Tata Housing takes up 2nd project in Bangalore

Tata Housing on recently announced the launch of a luxury residential project - The Promont, its second one in Bangalore.

Mr. Rajeeb Dash, Marketing Head, Tata Housing said, ''The investment in the project would be around Rs 600 crore, including plot of land cost. The project is located at Banashankari in South Bangalore.

The company expects revenues of over Rs 1,000 crore from this project. Construction work has started. It expects to complete the project in three years.

Highlights of  The Promont..!


* It spread across 14 acres on a hillock.

* The project would have 320 flats in the range of Rs 2.1 crore to Rs 4 crore in 4 apartment towers as part of the first phase,

* The Promont would offer saleable space of 8.4 lakh sq.ft, and would offer  3 bedroom and 4 bedroom units between 2,376 sq ft and 6,410 sq ft.

* Nearly  65% of the project would be open landscaped areas.

* It has been designed by architect Moshe Safdie, who has also designed the Marina Bay Sands Resort in Singapore.

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