Wednesday, March 3, 2010

3 New Approved Projects (Mumbai)

MHFC has just approved 3 new projects in and around Mumbai:

1. Samruddhi Complex - by Poddar Housing - this is opp Bhivpuri railway station (one stop before Karjat on the Central line) - will be a township of about 1300 flats - launch price for the 1st phase is 3.5 lakhs for 1 RK and 4.5 lakhs for 1 BHK. Bookings have not yet opened - will open on Gudi Padva (March 16) but given the price and the several features on offer, we expect this to be sold out quite fast.

2. Star City - by Rashmi Housing - at Naigaon - which is 1 stop after Bhayandar on the Western line (3 stops befor Virar). This is also a is a fairly large project - over 1000 flats - more expensive given the attraction of this side - about Rs 2000 per sq ft - which means flats are between 5.7 and 11 lakhs - booking is already open - about 200 flats left for sale - rest all sold.

3. Sathyanagar - by Shriram Housing - at Boisar - which is frankly not practical for those working in Mumbai as it is about 3 hours by train from VT - but just for information, this is a township of about 2800 flats - 1 BHK and 2 BHK flats being priced at between 5.1 and 5.9 lakhs.

For more information, please email on and for builder brochures / websites, please see