Friday, April 1, 2011

Badlapur Project - MHFC tie up with Poddar Housing

After our tie up with Tata Housing at Vashind, under which flats were reserved for MHFC customers (who thus did not have to go through the public lottery), we are now partnering with Poddar Housing for its next project in Badlapur which is opening on Gudi Padwa. The township project (spread over 70 acres) is close to the railway station (about 5 mins by auto) and will have several amenities like a school, shops, sports facilities (incl a cricket pitch).

The tie up is that in its first phase of about 200 flats on offer, Poddar Housing has reserved 64 flats - 48 1 RK (starting from 297 sq t) / 16 1 BHK (starting from 500 sq ft) flats - for MHFC cutomers - all at the opening price of 1899/ sq ft. Pricing in total (incl stamp duty / regn) will start from approx Rs 6.5 lakhs (1 RK). We will have more details shortly on the sizes of the flats, the other charges, final pricing.

Please note however that MHFC will take applications ONLY from actual end user customers (those who need a primary residence) and who cannot get loans from other banks. For those interested in Badlapur as a home and who wish to be contacted by MHFC under this special quota, please email us on OR call our Loan Officer for the project - Gulab Patil on 9167220732.

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