For Brotin Banerjee, Managing Director and Chief Executive Officer, Tata Housing Development Company, winning the Best Developer - Corporate Social Responsibility award at Cityscape Asia, 2010 awards is a natural extension of his company's vision to delight its customers by providing quality life spaces through continuous innovation.
For starters, just take a look at these facts and figures: In the past decade, Rs 99,805 crore has been invested in infrastructure in Gujarat, and the investment planned for the next decade is Rs 1,180,912.
Under the leadership of Brotin Banerjee, MD and CEO, Tata Housing recently introduced 'Shubh Griha' - a residential project that will include properties in sizes including a small one-room kitchen, large one room kitchen and 1BHK.
Jones Lang LaSalle has been named 'Best Property Consultancy' in Asia Pacific at ‘The Asia Pacific Property Awards 2011’, held in Shanghai in association with Bloomberg Television. The firm dominated the award categories across 10 countries in the region.
Tata Housing Development Company has set a target to develop about 100 million sq ft in cities by 2017. About 55-60 million sq ft, at present, are under various stages of planning and execution, said Brotin Banerjee, Managing Director and Chief Executive Officer, Tata Housing. The company has taken up housing projects in cities like Delhi NCR, Bangalore, Bhubaneswar, Chennai, Chandigarh, Kolkata, Pune, Ahmedabad.
Tata Housing expects to be among the top three real estate players in the next five years. The company has projects ranging from affordable to premium range. Tata Housing MD and CEO Brotin Banerjee said that the company is working with a few South East Asian governments to offer affordable housing in their countries. But currently, everything is in a planning or due diligence stage, he added.
Housing projects for retirement communities are just beginning to gain traction in India, where the multi-generational joint family structure endures despite rampant modernisation. The concept of housing for the elderly still carries a social stigma in the country, which accounts for less than 1 per cent of the $25 billion senior housing industry worldwide. But rising incomes, longer life expectancy and the rise of nuclear families as more people relocate for jobs are driving demand for retireme
Growing urbanisation is pushing investors towards Tier II and Tier III cities to drive their growth story in a mutually beneficial way, writes GARIMA P. For 28 year-old Gurgaon-based IT professional Aniruddha Rai, Bhopal is more than his hometown. The small and quiet lanes he grew up in have transformed themselves into a hustling city.