Tata Housing Development Company (THDC) is a fully owned subsidiary of Tata Sons, a holding company of the Tata Group. Established in the year 1984 by the late JRD Tata. The company was revived in 2006 under the leadership of Brotin Banerjee, MD & CEO of Tata Housing Development Company Limited. Since 2006 the company is developed into one of leading holistic real estate development company and has built many landmark projects across India. Tata Housing pioneered the concept of low-cost housing aimed at economically weaker section of the society. It has also pioneered the concept of sustainable green development with its first commercial project – Xylem in Bengaluru (Bengaluru’s first sustainable IT park), the project was awarded Gold certification by LEED and since then each and every project of Tata Housing, from low-cost housing and affordable housing to ultra premium luxury projects, all are sustainable green developments duly certified by Indian Green Building Council. The company currently has 45 million sq.ft under various stages of development. In 2010, Tata Housing launched – Tata Value Homes, its 100% subsidiary to cater to low-cost and affordable housing in India in the price range of Rs. 4–10 Lacs, with the vision of bridging the huge shortfall of over 26 million households in India.