Connect with us


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.

Latest News

Events2 days ago

Danube Properties’ Dh525 million Opalz sold out on the first day of launch

October 4, 2022: Danube Properties, the UAE-based affordable housing developer, said, its latest project Opalz, a twin-tower residential project with...

Events2 days ago

Pacific Mall D21’s ‘Dussehra Celebrations’ drops the curtain with high attendance

New Delhi: Pacific Mall D21 organised a two-day Dussehra celebration and Garba Night, attracting massive turnouts. The special arrangement of...

News2 days ago

Tata Value Homes sells over 100 residential units at New Haven, Bahadurgarh at launch

Delhi/Haryana October 4, 2022: With an aim to address the growing demand for quality homes in Haryana – Bahadurgarh, Tata...

New Launches2 days ago

Welspun Corp opens steel plant in Anjar

October 3, 2022, Anjar, Gujarat: Welspun Metallics Limited, a subsidiary of Welspun Corp Limited (WCL), the flagship company of the Welspun...

Events2 days ago

Over 1500 cyclists join Hiranandani Thane Cyclothon 2022 to support ‘Rhyme for Earth’ initiative

October 2, Thane: The Hiranandani Group hosted the first Hiranandani Thane Cyclothon today from its thriving Thane township, Hiranandani Estate. Over...

New Launches2 days ago

Ashiana Housing adds over 900 senior living units with Villas and Apartments with the launch of Ashiana Advik in Bhiwadi

New Delhi, October 3, 2022: New Delhi-based real estate developer Ashiana Housing has announced the launch of Ashiana Advik in Sector 39, Bhiwadi....