February 21 - National Home Buying Day
Tata
Value Homes Limited, a 100% subsidiary of real estate firm Tata Housing
Development Company’s maiden National Home Buying Day was reportedly
oversubscribed four times.
According
to the company, it received over 800 applications for the allocated 200 units
across five projects.
Moreover,
Tata Value homes received more than 200 applications on the first day of
National Home Buying Day with 3, 00,000 hits on the website during the 4 days.
“This
well-priced offer attracted buyers from across the country along with NRIs.
With this offer, Tata Value Homes Limited gave buyers an opportunity to gain
appreciation of up to 33 % across Tata Value Homes Limited projects like La Montana
(Pune), Inora Park (Pune), New Haven (Bengaluru), New Haven Compact (Ahmedabad)
and Santorini (Chennai),” as claimed by the company.
Mr.
Pawan Sarda, Head - Marketing at Tata Value Homes said, “We are extremely happy
with response from our consumers during the national home buying day. Out of
the over 250 flats that were sold, about 20% were bought by NRI’s and rest from
the individuals across various parts of the country.”
“
This success has strengthened our belief that the accessibility, convenience
and reach of the internet makes it an ideal medium for us to accomplish of our
vision of being the largest home provider of quality homes to our consumers
across the country,” Mr. Pawan Sarda added.
Tata
Value Homes has received most number of applications for New Haven (Bangalore)
& New Haven Compact (Ahmedabad)
respectively followed by La Montana (Pune).
Review
of the controls over the process for selection of applicants to whom flats were
allotted was carried out by KPMG based on the agreed scope of work on 5th March
2014.
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