Tata Housing Development Company announces its first project in
Gujarat, a mega integrated sustainable green township, spread across 135
acres
Ahmedabad: Tata Housing Development Company (Tata Housing), India’s
fastest growing pan-India real estate developer with presence across the
consumer pyramid, today announced the company’s foray into the Gujarat
market with the launch of Shubh Griha, Tata Housing’s iconic
value-housing pan-India brand, in Ahmedabad.
The project will be jointly developed with Arvind Real Estate, under
the banner of Arvind and Smart Value Home LLP, a special purpose
vehicle created to develop a mega, integrated, sustainable, green
township, spread across 135 acres.
Shubh Griha, a part of the integrated township project, designed by
internationally renowned architectural firm HoK of Toronto, has
been planned taking inspiration from the architecture of Gujarat. The
project will become a benchmark infrastructure project in Gujarat. The
project will follow an integrated, sustainable township approach and is
conceptualised by Tata Housing with a vision to create a positive
ecosystem for the neighbourhood and the community.
The new and enhanced Shubh Griha at Ahmedabad will not just be
painted with colours but with the hues of Gujarat. Every little amenity
has been planned keeping in mind the Gujarat way of life. Strategically
located on Vadsar-Kalol Road, near Arvind Mills campus, the project
offers all the essential amenities that will uplift the quality of life
of the residents of Gujarat. Shubh Griha Ahmedabad will offer 1RK, 1BHK
and 1.5BHK apartments priced between Rs7.92 lakh to Rs12.33 lakh.
Announcing the launch of Shubh Griha at Ahmedabad, Brotin Banerjee,
managing director and chief executive officer, Tata Housing, said,
“Following the success of Shubh Griha at Boisar and Vasind in
Maharashtra and coupled with an extensive consumer demand from the low
and medium income consumer segments, we are happy to bring this iconic
and successful brand for the people of Gujarat. We are proud to partner
with one of the most respected business groups of India. As part of our
long-term strategy, we are looking at establishing our presence in the
emergent tier 1 and tier 2 cities. This partnership with Arvind will
help us tap into Gujarat, an important market, for township projects,
while being committed to our endeavour of sustainable development.”
Sanjay Lalbhai, CMD, Arvind, said, “Arvind is excited and proud to
have joined hands with Tata Housing in Gujarat for this mega project.
This township is all set to redefine standards of quality and delivery
of real estate in Gujarat. This project and partnership with the Tatas
is one more endeavour from Arvind to enhance the lifestyles of consumers
across varied segments.”
Kamal Singal, CEO, Arvind Real Estate, added, “In partnership with
the Tatas, this project is one more important step forward for Arvind
Real Estate in delivering quality and trust to the real estate customers
of Gujarat. After touching millions of lives through our apparels and
lifestyle products, we are excited to bring state-of-the-art, modern and
contemporary real estate solutions to the consumers in Ahmedabad.”
IGBC Gold certified project
Following the integrated, sustainable, green township approach, Shubh
Griha at Ahmedabad will be pre-certified 'Gold' by Indian Green
Building Council (IGBC). Shubh Griha moves beyond merely providing a
home with its concept of the 'Neighborhood and Community', giving its
customers a sense of place and community life. Shubh Griha offers an
unparalleled range of amenities and experiences, such as a balanced mix
of construction and open spaces, maximum lighting and ventilation for
all apartments, large, centralised and accessible open spaces,
courtyards, recreational facilities, a hospital, a school and a
community centre with a gym, amongst others.
Shubh Griha is a cost-efficient, quality product that has been
developed post in-depth research and understanding of the consumer
needs. Research has revealed that India today faces a total shortage of
26 million dwelling units, with more than 70 per cent of this shortage
in the middle and low income groups. Shubh Griha is well placed to
address these identified needs. Tata Housing plans to take this brand
into other tier 1 and tier 2 markets in the country as well. With a
balanced mix of buildings and open spaces, these projects will be
constructed under the guidance of IGBC.
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