The company has also extended the deadline for the submission of the application forms with an initial booking amount of Rs 10,000 to May 28, 2009 for the 1000 unit integrated township. The first ‘Shubh Griha’ property will be launched in Boisar, Mumbai and will be priced between Rs 3.9 lakh to Rs 6.7 lakh. MHFC has setup a stall at the Boisar site in order to assist consumers in the procedures and its loans will be long term micro mortgages for need based housing. It will also be flexible in its documentation requirements and will make its interest rates affordable.
Published 23 May 2009, 15:50 IST