Nagpur: Tata Realty and Infrastructure Ltd today
launched a mega housing project in the city.
Tata Group, who started their first venture here in 1877
in form of a textile company, Empress Mills, are coming back to the orange city
after a gap of 125 years.
The project, `Capitol Heights', will have 352 flats,
shopping mall, multiplex, besides other facilities and amenities, Tata Realty,
100 per cent subsidiary of Tata Sons, said. "There will be apartments,
ranging from 2.5 to 4.5 BHK sizes, on sprawling 9.90 acres of land in Rambagh
in southern part of city," Tata Realty Head (Sales and Marketing) Cyrus
Engineer told a press conference.
The project will be fully operational by 2014. Tata
Reality will manage the property for a period of 10 yeas after completion or
occupancy, Engineer said.