Tata Housing expands its presence in the Republic of Maldives

~Starts construction of 2 Luxury projects at Odeon and Nadhee~

~Luxa One at Odeon- first luxury project in Male with rooftop amenities~

Tata Housing expands its presence in the Republic of Maldives

February 28 2017: Tata Housing – one of the leading real estate developers in India, today announced the launch of two high-end property developments at Odeon and Nadhee.  Luxa One at Odeon will be the first project in Male furnished with rooftop amenities such as swimming pool, kids play area, gym with health bar, spa, barbecue area and open terrace deck.

Located at the retail and residential luxury hub of the island, Majeedhee Magu, Luxaone is spread across 10000 sq. ft. comprising of 54 luxury, 3 Bed apartments.  Luxaone will consist of sprawling balconies that afford an unparalleled view of the island and contemporary glass design with natural lighting and fresh cross ventilation feature. Nadhee is built across 21000 sq. ft., located in the exclusive residential area of Sosun Magu will comprise 72 luxury, 3 Bed apartments also with related retail areas and dedicated four wheeler car parking for each unit.

Commenting on this development, Tata Housing Spokesperson said, “We are pleased to announce the launch our luxury projects at Odeon and Nadhee. These project are designed to endorse the beauty of its island capital, Male and we believe these would emerge to be the new landmark for Male.”

Speaking on the Occasion, His Excellency Shri Akhilesh Mishra, Ambassador of India said “I am happy that Tata Housing, one of the strongest brands in the Indian Real Estate sector with offerings across various segments is coming to Male. The company is currently developing over 70 million square feet of real estate and has a pipeline of 19 million square feet. Am sure this association between the two countries will go a long way and strengthen the bonds between people of both the countries”

The luxury homes have been designed by reputed US-based architects F+A, where each residential unit is carefully planned to maximize living space and allow the flow of natural light and air. The projects will be developed by Apex Realty Private Limited, a joint venture between Tata Housing Development Company Limited and SG 18 Realty Private Limited.

About Tata Housing:

Tata Housing is a closely held public limited company and a subsidiary of Tata Sons. It is the first corporate to pioneer the concept of real estate development in India. It is widely recognized for quality construction, ethical and transparent business practices and timely delivery of properties. It has a pan-India and international presence with demonstrated capabilities in Construction, Engineering, Commercial / IT parks, Housing and Township development. It is known for international standards of design and green sustainable developments.

About SG 18 Realty Private Limited:

SG 18 was established with the main objective of joining hands with government and local partners in SAARC countries to explore development opportunities.