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TRIL to invest Rs 800 cr in Chennai projects
Tata Sons subsidiary Tata Realty and Infrastructure (TRIL) will invest nearly Rs 800 crore in residential and infrastructure projects in Chennai. It also intends to infuse around Rs 1,400 crore to set up logistics parks at 14 locations across the country. The company has planned a mid-market Chennai residential project, which will occupy an area of about
10 lakh sq ft and entail an outlay of about Rs 600 crore. TRIL is also considering a logistics park worth Rs 200 crore at the same location. The company intends to execute projects worth Rs 30,000 crore over the next five years and will require Rs 8,000 crore of equity for these.
Contact: Tata Realty and Infrastructure. Tel: 022-6629 4000. Fax: 022-6610 0520. E-mail: contacttril@tata.com Website: www.tata-realty.com
Tata Sons subsidiary Tata Realty and Infrastructure (TRIL) will invest nearly Rs 800 crore in residential and infrastructure projects in Chennai. It also intends to infuse around Rs 1,400 crore to set up logistics parks at 14 locations across the country. The company has planned a mid-market Chennai residential project, which will occupy an area of about 10 lakh sq ft and entail an outlay of about Rs 600 crore. TRIL is also considering a logistics park worth Rs 200 crore at the same location. The company intends to execute projects worth Rs 30,000 crore over the next five years and will require Rs 8,000 crore of equity for these. Contact: Tata Realty and Infrastructure. Tel: 022-6629 4000. Fax: 022-6610 0520. E-mail: contacttril@tata.com Website: www.tata-realty.com