Tata Sons holds 99.86 percent equity shares in the company and is eyeing to sell one-third of its properties through online mode by 2020.
    
"We have got an additional 20 million square feet land for development in the pipeline and we will be developing the same during the next few years. We are in talks with the land owners in this connection, currently," Tata Housing Managing Director and Chief Executive Brotin Banerjee said.
    
He was speaking on the sidelines of launch of social sell initiative by Tata Housing, as per which the company will be selling homes through Facebook in Goa.
    
A total of 250 units will be made available for sale through Facebook by the company from October 26-28, and will be priced between Rs 29 lakh and Rs 50 lakh.
    
"The additional land measuring 20 million square feet will be developed by the company in eight cities including Bangalore, New Delhi, NCR and Mumbai over next few years," he added.
    
The company has already delivered 5,000 homes during the last 3-4 years and it plans to deliver another 4,000 homes in the remaining part of the current fiscal, he said.
    
"We will be launching four residential projects during October-December," he added.
    
However, Banerjee rued over the fact that the online sales of property has not picked up as of now.
    
Recently, the company has reached an agreement with the Rajasthan Government for development of affordable homes in the state under PPP model, he added.

 

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