Tata Shubh Griha, Nano Homes between Rs 3.9 to Rs 6.7 lakh at Boisar Mumbai, last date for the submission of the application form - May 28, 2009

Where is Boisar?

Boisar is located 45 kilometers north of Virar and 102 kilometers from Churchgate, on the Western Railway line of Mumbai Suburban Railway.

To reach Boisar, one can catch Shuttle/MEMU trains from Virar.

Have a look at Mumbai Suburban Rail Network Map.

Long Distance trains also stop.

By Road, it can be reached from National Highway NH-8, 22 kilometres (14 mi) off from Chilhar Phata.

There are regular state transport buses from Palghar, Thane, Bhiwandi and Wada. Read More

Tata Shubh Griha is conveniently located within 5 mins of Boisar railway station & MIDC.

Bookings will be accepted till May 28 along with the initial booking amount of Rs 10,000 through a bank pay-order at:

1) Tata Housing Regional Office

City Ice Building,
2A, 2nd floor,
298, Perin Nariman Street,
Fort, Mumbai 400 001
Tel: 022 - 6661 4500

2) Shubh Griha

Site Office
Near Tarapur Industrial Area (MIDC), Boisar.

Email:
shubhgriha@tatahousing.com
Website:
www.shubhgriha.com
www.tatahousing.com

Home loans for Shubh Griha:

Tata Housing Development Company has partnered with Micro Housing Finance Corporation (MHFC) to provide easy housing finance to the lower income group for Shubh Griha.

MHFC has set up a stall at Shubh Griha site at Boisar in order to assist consumers in the procedure.

The MHFC loans will be long-term micro mortgages for need-based housing.

MHFC would be flexible in its documentation requirements and will make its interest rates affordable.
Business Standard

Related Stories:

1) Tata Shubh Griha, Nano homes between Rs 3.9 to Rs 6.7 lakh at Boisar, Mumbai - booking forms available at following SBI branches from today, 11-5-09

2) Tata Housing, a subsidiary of Tata Sons, launches "Shubh Griha", low-budget housing between Rs 3.9 to Rs 6.7 lakh at Boisar — north of Mumbai

3) Tata Shubh Griha at Boisar - Tatas' nano housing plan takes off in style

4) Tata’s Nano Homes And The “Bottom of the Pyramid”

5) Nano-dreams: Raghavendra Kamath

6) Awards Galore for TATA Housing, promoters of Shubh Griha, Nano Homes at Boisar near Mumbai, at the Asia Pacific Property Awards, 2009

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Tata Shubh Griha at Boisar - Tatas' nano housing plan takes off in style

Tata Group has sold around 3,500 application forms for its low-cost housing project, Shubh Griha near Mumbai, in the first two days of booking, three-and-a-half times the number of apartments the company is planning to build under the project, a company executive said.

The pricing of the project has taken many by surprise. Its Shubh Griha website (www.shubhgriha.com) has received 15 lakh hits in four days since announcement of the project.

This includes 6.7 lakh hits from the US and 3.3 lakh hits from India, as per the executive.
To read more, please, visit - -The Economic Times

Related Stories:

1) Tata Shubh Griha, Nano homes between Rs 3.9 to Rs 6.7 lakh at Boisar, Mumbai - booking forms available at following SBI branches from today, 11-5-09

2) Tata Housing, a subsidiary of Tata Sons, launches "Shubh Griha", low-budget housing between Rs 3.9 to Rs 6.7 lakh at Boisar — north of Mumbai

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Nano-dreams: Raghavendra Kamath

Jamshedpur gave birth to Telco (now Tata Motors) which has just launched the low-cost Nano; Jamshedpur, according to the 35-year old Tata Housing Development Company Managing Director Brotin Banerjee, is what inspired Tata Housing to launch its Shubh Griha low-cost housing project in Mumbai.

