Monday, February 21, 2011

New Projects in Virar

Western line stations like Virar / Naigaon / Nalasopara continue to be the most popular choice of residence for most of MHFC's customers (looking to buy flats less than Rs 10 lakhs).

Thus, this is to inform of 2 projects recently approved by MHFC:

1. Shree Sai Apartments (Mangal Murti Developers) - Virar (East)
for more info, see link Shree Sai 1 page info sheet

2. Sai Heights (Sai Plaza Developers) - Virar (East)
for more info, see link Sai Heights 1 page info sheet

or call our Loan Officer Gulab Patil 9167220732 for assistance (info on status of the projects and flats availability and also terms and conditions of MHFC financing).

Friday, February 18, 2011

MHADA flats - 2011

Some announcements regarding new MHADA flats that will be available in 2011 - about 4500 flats of which 3700 under EWS / LIG categories - to be announced shortly.

HT article on 4500 MHADA homes coming up in 2011

HT article on HIG quota being limited to incomes not more than Rs 40,000 per month

MHADA is an automatically approved developer for MHFC. Hence, for housing loans on MHADA flats, but only to buyers who are from the informal sector (those lacking salary slips or income tax returns to prove incomes) or financially excluded (who cannot get loans from other housing finance companies easily) - please contact us on 22660427 / 0069 or email us on (website

Saturday, February 12, 2011

500 loans / 20 cr sanctions Press Release

MHFC recently touched a mini milestone - 500 loans - and Rs 20 cr in loan sanctions - link to press release below:
Press Release