Resale - 1 RK flats in Samruddhi Complex, Bhivpuri

While all flats in Poddar Developer's project at Bhivpuri have long since been sold out, MHFC has access to a few flats in resale which will be available ONLY to actual end users (those who need a primary residence) and who are financially excluded (cannot get loans from other banks and who thus need a loan from MHFC).  

For more information on the project itself, see link below to the builder website 
Samruddhi Complex, Bhivpuri - Poddar Developers

For those interested in 1 RK flats (300 sq ft) in the project which is opp Bhivpuri station (1 stop before Karjat on the local train) as a home, please email on contact@mhfcindia.com OR please call our Loan Officer for the project - Gulab Patil on 9167220732.

Poddar Developers - Samruddhi Evergreens - Badlapur

Phase II of Poddar Housing's project at Badlapur has just opened. In this phase, the builder has on offer 1 RK flats starting from 9.3 lakhs and 1 BHK flats starting from 14.5 lakhs - prices inclusive of all charges, regn fees, etc.

For more information on the project incl the payment schedule and facilities, please see the company's website.

For financing up to 10 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.

Samruddhi - Poddar Developers - update

There has been a good response for the project in that 600 bookings already made - within a month of launch. However, of this, most bookings are for the 1 BHK category (which was priced at Rs 4.5 lakhs) and less for the 1 RK (priced at Rs 3.5 lakhs). In fact, the surplus bookings for the 1 BHK category have meant that (a) it will be closed quite soon as it seems that only Phase IV flats left in this category and (b) the builder has raised prices to between Rs 4.65 and 4.95 lakhs, depending on the floor. For the moment though, the 1 RK prices have been retained at Rs 3.5 lakhs and the builder has also set up a sample flat at site for viewing in order to generate interest (until now only the 1 BHK sample flat was ready). We still do not have a clear idea on the proportion of investors to end users but MHFC is certainly trying to spread the word among the latter segment so that they come forward to book a flat in what is probably a reasonably affordable project, even for those earning between Rs 8-10,000 Rs per month (the EMI on a Rs 2.8 lakh loan - after the 20% client own contribution of Rs 70,000 - will be approx Rs 3,700 over 15 years).