Tata Housing announced the project Serein, which will be spread across 7.3 acres and have four, 33-storey towers and a total of 740 flats. Mumbai: Hines, a global real estate investment and management firm with $100 billion in assets under management, will invest $23 million in Tata Housing Development Co. Ltd’s premium wellness-themed project Serein at Thane, Maharashtra. Last year, Tata Housing announced the project Serein, which will be spread across 7.3 acres and have four, 33-storey towers and a total of 740 flats. Yash Gupta, who was senior managing director and country head for Hines India Ltd, resigned from the firm, Mint reported on 24 October. Tata Housing sells premium and luxury homes in the Rs60 lakh to Rs14 crore range and has a number of projects.

Source: Mint December 04, 2017 18:00 UTC