Banerjee, who was born and brought up in Jharkhand and has worked with the Tatas since 1998, says he liked the concept of Jamshedpur, which provided housing to thousands of employees working with Tata companies and others. So, he says, he wanted to try and replicate that model in other cities. ‘The Tatas’, he says, ‘have always worked with the common man in mind. I am just one of them”.
To red more, please, visit - Business-Standard

Related Stories:

1) Tata Housing, a subsidiary of Tata Sons, launches "Shubh Griha", low-budget housing between Rs 3.9 to Rs 6.7 lakh at Boisar — north of Mumbai

2) Tata Shubh Griha, Nano homes between Rs 3.9 to Rs 6.7 lakh at Boisar, Mumbai - booking forms available at following SBI branches from today, 11-5-09

3) Tata’s Nano Homes And The “Bottom of the Pyramid”

Visiting for the first time?

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Tata’s Nano Homes And The “Bottom of the Pyramid”

Now it is the turn of Tata Group to effectively use the idea of the “bottom of the pyramid”.

First they came up with Tata Nano.

Now they are planning to repeat the success of the idea with its Nano homes.

With this, Tata Group is once again setting a great example as a company that cares not only for profits but also for people.

Will other companies follow suit?
To read more, please, visit - IndiaSpecial.net

Related Stories:

1) Tata Housing, a subsidiary of Tata Sons, launches "Shubh Griha", low-budget housing between Rs 3.9 to Rs 6.7 lakh at Boisar — north of Mumbai

2) Tata Shubh Griha, Nano homes between Rs 3.9 to Rs 6.7 lakh at Boisar, Mumbai - booking forms available at following SBI branches from today, 11-5-09

Visiting for the first time?

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Tata Shubh Griha, Nano homes between Rs 3.9 to Rs 6.7 lakh at Boisar, Mumbai - booking forms available at following SBI branches from today, 11-5-09

Tata Shubh Griha, Boisar: 3 types of flats:

1) Type A- 1 RK Small - 218 Sq. Ft. Carpet Area
For Rs. 3,90,540

2) Type B- 1 RK Large - 281 Sq. Ft. Carpet Area
For Rs. 5,04,000

3) Type C- 1 BHK - 373 Sq. Ft. Carpet Area
For Rs. 6,74,250

Note: The Stamp duty, registration & other charges (like electricity meter charges, water meter charges, other deposits etc) will be charged as per actuals.

Payment Plan:

1) On application: Rs. 10,000 - by May 15. 2009

2) On allotment letter: by June 29, 2009 -

1) Type A- 1 RK Small - Rs. 29,054

2) Type B- 1 RK Large - Rs. 40,400

3) Type C- 1 BHK - Rs. 57,425

Click for the complete payment plan!

Rs.200 for the booking form:

Boisar:

Tarapur Industrial Estate Branch,
Khodaram Baug, Tarapur Road,
Boisar (W) - 401 501

Virar:

Sankalp, C.S. Marg,
Virar (W), Thane (W)
District Thane - 401 303

Vasai:

Navghar Bassein Road Branch,
Vasai (W),
District Thane - 401 202

Palghar:

Palghar Branch, Mahim Road,
District Thane - 401 404

Nallasopara:

Nallasopara (W) Branch,
Bharati Apartment, Bldg 'A',
Plot No. B.S. No. 106, Near Patankar Park,
Nallasopara (W),
Taluka Vasai, District Thane - 401 203

Dahanu Road:

Dahanu Road Branch,
Post Bag No. 1,
Dahanu Road, Thane - 401 602

Thane:

Thane Main Branch,
Agyari Cross Lane,
Tembhi Naka, Thane - 400 601

Borivali (W):

Mandpeshwar Road Branch,
Mangesh Apt, 1st floor,
S.V.P. Road, Borivali (W) - 400 092

Andheri (East):

Andheri East Branch,
Vrindavan, M.V. Road,
Andheri (East) - 400 069

In addition forms will be available at:

Tata Housing Development Company Ltd.
Regional Office-West India
City Ice Building,
2A, 2nd floor,
298, Perin Nariman Street,
Fort, Mumbai 400 001

Related Story:

Tata Housing, a subsidiary of Tata Sons, launches "Shubh Griha", low-budget housing between Rs 3.9 to Rs 6.7 lakh at Boisar — north of Mumbai

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Tata Housing, a subsidiary of Tata Sons, launches "Shubh Griha", low-budget housing between Rs 3.9 to Rs 6.7 lakh at Boisar — north of Mumbai

(Rs 3.9 to Rs 6.7 lakh + stamp duty)

Bookings open on this Saturday!

