Tata Housing to invest $36 million to develop two residential projects in Maldives
Tata group’s realty firm Tata Housing on Wednesday announced an investment of $36 million (around Rs 270 crore) to develop two luxury residential projects in Maldives. The company will construct around 117 housing units in these two projects.
In a statement, Tata Housing said it has launched another international project in Maldives.
Tata Housing, which entered the Maldives market around a decade ago, has already completed a social housing project in the island country in partnership with the Maldives government. “With an investment of approximately $36 million, Tata Housing will develop 2 residential projects at Nadhee and Odean in the city of Male, which will offer approximately 117 units of luxurious 3 bedroom apartments in the region,” it said.