Encouraged by the surging fortunes in the country's real estate sector, Tata Housing Development Company has decided to complete its Rs. 700-cr project at Bhubaneswar in Odisha by 2020. From the targeted projects under which it aims to start construction for third and final phase by March 2017, it has targeted whopping revenue of Rs. 1,000cr. The Phase III of the project named as Ariana, will be a premium and exclusive development as it is better located within the master plan and offers 2BHK, 3BHK, and Jodi apartments, a combination of two units for a bigger apartment, Assistant Vice President (sales and marketing), Rajeeb Dash said. He further added that, the investment will be slightly more than Rs. 200-cr in the third phase. It will have 350 units in four towers. Whereas, in Phase- I and Phase –II, 550 units out of 650 units have been sold, which has seen an investment of Rs. 500cr. Designed by international architects, Woods Bagot, the master plan of the project has been designed as a horizontal leaf expression and is located 10 km from the Biju Patnaik International Airport. The project will have 12 towers, ranging from 14-19 storeys and are pre-certified by Indian Green Building Council.
📅Published on:
14 August 2016
🔗Share:
We Value Your Comment
⭐How useful is this information?
Submitting...
03
Thanks for your rating! ✌️ We’d love to hear more - share your thoughts by leaving a comment
Allcargo Logistics Limited has announced its initiative to enable FMCG companies to navigate increasingly fragmented inventory flows through integrated,
GHV Infra Projects Limited has secured a road construction and civil works contract worth Rs 815 crore from APCO Infratech Private Limited in Maharashtra.
JCB India announced the inauguration of a new facility of its dealer, Caculo Earthmovers in Karaswada, North Goa, further strengthening its presence in the
The Godhra–Vadodara section of the Delhi–Mumbai Expressway has been completed and opened for traffic on a trial basis from April 13, 2026, according to the
The Rajasthan State Industrial Development and Investment Corporation will invest Rs 1,200 crore to upgrade infrastructure across more than 450 industrial
Dubai has completed its first air taxi station near Dubai International Airport, marking a major step toward launching electric air mobility services later
Informa Markets in India is gearing up to host the 23rd edition of Roof India, Asia’s premier exhibition for roofing and allied products, from 23–25 April 2026
NBM Media
30+ years of reporting on infrastructure, construction, architecture, & real estate across print, digital, and social media.
