Friday, March 8, 2013

MHADA sanctions 2736 affordable homes for Mumbai

MHADA budget announced today - to build 2736 low cost homes in Mumbai - and also has received sanction to buy land in Pune, Nagpur, Aurangabad and Amravati - see below link to 2 articles for more details.

HT article - March 8, 2013 - MHADA 2736 low cost homes
HT article - March 8, 2013 - MHADA could build 40,000 houses

As already discussed in earlier posts, MHADA is an automatically approved developer for MHFC. Hence, for housing loans (of max 10 lakhs) 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