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Tata Value Homes Ltd, a 100 per cent subsidiary of Tata Housing Development Company, has launched a Spanish-themed residential township at Sriperumbudur to the west of Chennai.
The 18-acre project, named Santorini, on the Chennai-Bangalore Highway about 40 km from Chennai offers over 1,000 houses of one to three bedrooms ranging from 576 sq ft to over 1,500 sq ft, according to a press release from Tata Value Homes.
Prices range from Rs 24 lakh to over Rs 52 lakh. Work on the project is set to start soon with the delivery planned for 2016, company officials said.
Sriperumbudur is an industrial suburb of Chennai that has seen investments by multinational automobile and components manufacturers, IT and telecom hardware making units and a wide range of manufacturing companies.
Santorini is designed by international architects F+A to offer a distinct design of low-rise architecture, podium gardens and a lavish clubhouse. The project is IGBC pre-certified Green building offering green landscapes and abundant open spaces.
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