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Tata continues the low cost strategy

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Tata trails on the low cost strategy to comfort the economic back drop of the company. After the low priced car Nano Tata now punches on low cost housing units across some major locations of the country. Sources reported at www.propertykhazana.com reveals that the Salt to Software Company has currently made an announcement for a series of low budget residential units at Boisar, around 100 kilometers from the economic capital Mumbai.
“There will be one room kitchen units at the rate of Rs 3.91 lakhs and the allotment will be done on the basis of lottery for this township” stated the MD of the Tata’s realty arm – Brotin Banerjee. The entire process is to get complete with in 24 months and it also includes 1BHK units for the price range of 6.7 lakhs covering a space of around 465 square feet, MD further adds on www.propertykhazana.com.
The company has also future plans for ‘Subha Griha’ for the capital city and few in Bangalore location along with Chennai and Kolkata. Apart from this, after looking at the progress the company may extend the plans to other tier I and II cities across the country. Commenting on the low budget house, MD Banerjee points that “there is lot of people travelling to bigger cities for their livelihood leaving behind their families and for that sole purpose the company has taken this budget house scheme”. For more updates on realty follow www.propertykhazana.com.
Source: NBTVLIVE

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