Pune-based Vastushodh Projects unveils 'Anandgram' project

Vastushodh Projects has recently announced the launch of India's largest affordable housing project by a private developer - AnandGram - located at Bhandgaon on the Pune - Solapur highway. The Pune-based realty company has successfully completed several affordable housing projects, and its most recent announcement should appeal to potential customers. 

The project will come up on a 22 acres picturesque plot at Bhandgaon near Yavat and will have over 2,000 affordable homes spread across 31 modern buildings. 

Some of the amenities at ‘AnandGram - Bhandgaon’ include lifts, community halls, a multipurpose playground, a school, shopping area, solar water heater, solar powered street lights, internal concrete roads and generator backup. Sizes of the homes will range from 249 square feet to 857 square feet, with multiple options that include 1 RK, 1 BHK and 2 BHK flats. More information about the project announcement can be found here. 

MHFC is one of the housing finance companies that has tied up with Vastushodh to provide home loans to customers who are planning on buying flats in this project. MHFC requires minimal documentation / income proof and will be more than willing to support informal sector customers who want to buy a house of their own. For more information regarding home loans for this project, please contact our manager in Pune - Mr. Suraj Pawar - on 8879543963. You may also email him at suraj.pawar@mhfcindia.com or email the head office at contact@mhfcindia.com. For more information about the project, you may call Vastushodh Projects on 9225192252. 

Shukhobrishti - MHFC financing of 1 BHK and 3 BHK flats

Shukhobrishti - a PPP between Shapoorji Pallonji & the state government of West Bengal - is an affordable housing project located at Rajarhat Newtown, Kolkata. 

The Shukhobrishti Phase 4 draw of lots for Spandan (1 BHK) & Spriha (3 BHK) took place on 12th May 2015 & 13th May 2015 respectively. MHFC had set up a stall during the event to provide housing finance information to customers who had been allotted a flat in the project. 

This is an approved project for MHFC - and we will finance buyers from our segment (subject to our terms and conditions). For more details, please see MHFC website or call our officer in Kolkatta - Mr. Subrata Biswas (9831433440) - or email him on subrata.biswas@mhfcindia.com.  

MP (Madhya Pradesh) Housing Board - applications open for EWS (5.45 lakhs) / LIG (12.31 lakhs) flats in Bhopal

MP Housing Board has announced / opened a lottery of 912 flats in Bhopal aimed at lower income families (432 EWS and 480 LIG) - see below link for more details.

MP Housing Board advertisement

Applications are currently open till Dec 10 (or till the MP Housing Board receives applications for all the flats) - and we believe that this represents a very good chance of getting a home in Bhopal at a price of Rs 5.45 lakhs approx (in the case of EWS) and Rs 12.31 lakhs (LIG flats). 

As already discussed in earlier posts, Housing Board schemes (including this scheme) is an automatically approved developer for MHFC. Hence, for housing loans (of max 10 lakhs) on MP Housing Board 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 our local representative - Deepak Sarathe - on 9755333018 - or email him on deepak.sarathe@mhfcindia.com. You may also contact our Head Office (Mumbai) on contact@mhfcindia.com (website www.mhfcindia.com).

Amrita Abashan / BGA Realtors - Kolkatta

Ad in today's TOI by BGA Realtors, which is an existing builder partner of MHFC in Kolkatta re flats being offered in its projects - and MHFC's offer to finance buyers from the informal sector who have income but do not have documentation to prove income - at a special rate of 9.8% (fixed for 7 years).   

This is an approved project for MHFC - and we will finance buyers from our segment (financially excluded families) subject to our terms and conditions. For more details, please call our officer in Kolkatta - Subrata Biswas 9831433440 - or email him on subrata.biswas@mhfcindia.com.  

New Launch - Mahindra Lifespaces "Happinest"- Boisar

Mahindra Lifespaces affordable housing project - "Happinest" has just launched - in Boisar. 

Spread across over 14 acres, the project offers 1RK, 1 and 2 BHK apartments in the range of 351 sqft to 695 sqft and would have a total of 800 units, and will be priced between Rs 9.1 lakh to Rs 17.5 lakh.

In the first phase, where construction will commence from next week and is scheduled to be completed in a year, the company will build nearly 359 units. 

For more information on the project, please see the company's website and this news article in the Economic Times.

We believe that this is a rare opportunity to own a quality home from a leading business group at a reasonable price within the Mumbai region and will be happy to support customers from our segment who are interested in this project.  

Thus, for financing up to 15 lakhs max on this project, especially for informal sector customers who lack documentation to prove incomes, please email us on contact@mhfcindia.com OR call our Loan Officer for the project - Gulab Patil on 9167220732 for further information on terms and conditions of MHFC financing. 

Shukhobrishti Draw of Lots - results now online

Results for the Draw of Lots (conducted on Feb 25 and Feb 26) now available online - see link below
Shukhobrishti allotment list - Phase 3

Just to reiterate, MHFC will finance buyers from our segment (subject to our terms and conditions). For more details, please see MHFC website or call our officer in Kolkatta - Subrata Biswas 9831433440 - or email him on subrata.biswas@mhfcindia.com. 

Shukhobrishti - by Shapoorji Pallonji - Kolkatta - flats less than 10 lakhs

Just came back from a trip to Kolkatta - visited an excellent project - probably the best one MHFC has ever approved in this segment - Shukhobrishti by Shapoorji Pallonji (in a PPP with the state govt of West Bengal) - just been launched - the builder is offering approx 1500 flats (approx 1100 1 BHK flats and 400 2 BHK flats priced at approx 5 lakhs and 10 lakhs respectively). 

See photos below for an idea of the project (G + 4 building have 1 BHK flats and G + 14 buildings have 2 BHK flats).

The flats are meant for LIG / MIG families (household incomes to be less than 15,000 per month and 25,000 per month respectively) - and there is expected to be massive demand given the pricing, high quality, reputation of builder - in fact over 30,000 application forms (priced at Rs 500 each) have already been issued and bought and there is still massive demand for the forms which have to be submitted to the company by Sep 28. 

This is an approved project for MHFC - and we will finance buyers from our segment (subject to our terms and conditions). For more details, please see MHFC website or call our officer in Kolkatta - Subrata Biswas 9831433440 - or email him on subrata.biswas@mhfcindia.com. He has some extra application forms and will also help informal sector applicants fill this in - but note this needs to be done quickly due to the very tight deadline. 

Virar - new projects approved - 2013

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

Thus, this is to inform that MHFC has recently approved several (about 10) new projects in Virar East - generally smaller (about 60 to 70 flats) when compared to our usual larger size approved projects. Not sure how many of these flats are still available but for those interested, please call our Loan Officer Gulab Patil on 9167220732 for assistance (info on status of the projects and flats availability and also terms and conditions of MHFC financing).

Tata Housing New Haven Compact - Ahmedabad

Tata Housing launches its next phase in its affordable housing project in Ahmedabad - called New Haven Compact - for info, prices start at 12.4 lakhs for a 1 BHK home.

For detailed info, see company's website:
New Haven Compact - Tata Housing link

This is an automatically approved project for MHFC - and we will finance buyers from our segment (subject to our terms and conditions). For more details, please see MHFC website or call our officer in Ahmedabad - Atul Vaishyak on 9067336929 - or email us on contact@mhfcindia.com