Tata Gateway Towers - Luxury residential project in Mulund, Mumbai by Tata Housing Development.

Tata Gateway Towers - Luxury residential project in Mulund, Mumbai by Tata Housing Development.

Tata Group real estate arm Tata Housing Development today launched a luxury residential project in the northeastern suburb of Mulund.

The project, named Gateway Towers, is spread across 8.5 acres and is a part of the 19-acre redevelopment project.

Company has invested around Rs 2,000 crore for the entire redevelopment project across 19 acres, out of which the saleable component would be around 8.5 acres, where it will be developing six luxury residential towers. The towers are designed by Callison. The construction is expected to be completed in four years.

The company, which has not revealed the number of units as well as the per-unit cost, will develop six residential towers, ranging from 31 stories to 41 stories.

This project is in line with company's strategy of creating marquee projects in major metros.


Mulund has witnessed an increasing demand for luxury housing from consumers and investors because of proximity to south Mumbai and fast growing Thane areas.

www.tatahousing.com

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Tata Housing to launch premium project along the Eastern Express highway in Mulund, Mumbai

Tata Housing to launch premium project along the Eastern Express highway in Mulund, Mumbai


Tata Housing is all set to launch a premium residential project along the Eastern Express highway in Mulund. The project will be spread over 8 acres of land parcel and will have six high rise residential towers. It will have spacious 3 and 4 BHK apartments with lifestyle and recreation amenities which include a large club house spread over 60,000 sq. ft., swimming pools, landscaped gardens, children’s play area, indoor and outdoor games etc.

The project is likely to receive good response as we have seen in the recent past that there is good apetite for projects from reputed developers, at right price. Earlier during the month, L&T’s project at Powai received an overwhelming response when the 4 towers for which bookings had opened got sold out in just 2 days. A few days back, Lodha created history when it received 1000 applications aggregating to Rs. 4,000 crs for its Worli Project – Bluemoon, within 3 hours of opening.