New Delhi: Realty firm Tata Housing has sold more than 200 flats for about Rs 300 crore in a residential project in Gurgaon.
Tata Housing, the real estate arm of the Tata group, said in a statement that it has sold over 200 units at its La Vida project on Dwarka Expressway in ten days. The starting price of these units is Rs 1.08 crore.
Tata Housing MD and CEO Brotin Banerjee said, “We believe that the overwhelming response to the project since its launch is an indication of its success.”
The total sales value of these 200 units would be about Rs 300 crore.
The company is developing about 600 flats in this project, which is its fifth one in Gurgaon.
Established in 1984, Tata Housing is a closely held public limited company and a subsidiary of TATA Sons Ltd.
The company has 70 million square feet under various stages of planning and execution and an additional 19 million square feet in the pipeline.