Tata Value Homes: New Affordable Flats at Mambakkam Chennai..

Tata Value Homes
New Affordable Flats at 
Mambakkam Chennai.

About 1,600 flats in this project, spread over 15 acres.

Real Estate major Tata Housing said in a statement that its subsidiary Tata Value Homes would develop this affordable housing project under the brand 'New Haven'.

"Tata Value Homes launches New Haven at Mambakkam, Chennai with an investment of over 700 crore," the company added.

Tata Housing had formed Tata Value Homes in 2010 to build value and affordable housing.

Tata Housing Managing Director and CEO Mr. Brotin Banerjee said,  "With the ever growing appetite for affordable residences with premium facilities in India, launch of New Haven in Chennai is in line with our expansion plans of this pan Indian brand across top 8 cities in India"

This is the 4th project under this brand. The other 3 are at Boisar, Bangalore & Ahmedabad.

 Tata Housing has said it will invest over Rs 700 crore to develop a new housing project in Chennai.

The firm would develop 1,600 flats in this project, spread over 15 acres.

Tata Value Homes has introduced 2  pan-India brands - ShubhGriha (value homes) and New Haven (Affordable homes).

Tata Housing is a subsidiary of Tata Sons Ltd, which holds 99.86% stake in the real Estate Company.

The Firm is developing 7 Crore square feet of area and an additional 1.9 crore square feet in the pipeline. It is offering products ranging from Rs 5 lakhs to Rs 14 crores.

With strength of over 650 employees, Tata Housing has presence in Mumbai, Pune, Ahmedabad, Goa, Gurgaon, Chandigarh, Bengaluru, Chennai, Kolkata &  Bhubaneswar.

The firm has ventured into foreign markets such as Maldives and is actively exploring other markets including Sri Lanka and other South Asian countries. 

Corporate Office
Tata Value Homes Development Co. Ltd.,
12th Floor, Times Tower,
Kamala Mills Compound,
Senapati Bapat Marg, Lower Parel,
Mumbai - 400013
Tel: +91 22 6661 4444
Fax: +91 22 6661 4452

South India
"Corniche Al-Latheef",
Ground Floor – A Wing,
No - 25, Cunningham Road,
Bengaluru – 560052
Tel: +91 80 6647 8800
Fax: +91 80 6647 8822

Media Contacts
Amit Nanda
Manager – Marketing Communications
E : amitnanda@tatahousing.com
Tel.: (D): +91 22 - 66614959
Mobile: +91 9820103119

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