TATA Housing Development Company Limited (CIN: U45300MH1942PLC003573)
Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust'.
One of the companies that treads on the values of the Tata Group is Tata Housing.
Established in 1984, TATA Housing is a closely held public limited company and a subsidiary of TATA Sons Private Limited. TATA Sons Private Limited holds 99.96% of equity share capital of the company. Tata Value Homes Limited (CIN: U45400MH2009PLC195605), incorporated on September 8, 2009 is a wholly owned subsidiary of TATA Housing Development Company Limited.
Since 2006, TATA Housing has evolved into one of the fastest growing real estate development companies in India. With the primary business being development of properties in residential, commercial and retail sectors, the company's operations span across various aspects of real estate development, such as land identification and acquisition, project planning, designing, marketing & sales, project execution, property services and estate management.
The company's mission as a real estate development company is "to delight customers by providing quality life spaces through continuous innovations". The core objective of TATA Housing is to create a real estate development business that offers world-class property development skills while maximizing financial returns. The company is recognized for its quality construction, ethical and transparent business practices, and high standards of maintenance of properties. It has partnered with internationally acclaimed architects and design consultants. TATA Housing has pioneered the concept of property development by corporates in India.
TATA Housing's projects are built to high-quality specifications, instantly making them landmarks. Quality has become synonymous with TATA Housing.
As a comprehensive real estate developer of choice, TATA Housing straddles across all consumer segments from affordable aspirational housing to luxury housing. By offering products ranging from Rs. 34 lakhs to Rs. 8.5 crores, the company has a diversified portfolio of more than 3.34 million sq. m. under various stages of development. Besides projects under execution, there is a steady pipeline of projects of over 17.65 lakh sq. m.
Going with the TATA ethos and with a vision of catering to low and medium-income segments, TATA Housing pioneered the concept of low-cost housing under the banner of TATA Value Homes Private Limited, a 100% subsidiary launched in 2010, to exclusively cater to the affordable aspirational housing market. Since then TATA Value Homes is developing landmark integrated and sustainable township projects in various parts of the country.
TATA Housing has taken up the cause of environment by committing to develop certified green buildings, thus, saving energy for the country. The first green development to be executed under this norm was Xylem - Bangalore's first LEED gold rated green building. Prive in Lonavala is pre-certified platinum rated, while Aquila Heights and Raisina Residency are gold certified green developments by the Indian Green Building Council (IGBC).
Today, with over 600 employees and presence in Mumbai, Lonavala, Vadgaon (near Talegaon), Pune, Ahmedabad, Goa, Gurgaon, Chandigarh, Bengaluru, Chennai, Kolkata, Bhubaneswar, Kochi, Noida, Gurugram and Kasauli. The company is now in the process of expanding its footprint to other parts of India across tier I and tier II cities. The company has also ventured into foreign markets such as Maldives and is actively considering markets such as Sri Lanka and other south Asian countries.
The company has received various industry recognitions both in India and internationally for its landmark projects and contribution to the real estate sector.
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