Godrej Properties Sells Rs 3k cr+ Homes of Godrej Zenith, Gurugram, within 3 days
-
News4 weeks ago
RBI’s Status Quo on Key Policy Rates to Help Maintain the Real Estate Growth Momentum, Say Industry Stalwarts
-
News2 weeks ago
Noida’s High-Rise Societies Face Multiple Challenges Despite Rapid Urban Growth
-
News2 weeks ago
Olive Announces Dhruv Kalro as Co-Founder
-
News3 weeks ago
Godrej Properties Sells 5000+ Homes of Rs 9.5 cr in Q4FY24, Bookings up 84% YoY
-
News3 weeks ago
Vestian: Domestic Investors Dominate Institutional Investments in Jan-Mar’24
-
News2 weeks ago
India to become the fastest-growing silver economy, housing up to 17% of the world’s elderly population by 2050: CBRE Report
-
News3 weeks ago
HRERA Gurugram Rejects Godrej Properties’ Project Extension Application, Account Frozen For Prolonged Non-compliances