Tata Housing Announces Launch of Luxury Residential Project in Mumbai

Tata Housing Development Company has recently annou¬nced the launch of Amantra, a luxury residential township with 14, 24, 29 and 34-storey towers with a total project cost of Rs 1,000 crore on the Thane-Kalyan Road, a Mumbai suburb. Amantra has approximately 2,500 apartments including 2 BHK and 3 BHK houses, and the prices range from Rs 40 lakh (for a minimum size of 927square feet) to Rs 65 lakh.

Strategically located on the Thane-Kalyan Road, on the NH3 highway, this residential property provides high-speed access to airports, business centres, shopping malls, schools, healthcare facilities, entertainment areas and many other important destinations. The company claimed that Am¬antra will be designed by world-renowned architectural firm HOK of USA.

Additionally, Tata Housing Development Company has signed an agreement with the Mumbai Met¬ropolitan Region Development Authority (MMRDA) to launch a rental housing project on the same 22-acre land at Thane-Kalyan road. Tata Housing will develop the rental housing part and deliver it to MMRDA. Tata housing is utilising 2.5 FSI and another 1 FSI is for MMRDA so in total it will be 3.5 FSI. Land is acquired through a joint development agreement. Tata Housing is the developer of the project and Eco Homes is the owner of the land.

Tata Housing further claimed the project is spread over 22 acres and the master plan is envisioned in such a way where nature’s boundless beauty meets every luxury one can imagine. Amantra will be the tallest residential structure in Kalyan and is also a green haven with 80 per cent open area. It offers an elevated jogging track on the 14th floor. The lush green landscaped gardens ensure design excellence in their functionality and aesthetics, making it the best in class.

Announcing the launch of Amantra, Brotin Banerjee, managing director and chief executive officer of Tata Housing Development Company said, “Over the past few years, this location has been witnessing unprecedented growth due to its proximity to important business hubs, swiftly emerging as one of the most coveted locations near Mumbai. However, it was missing a world class premium lifestyle address, which is now fulfilled with Amantra.”

Amantra’s master plan incorporates an interesting interplay of high and mid-rise towers that weave in the elements of nature. The pre-certified green buildings will have cool air funnelled to homes, east – west orientation to maximise light and energy, a majestic 14 floor elevated jogging track, verdant landscaped gardens, south facing sun shading fins to keep the heat out and an azure blue infinity pool.

Tata Housing is the developer of the project and Eco Homes is the owner of the land. “MMRDA has issued the location clearance for this project and we await the commencement certificate for the same, which is in process and expected shortly,” said Banerjee.


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