Tata Housing to develop two luxury residential projects in Maldives

24 Feb 2022 CW Team

Tata Housing announced an investment of around Rs 270 crore to develop two luxury residential projects in the Maldives, including 117 housing units in these projects.

According to a statement, Tata Housing had launched another international project in the Maldives.

Tata Housing entered the Maldives market around a decade ago and has already completed a social housing project in partnership with the Maldives government.

With an investment of around $36 million, Tata Housing will develop two residential projects at Nadhee and Odean in the island country, which will offer 117 units of luxurious three-bedroom apartments in the region.

The residential project is located in Majeedhee Magu City Centre Road, the retail and residential luxury hub of the island country. This project is a public-private partnership (PPP) with the Maldives government.

The company plans to develop these two residential plots of 2.52 lakhs sq ft area and focuses on redefining the quality residences in the region. Both these projects are close to the airport.

CEO and Managing Director of Tata Housing and Tata Realty and Infrastructure Limited, Sanjay Dutt, said that the company would launch the second phase of our projects in the Maldives. Nadhee and Odean will be the pride of Male City and Maldives Citizens. It is a premier residential development project.

The Maldives is a fast-growing island country. However, Male City needs more to meet the needs of Maldives as an economy and the rising standards of its citizens.

Tata Realty and Infrastructure Limited is a subsidiary of Tata Sons, one of the leading real estate developers across India. It has a portfolio of more than 50 projects across 15 cities spanning commercial and residential projects.

Image Source

Also read: Tata Value Homes to pump Rs 600 cr in Eureka Park project in Noida

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..