Known for the high governance, trust, transparency, and customer centricity, Tata subsidiaries have always worked towards the interest of its client organizations and the interest of the people in those organizations. This is consistent with Tata Housing & Tata Realty Infrastructures. Tata Realty & Infrastructures and Tata Housing, established in 1984, is a closely held public limited company and a subsidiary of TATA Sons Private Limited. Since 2006, TATA Housing has evolved into one of the fastest growing real estate development companies in India.
With the primary business being development of properties in residential, commercial and retail sectors, the company's operations span across various aspects of real estate development, such as land identification and acquisition, project planning, designing, marketing & sales, project execution, property services and estate management.
However, Sanjay describes Tata Housing as an organization with a purpose and not just a business. During the pandemic, when the entire world's industries were facing the brunt of unemployment, health and financial crisis, Tata Housing Developments ensured that its construction workers receive proper health insurances, education regarding the same, and timely & quicker payments. Sanjay says, "When you build a culture of an organization on these pillars, it conveys a very humane image". Tata Housing Developments is the first one to set up a company called Data Value Homes to build affordable homes for the people in India.
Tata(s) are also known for being ahead of their time. Not only did the organization bring the concept of affordable homes 15 years before it actually got government's attention, but the firm has also digitalized its processes, demonstrating its quest to be future ready always. Customer centric, as a concept is old. Tata Housing has adopted customer obsession has its goal Tata Housing & Tata Realty Infrastructures inherit their culture from the parent Tata Group and therefore is a people sensitive organization. Empowerment, high performance and collaborative are the three key elements, where in every person is fully empowered to express himself or herself and contribute to the organization.
Unlike other organizations that are promoter driven, Tata Housing is consensus driven. This implies every person in the firm has an opinion and it matters. The firm is part of various industry bodies and is actively involved in policy making & advocating the interests of the stakeholders of real estate sector.
Projects That Are Way Ahead Of Its Time
Tata Realty Infrastructures and Tata Housing has to its credit the finest example of India's best IT SEZ infrastructure- Ramanujan IT City or Tata Intellion Park. The firm has also created marvels like the third metro line in Pune, connecting Hinjawadi to Shivajinagar, and a rope way project in Dharamshala to ensure that people are able to commute safely. The real estate mogul has ensured that every project is a green project. The firm strives to adopt sustainable practices and therefore majority of its projects are IGC and LEED certified. Every large enterprise and certainly one like Tata has a corporate responsibility towards the society or the environment at large.
The firm is part of various industry bodies and is actively involved in policy making & advocating the interests of the stakeholders of real estate sector
Tata Realty Infrastructures and Tata Housing, in their efforts to significantly reduce the carbon footprint, has been innovating and bringing newer infrastructural concepts. One such concept is of district cooling that will work like a central air conditioning system for all the buildings in an entire park. This will reduce the energy consumption by 30 percent, and increase the efficiency of the cooling system. Likewise, several projects are developed to be future ready. Today with a strength of over 700 employees, and presence in Mumbai, Lonavala, Vadgaon (near Talegaon), Pune, Ahmedabad, Goa, Gurgaon, Chandigarh, Bengaluru, Chennai, Kolkata and Bhubaneswar, the company is now in the process of expanding its footprint to other parts of India across tier I and tier II cities. The company has also ventured into foreign markets such as Maldives and is actively considering markets such as Sri Lanka and other south Asian countries.
Sanjay Dutt, MD & CEO
Sanjay Dutt has over 28 years of experience in the Real Estate Development and Consulting space. In his current role, he manages over 20 ongoing projects across 13 cities in India, Sri Lanka & Maldives, which include Commercial, Retail, Hospitality, and Residential (Luxury/Premier, Affordable, Second Home; Mixed-Use Township). He is also actively involved in the management of the infrastructure projects, which include 3 ropeways, 4 roadways & a Metro project in Pune. In his previous role, he was the CEO of India Operations & Private Funds with CapitaLand, a multinational Alternative Asset Management Company focusing on real estate, infrastructure, and private equity.
Sanjay spent 23 years with globally top 3 real estate consulting companies. He was MD South Asia at Cushman & Wakefield (2001-2008 and 2012-2016), also CEO Business with JLL (2008 2012), and was one of the founder members of CBRE, India (1996-2001). Sanjay holds a Post-Graduate in Marketing & HR from the International Management Institute. He is the Chairman of South Asia - RICS, Joint Chairman of the FICCI - Real Estate Committee and Chairman APREA Asia-Advocacy Committee, Advisory Board NAREDCO, and Co-Chairman of ASSOCHAM Ease of Doing Business Council and a member of CoreNet Global.
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