Tata Housing - the property development arm of the Tata Group of companies, is mulling setting up a township of luxurious residential and commercial space in Ahmedabad.

The company is in talks with the city-based Venus Group of companies for multiple premium housing projects. It is interested in investing in a three million sq ft property located near Nehrunagar, owned by Venus.

Tata Housing is keen to utilise the opportunities in top metros and Tier-I cities across India. Once the deal is finalised, it will be Tata’s second project in Ahmedabad and the companies will develop a Rs 1,600 crore integrated township at Vadsar-Kalol road, near Ahmedabad. In 2012, the company had announced an affordable housing project in partnership with Arvind.

There are various announcements of township projects by developers such as Godrej, Savvy Group, Adani and Hiranandani Group, of which some are in various stages of development.

More Project Info:
Integrated Township [Venus Metropolis]