Tata Housing, on Monday, announced that it had entered into an agreement with Alstom T&D India to buy its manufacturing unit spread across 20 acres in Bangalore for Rs.120 crore.
A Tata Housing spokesperson said that as part of our long-term strategy, the company was expanding its presence in the fast growing city of Bangalore. “We are planning to launch an ultra-luxury project on this land to cater to the increasing aspiration of higher living in the city,’’ the spokesperson said in a statement here.