Tata Housing to launch Sub Rs. 4 Lac Flats

Launches Subha Griha project in Boisar near Mumbai

Here comes another low cost offering from the Tata Stable. After the launch of the world’s cheapest car Nano, the Tata’s has unveiled its ambitious project “SUBHA GRIHA” which aims to provide low cost affordable housing in Suburbs of Mumbai.

Booking starts from May11,2009 and forms would be available for Rs. 200. Allotment would be made on basis of Lottery draw.

• The township will be located in Boisar, which is at a distance of about 100 Kms. from Mumbai

• The township will consist of 1200 One Room Kitchen Flats starting at Rs. 3.91 Lacs

• The construction is expected to be completed in 24 Months time.

• The project is targeted to address housing problems of migrants who currently opt for rented accommodation

• The project would offer community Halls, School and Hospital within the township.

• There will a range of options available and the flats could cost between 3.91- 7 Lacs depending on specifications

• The company proposes to put a “No sale Clause” for a period of Nine months from the date of allotment to curb speculative sale purchase of these flats.

About Boisar

Boisar is a town in Thane district in the state of Maharashtra. It is located 45 kms (28 miles) north of Virar on the Western Railway line of Mumbai Suburban Railway. By Road, it can be reached from National Highway NH-8, {{convert22kmmi} off from Chilhar Phata. There are regular state transport buses from Palghar, Thane, Bhiwandi and Wada.

Subha Griha Project in Delhi & Bangalore

Tata Housing has intends to launch the affordable flats scheme in NCR and Bangalore in this year itself. It will launch this Scheme in other major cities including Chennai and Kolkata in the coming years.

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