Tata Housing to develop two luxury residential projects in Maldives
Real Estate

Tata Housing to develop two luxury residential projects in Maldives

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

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

Next Story
Real Estate

Mahindra Lifespaces Bags Rs 12.5 billion Redevelopment in Mulund

Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, has been appointed as the preferred developer for the redevelopment of a premium housing society in Mulund (West), Mumbai. The project will be developed across a 3.08-acre land parcel, with an estimated development value of approximately Rs 12.5 billion. Strategically located, the site enjoys proximity to major connectivity points—just 1.4 km from the upcoming Mumbai Metro Line 5 and 0.8 km from the Goregaon-Mulund Link Road. It also offers seamless access to the Eastern Expre..

Next Story
Infrastructure Urban

Snowman Adds Warehouses in Kolkata and Krishnapatnam

Snowman Logistics, India’s leading integrated temperature-controlled logistics company, has announced the commencement of operations at its two new state-of-the-art, owned cold storage facilities in Kolkata and Krishnapatnam. With these additions, the company’s total pallet capacity has reached 1,50,754, spanning 43 warehouses in 20 cities across the country. The newly operational Kolkata facility offers a storage capacity of 5,630 pallets, while the Krishnapatnam facility holds 3,927 pallets. These warehouses are equipped with advanced automation and infrastructure designed to enhanc..

Next Story
Resources

Noesis Enables IHCL Hotel Deal in Udupi–Manipal Corridor

NOESIS Capital Advisors, India’s leading hotel investment advisory firm, has successfully facilitated a landmark hospitality transaction in the Udupi–Manipal region of Karnataka. The deal involves the acquisition of a nearly completed, 130-key upscale hotel that will operate under one of the premium brands of IHCL, reinforcing NOESIS’ position as a preferred partner for strategic hospitality transactions across India. Strategically located on the Udupi–Manipal Highway, the 1.03-acre property will cater to business travellers, pilgrims and families visiting Manipal University. With..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?