BOISAR, INDIA
Satellite image of TATA Value Homes
Conceptual rendering
Conceptual rendering
Conceptual rendering
Newly built yet vacant apartments
Newly built yet vacant apartments
Newly built yet vacant apartments
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PROJECT NAME
LOCATION
STATUS
HALTED YEAR
LAND SIZE
MAIN PROGRAM
DEVELOPER
PROJECTED DEVELOPMENT
ACTUAL OCCUPANCY
OCCUPANCY RATE
TATA Value Homes
Boisar, India
Halted
2012
0.26 sqkm
Residential
TATA Value Homes
3000 units
190 units
9%
The TATA Value Homes are affordable housing project in the suburbs of Mumbai. The quality of this affordable housing project seems to be above average compared to the other similar scaled projects in the area. However, due to the lack of, and then later the delay on the implementation of infrastructure, most of the units in the apartments are unlivable. Basic amenities such as water, gas, and electricity are not provided in many of these apartments, rendering these properties highly undesirable, and nobody wanted to move in after purchase.
As one walks into the affordable housing project of Tata Housing at Boisar near Mumbai, one can see rows and rows of 3,000-plus apartments spread across 64 acres. But barring an occasional car or two-wheeler making its way to the estate department of the developer, one doesn’t see too many people as not many have moved into the houses. The apartments vary in many sizes, from 360 sq ft to 465 sq ft low cost units, to two and three BHKs of up to 1,360 sq ft ; these apartments are all sold out and ready for occupation, and the project is not being actively developed upon despite its infrastructure shortcomings.
The developer, Tata Housing, had many problems constructing this project. Due to the underdeveloped site, the company had to spend close to a million dollars to lay a pipeline to bring water from the Surya Dam. Power supply too is an issue and work is on to link up to a Tata Power substation. In the interim, a temporary connection is in place. Currently, there does not seem to be major improvements to the residents in the area.
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BUSINESS LINE: Boisar: where apartments are lying vacant