According to the Real Estate information passed on to the NBTV, it is learnt that the prestigious TATA HOUSING Company made a public announcement on the opening of a housing venture – THE PROMONT – which is the second such construction in Bangalore. As told by the Company sources to NBTV, the entire project area encompasses of 14 acres on a small hill and is expected to have 320 quarters as an ingredient of the first segment. The Marketing Chief – Rajeeb Dash, of the Company told the NBTV the total outlay of the venture is expected to be Rs.600 Core approximately which includes the cost of the terra firma and the location is at Banashankari, in Bangalore South.
. The company hopes to rake in revenues to the tune of over Rs.1, 000 Crore from this venture and the work has already commenced. The Marketing Chief of the Project also told the NBTV sources that
approximately 65% of the project is covered by open landscaping vicinity and the blueprint for the same is done of Moshe Safidie, an Architect, who did designing for the Marina Bay Sands Resort in Singapore.
Source: NIMMA BENGALURU
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