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June 30, 2015 1:35 PM ET

Real Estate Management and Development

Company Overview of TATA Housing Development Company Limited

Company Overview

TATA Housing Development Company Limited operates as a real estate development company in India. The company’s operations include various aspects of real estate development, such as land identification and acquisition, project planning, designing, marketing and execution, property services, and estate management. It also provides transaction services, including site selection, sourcing of property, sourcing of tenants, property marketing, structuring of transactions, negotiations, and documentation; and valuation and appraisal, market research and feasibility studies, and development consultancy services. In addition, the company provides project sales and marketing services that include ide...

12th Floor, Times Tower

Kamala Mills Compound

Senapati Bapat Marg

Lower Parel

Mumbai,  400013

India

Founded in 1942

Phone:

91 22 6661 4444

Fax:

91 22 6661 4452

Key Executives for TATA Housing Development Company Limited

Chief Executive Officer, Managing Director and Director
Head of Marketing
Compensation as of Fiscal Year 2014.

TATA Housing Development Company Limited Key Developments

Tata Housing Development Mulls Acquisition

TATA Housing Development Company Limited is seeking acquisitions. A top company executive said, “Tata Housing Development Co. Ltd, which sells homes both in affordable and high-end price segments, is planning to acquire around 15 million sq. ft for new projects this year across cities and also aggressively market and sell homes online.” Some of the land will be acquired through outright purchases while joint development and joint ventures will be explored in the rest.

Unity Infraprojects Reportedly In Talks To Sell Land

Unity Infraprojects Limited (BSE:532746) is reportedly in talks to sell 0.5 million sq ft plot in Parel area of Mumbai. Unity Infraprojects is in talks with TATA Housing Development Company Limited, Peninsula Land Limited (BSE:503031), Godrej Properties Limited (BSE:533150) and others.

TATA Housing Mulls Acquisitions

TATA Housing Development Company Limited is looking for acquisitions. TATA Housing Development Company Limited plans to invest INR 30 billion to acquire more land, including joint development agreements with focus on four metros- Bangalore, Kolkata, Delhi NCR, and Mumbai in the current financial year 2014. Brotin Banerjee, Chief Executive Officer of TATA Housing Development Company Limited said, "This year will be crucial for us. We will be spending at least 50-60 % more on land acquisition and joint development agreements during the year as against FY14. Most of it will be financed through internal accruals."

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