Wednesday, May 13, 2009

Low cost housing for the low income segment people!

Tata Housing, part of the Tata Group of companies has pioneered the concept of property development among the corporates in India. They have developed an image as a reliable developer having the quality in the mind. Tata housing conceptualizes projects understanding the needs and preferences of the consumers. Changes in Lifestyle and the Demography have created a demand in the diverse residential formats.

Tata Housing keeping this in mind has come out with the concept Shubh Griha a housing project for the people who want to own a house for themselves. This concept would help in the development of the neighborhood and community which would in turn increase the interaction and provide a better lifestyle to the residents. Involving integrated township approach, the project provides houses which are sufficiently large with quality lighting and ventilation, centralized open space which is accessible.

The Shubh Griha housing development will also feature rainwater harvesting, which provides a balance mix of buildings, with large vegetated area which ensures fresh environment for the residents. Research shows that more than forty percent of the people with the low income are staying in rented accommodation. Keeping this in mind they have come out with a project which provides how along with a community life.

Tata housing has started this project in Mumbai and will later move to tier I and tier II cities. The building cost range from Rs.3.9lakh to Rs.6.9lakh which is sure to create a bench mark in the low cost housing segment. Launching the Nano Car recently this is sure to be another milestone for the Tata Group.

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