TMC Update 22.10.2011 – Video

Video Link: https://www.youtube.com/watch?v=90cfrmbGb6U

23-10-2011 11:42 TANAJI MALUSARE CITY (TMC) KARJAT: Housing is every individual's fundamental need. Nothing provides the sense of security that an owned house does. Although India made significant progress on multiple fronts over the last 60 years, owning a house still remains a distant, far-fetched dream for many. In 2008, TMC pioneered the art of constructing affordable houses in India with its first project, Tanaji Malusare City. Spread over 100 acres on the banks of the river Ulhas in Karjat, the project will have 24000 modern homes and will accommodate over 70000 people when completed. Based on a zero-subsidy model, TMC exemplifies a sustainable solution to the massive housing shortage problem that Mumbai face today. The township is well connected by road and rail to the key commercial centres of Mumbai. TMC homes will have 24-hour water supply, electricity, piped gas and cable TV connections. The township will be equipped with all modern facilities including parks, playgrounds, hospitals, shopping centres, schools and colleges. In order to make the project financially viable while keeping the price of the residential units affordable, the project sells commercial space at a significant premium when compared with the residential space. Selling commercial space at higher prices is possible based on the premise that the purchasing power of a large gated community leads to high retail uplift. To keep prices affordable, the area of the housing units within the project is kept small ...

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TMC Update 22.10.2011 - Video