2.8 kms from the Boisar railway station this 67 acres, Rs 100 crore township will have 1,000 flats:

Amenities: hospital, school, post office, market, community hall, play garden and open landscaped area

Possession in 2011:

View Tata Housing's Shubha Griha at Boisar in a larger map

After the successful launch of the world's cheapest car ‑ the Nano, the Tata Group launches not so cheap homes!

"ground plus two format"

283 sq ft, 360 sq ft and 465 sq ft, super built up area (SBUA)

Actual carpet area would be 20% to 25% less!

Property rate Rs 1,380 per sq. ft. at Boisar, 98 km from south Mumbai and six stations after Virar on the western line!

Application form for Rs 200!

To know more, please, visit:

1) Tatas bring Nano touch to Mumbai's realty:

In fact, the tiniest flat will be smaller than the free tenements offered to authorised slum dwellers under the Slum Redevelopment Scheme in Mumbai. Each slum family is entitled to a 269 sq ft (carpet area) tenement.

"We are looking at first-time buyers earning a steady Rs 3 lakh to 5 lakh a year. Hordes of people travel daily between Mumbai and Boisar to work and this will be a good opportunity for them to shift to Boisar instead of living in rented accommodation,'' said Brotin Banerjee, MD and CEO of Tata Housing. Read More

2) Booking Process:

Applicants can purchase application form costing Rs 200 from select SBI branches across Mumbai.

The bookings should be made with an initial booking amount of Rs. 10,000 at the bank branches.

The first list and the waiting list will be declared after scrutiny of applications. The allottees would be intimated by Tata Housing along with payment schedule. Read More

3) Booking closes in about two weeks?

When asked how the company would be able to keep costs low, it said their designs were innovative and that it had ‘some trade secrets’.

Also, the Tata Housing group does not entirely own the land that it is building the township on. Here’s the deal: the group has tied up with the land owner and will work on a revenue-sharing model.

The group has struck an alliance with the State Bank of India and the bookings for the first thousand apartments starts on Saturday and closes in about two weeks. After that, there will be an allotment through a lottery system. Read More

4) Shubh Griha in Delhi and Bangalore:

Interestingly, a couple of private builders are already selling homes at similar rates in Boisar.

Mr Banerjee, however, said that the Tata Housing project would receive a better response as it offers better amenities.

He later told ET, “The plan is to later have Shubh Griha projects in Bangalore and Delhi over the next few months.

This will depend on factors like how quickly the land is obtained.” Read More

Dear Ratan Tata, focus on your core businesses!

This news reminded me an articel written by R Jagannathan in DNA Money. It's head line was "Why business houses will shrink".

Read what Mr. Jagannathan says and you will agree with me that Tatas should focus on their core business and let the property buyers live on the mercy of Indian real estate developers! (Comments Policy)

Jagannathan says:

The oncoming recession is the beginning of the end of Indian business houses as we know them. Used as they are to conglomerate thinking, the global meltdown and weak market for equity financing will force them to focus on their core businesses and dump the rest.

In many ways, the Tatas, Birlas, Ambanis and Ruias of the world are T-Rexes. They belong to a bygone era of business and have no place in the future. I don't mean their companies won't exist; just that they can't exist as business groups.

They are still around only because of India's imperfections, where growth has been facilitated by cronyism, corruption, and easy money -- usually somebody else's. No Indian business has grown with its own money beyond a certain size. It is always someone else's money, someone else's risk finance. Read More

Feel free to call me:

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If you are visiting my "Ravi Karandeekar's Pune Real Estate Market News Blog" for the first time, please, visit these popular posts to get the feel of the topics and discussion we enjoy on this blog.

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