Business » Industry

Updated: September 24, 2009 15:51 IST

Tata Housing launches affordable housing initiative ‘New Haven’

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A file picture of Mr. Brotin Banerjee, Managing Director, Tata Housing. Photo: Shashi Ashiwal
A file picture of Mr. Brotin Banerjee, Managing Director, Tata Housing. Photo: Shashi Ashiwal

Tata Housing Development Company today announced the launch of ‘New Haven’, an initiative in the affordable housing segment.

New Haven’s’ flagship project will be launched at Boisar in Mumbai and will offer 1,300 apartments, including 2 BHK and 3 BHK homes, starting at Rs 12.73 lakh with a minimum size of 670 square feet, a press release issued here said.

Conceptualised as a national brand, New Haven will meet the home-buyers’ full spectrum of lifestyle needs at an affordable price, it said.

“New Haven will offer self-contained homes with an amenity-rich lifestyle. Spread across 35-acres, the signature New Haven homes will provide consumers with a swimming pool, clubhouse and community centre, children’s playground, indoor badminton court among others,” the release said.

Tata Housing Managing Director and CEO Brotin Banerjee said that “with New Haven’, we have once again created a landmark offering where affordability meets exceptional lifestyle.”

Followed by this (Boisar) launch, ‘New Haven’ will set up a pan-India presence across Tier I and II cities in India.

Like all other properties of Tata Housing, ‘New Haven’ will also be constructed under the guidance of Indian Green Building Council (IGBC) and has been designed to reduce the impact on the environment.

Tata Housing offers homes at New Haven starting from Rs 12.73 lakh to Rs 26.22 lakh, the release said.

Consumers can book an apartment with an initial payment of 10 per cent of the total sale price as booking amount.

Tata Housing Development Company is a fully-owned subsidiary of Tata Sons.

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