Tata Housing a reputed real estate developer, having their presence in almost every big city of India. Now this builder is planning to enter Noida real estate market in collaboration with four other locally reputed builders like Logix Group and Lotus, Greens.
Few days back, Godrej Properties Limited already announced about its future planning of launching a gated community of residential apartments as a part of "Lotus Green Sports City" by joint venture with Lotus Green Developers.
As stated by a spokesperson of Tata Housing "It is part of our strategy to expand our arm in the real estate of Delhi NCR Market. We are already successfully launched our 4 residential developments in Gurgaon."
To make this strategy more successful, Tata housing is in link with other real estate developers for possible tie-up.
Actually value of the land in all over the country is skyrocketing. So, every big or small real estate developers are coming with joint venture with other builders or owners of the land. Lotus Greens and Logix Group are very reputed real estate developers in Noida with huge land bank, their tie ups with globally reputed builder (Tata Housing) will enhance the reputation; on the other hand will give a solid platform for Tata Housing in Noida. If we look the portfolio of Tata Housing Residential projects, then we find that more than 70 percent developments are in joint venture with builders and local landowners.