Tata Housing to invest 400 crore to develop new project in Goa

Real estate firm, Tata Housing said that it will invest about Rs 400 crore over the next three years to develop a mid-income housing project in Goa as part of its strategy to tap the rising demand for second homes. Interestingly, this is the second project that the Tata group firm will be developing in that city. About 7-8 years ago, it had developed a luxury project comprising 65 villas. Going ahead, the company will develop about 650 housing units on a 7-acre land parcel in Goa.