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Tata Housing announces first overseas project in Maldives

Tata Housing announces first overseas project in Maldives
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First Published: Tue, Jul 05 2011. 06 50 PM IST
Updated: Tue, Jul 05 2011. 06 50 PM IST
Mumbai: Tata Housing Development Co. Ltd. Tuesday announced the launch of its first overseas project in Maldives in a joint venture with SG18 Developers Pvt. Ltd.
The project, which will be developed under the banner of Apex Realty, a special purpose vehicle of the joint venture will entail a total of 850,000 square feet of built area, spread into 422 apartments, 50 villas and 150,000 square feet of retail space.
Tata Housing will invest between Rs 850 - Rs 900 crore in the project that is expected to be spread over 30-36 months.
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First Published: Tue, Jul 05 2011. 06 50 PM IST