Tata Housing Development Company (THDCL), signed dual MoUs with the Assam government to create commercial developments

 
Kolkatta:March 15,2010

Leading real estate company, Tata Housing Development 

Company (THDCL), signed dual MoUs with the 

Assam government to create commercial developments

in the state, according to a company press release.

The first MoU was signed between THDCL and The
Department of Industries and Commerce of Assam for
creation of commercial space, including business parks
and IT buildings in the state.

The second MoU was signed with the Guwahati
Metropolitan Development Authority (GMDA)
for developing a township and other infrastructure
projects under the Public Private Partnership (PPP)
model within the state, the release said.

“Assam has witnessed various positive developments in
the past and presents vast opportunities–it is poised for
an economic development,” THDCL’s chief executive
officer and managing director, Brotin Banerjee, said.
Tata Housing Development Company is a fully-owned
subsidiary of Tata Sons.

Currently, Tata Sons holds 97.5 per cent of equity share
capital of the company while the balance is held by other group entities.