Tata Housing Launches Low-Cost Township in Ahmedabad

Tata Housing in collaboration with Ahmedabad -based Arvind Real Estate announced the launch of first phase of the low-cost integrated township scheme under 'Shub Griha' near Ahmedabad, Gujarat on March 1, 2012.

For the project which is aimed at providing budget houses to low and middle-income groups, a special purpose vehicle (SPV), Arvind and Smart Value Homes LLP, has been created to develop the township which will be spread across 135 acres at Vadsar-Kalol Road, about 20 kms from Ahmedabad.

Under the 'Shub Griha' scheme, 1091 low-rise apartments having carpet area from 293 sq ft to 457 sq ft will be built with a price tag between Rs 7.92 lakh and Rs 12.33 lakh. The project will cover 18 acres of the township land.