Its seems that TATA’s like every thing related to NANO. Tata’s are now ofering flat for Rs 4 Lakhs less around areas in Mumbai.
Tata Housing, the real estate development arm of the Tatas, will build one-room-kitchen flats for just Rs 3.91 lakh in a township being developed at Boisar, 100 km from Mumbai.
The salt-to-software Tata conglomerate plans to develop the township within 24 months and allotment of flats would made through lottery, Brotin Banerjee, managing director, Tata Housing said. – Rediff
I hope this project comes true and no politician interferes in this move by TATA ! We certainly need homes in and around Mumbai. More that 70% population in Mumbai dont have their own flat.
All banks will have a good time when this project is out as they will come out with loan schemes s they did when TATA Nano came out !
PS – I would certainly Invest there.
So can we say that India is Developing ?