Tata Value Homes plans to launch three new projects

• Tata Value Homes (TVH), a fully-owned subsidiary of Tata Housing Development Company, plans to launch three new ‘Value Home’ projects in the Mumbai metropolitan area, the Delhi NCR region and Kolkata. These projects, to be launched this financial year, will develop 12,000 flats, and these will be ready in phases over a 7-8 year horizon.
• Tata Housing Development Company Managing Director and CEO Brotin Banerjee said two of these projects were under the joint venture model, while the other one would be in a development management model.
• Speaking on the sidelines of the launch of its e-commerce platform for home buying, www.tatavaluehomes.com, he said the plan was to also add some international projects on the portal in this fiscal. TVH was working on projects in Sri Lanka and the Maldives under the public-private-partnership model, and was also considering projects in Africa, he added.
• TVH sold more than 750 flats online in a year, valued at over Rs.300 crore, and has now launched the e-commerce portal, Mr. Banerjee said, adding that the new user-friendly platform would allow buyers from anywhere in the world to book their flats in three easy steps, including selection of location, reviewing the details and booking online. 
• The booking entails a non-refundable payment of Rs.30,000, and the inaugural offer is ‘one price one nation’, starting from October 15. Accordingly, buyers can buy units at a uniform price across projects in Ahmedabad, Bengaluru, Mumbai, Pune and Chennai.