Construction | February 2014
Tata Housing to invest Rs 300 crore on housing project in Chennai
Tata Housing will invest Rs 300 crore on developing a new housing project near Chennai. The project 'Santorini', spread over 18 acres, comprises 1,000 housing units. Located on Chennai-Bangalore highway at Sriperumbudur, the project will be developed by its subsidiary Tata Value Homes Ltd. Besides, the company has 70 mn sq ft under various stages of planning and execution and an additional 19 mn sq ft in the pipeline.