New Delhi: Tata Housing Development Company has assured that its customers of timely completion of projects despite slowdown in the property market.
At present, Tata Housing is developing two residential projects at Bangalore and Gurgaon, which will be ready for possession by December 2010 and June 2011 respectively.
“We, at Tata Housing, are committed to make landmark projects in terms of quality with timely construction, execution and delivery schedules, be it in these difficult times as well,” Tata Housing Managing Director Brotin Banerjee said in a statement.
“As a long-term vision, our entire team is dedicated to safeguard the trust of our customers and we will be delivering the product as per the earlier schedule,” he added.
The company also said that it enjoys complete support from all its banking and financial institutions.
Banerjee said that the realty sector is going through a bad phase with nervous buyers are avoiding high-value purchases.
“The biggest concern for any buyers is the transparency in dealings, credibility and reliability of the developer and of the delivery timeliness being met with,” he added.
In today’s scenario when the realty sector is witnessing delay in construction and even annulment of certain projects, Tata Housing gives the necessary comfort and confidence to an anxious consumer market by being committed to its planned schedules, the statement said.