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Real Estate Forum on Affordable Homes In Mumbai

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: It seems that Govts policy with respect to affordable housing has created lot of doubts in minds of developers.
Latest Answer: Hi, There is a general feeling that the said notification is silent on the issues which can arise after the grant of occupation. The policies for guidelines should be formulated for maintenance of common amenities, utilities and payment of the property tax.
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Q: I am looking for an affordable home in Mumbai. Which are the good areas in Mumbai for affordable housing?
Latest Answer: @Bikram, You can also look for Vikhroli is located in the middle of the Eastern Express Highway (EEH). It has a few well planned highways and flyovers that connect Sion and Thane. One can reach Thane from Sion in 30 minutes. Vikhroli is also well connected by the LBS Marg from the west. The highway further connects it to western suburbs including Bandra and Jogeshwari. Vikhroli offers 1 BHK apartments within a budget of Rs. 55-60 lakhs. With the Mumbai metro expected to come here, property prices are set to go up by 12% in the first quarter of 2014.
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