|Tata Housing announces aggressive growth plans
Oct 11, 2010
- Announces a wholly owned subsidiary “Smart Value Homes Pvt. Ltd.”
The new and enhanced Shubh Griha at Vasind will provide additional features, better designs, elevations and extra space to the consumers and consist of 1RK and 1BHK apartments priced between Rs. 5.79/- lacs to Rs. 7.82/- lacs. Conveniently located at 1.5 kms. from the Vasind railway station on the Central line, Shubh Griha is in close proximity to Shahapur and Kaylan/ Bhiwandi junction and has direct access to the Mumbai – Nashik highway (NH3). Nestled in the beautiful hills of Vasind and Spread across 52 acres, Shubh Griha will follow an integrated township approach and is conceptualized by Tata Housing with a vision to create a positive ecosystem for the neighborhood and the community.
Announcing the launch ‘Shubh Griha’ at Vasind, Mr. Brotin Banerjee, Managing Director and Chief Executive Officer of TATA Housing said, “Following the success of Shubh Griha at Boisar and coupled with an extensive consumer demand, we have incorporated a few changes in our newly launched Shubh Griha at Vasind. We are confident that consumers will be extremely delighted with the additional features. We are extremely proud to announce “Smart Value Homes Pvt. Ltd.”- a wholly owned subsidiary of Tata Housing Development Company Ltd. that will focus on the Affordable and Value Housing projects. Being a very important part of Tata Housing’s growth strategy, we plan to invest over Rs. 2500 crore by 2011 in Value and Affordable Housing projects across the Tier I and Tier II cities in India.”
Following the integrated township approach, Shubh Griha at Vasind will offer facilities such an elevator, fully equipped gym large community centre, playground, green landscaped seating area, jogging track, benches and pathways for pleasure walks, beautiful landscaped gardens, ample parking area, rainwater harvesting, school, healthcare centre, convenience stores, retail spaces, etc.
‘Shubh Griha’ moves beyond merely providing a home with its concept of the ‘Neighborhood and Community,’ giving its customers a sense of place and community life. ‘Shubh Griha’ offers unparalleled range of amenities and experiences such as a balanced mix of buildings and open spaces, best quality lighting and ventilation for all apartments, large, centralized and accessible open spaces, recreational facilities, a hospital, school and a community hall amongst others.
‘Shubh Griha’ is a cost efficient, quality product that has been developed post in-depth research and understanding of the consumer needs. Research has revealed that India today faces a total shortage of 26 million dwelling units, with more than 70% of this shortage in the Middle and Low Income Groups. ‘Shubh Griha’ is well placed to address these identified needs. The second township will of the nation wide project will be developed in Vasind, with plans to expand into other Tier I and II markets in the country. With a balanced mix of buildings and open spaces, these projects will be constructed under the guidance of Indian Green Building Council (IGBC).
The Product Mix
Tata Housing offers homes at ‘Shubh Griha’, Vasind starting from Rs. 5.79/- lacs. to Rs. 7.82/- lacs.
Toll Free Number - 1800 266 6666 or visit www.shubhgriha.com Or SMS SG to 5616133
The Booking ProcessApplicants can purchase the Application form booklet at Rs. 300/- across 18 IDBI branches in Mumbai and Thane. After purchase of the Application form booklet, bookings should be made in the next 15 days along with the initial booking amount of Rs. 25,000/- through bank pay order at selected branches of IDBI bank across Mumbai. The first list and the waiting list will be declared after 30 days of the final booking after a thorough scrutiny of the submitted Application form booklets. The allotted would be sent allotment letters from Tata Housing along with the payment schedule. Details of other requirements have been provided in the Application form booklet itself.
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