Tata announces first housing project for senior citizens



Tata Housing announces first housing project for senior citizens

Tata Housing Development Company is making an entry into housing for senior citizens with the launch of a Rs 70 crore project in Bengaluru . The 4.5 acre project ‘Riva Residences’ will have 187 units where only a person with age of 55 and above can reside.
“Tata Housing’s mission is driven by the desire to delight our customers by providing quality life spaces through continuous innovation. In the same spirit, Riva is our effort to create a special offering for the seniors of our society,” said Brotin Banerjee , MD and CEO, Tata Housing.
The project has been planned with modern utility-based design facilities, services and ambiance to specially cater to the requirement of its senior residents. Asked about the selling price, the official said it would be Rs 45 lakh all inclusive for one bedroom flat with 800 sq ft area and Rs 65 lakh for two-bed room flat having 1,200 sq ft area.

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