×
E-PAPER ▾

E-paper

Vivacity

Affordable housing project launched in Mumbai

|

Group Satellite has been in the business of developing Mumbai real estate since 1971 and is known for its transparency and timely delivery. The group launched its first affordable housing project in Malad East, Aarambh, on February 1. The project has 1,000 units starting at Rs 45.45 lakh for a 1-BHK with 2 bathrooms, 11.8 ft ceilings, a flexi-loft and curated amenities.

The concept was aimed at catering to Mumbai’s undeserved with good quality housing at affordable prices.  Sarjan Shah, Managing Director, Group Satellite,  said, “Since my return from Harvard Business School, I’ve focussed on redirecting the group’s attention on the rapidly growing population of underserved and unserved Mumbaikars — people who live, work and grow in Mumbai but can’t afford to own their own homes until much later in life. Now, one and a half years later, we are really excited for the launch of Aarambh, Mumbai’s most inexpensive new homes. We have worked hard on product design and curated financial plans to make home ownership a dream come true for a new segment of Mumbaikars.”

He added, “So far we have received an overwhelming response from Mumbai citizens who never thought they could own a home in the city. Our site is lined up with hundreds of people every day who dream of buying a home in Mumbai and whose dreams are fulfilled by our group.”

Real estate development has always been a vital pillar for the progress of the economy. With projects in affordable housing like Aarambh, the company is paving way for a paradigm shift in the industry’s perspectives and focus, aligning to a new and emerging India.

 
 
 
 
 

TOP STORIES

Sunday Edition

View All

Court proceedings end in a lighter vein

20 May 2018 | PNS

New Delhi: “Now, let us enjoy our holidays,” this is how the Supreme Court concluded the hearing on the Karnataka power row on Saturday. The courtroom burst into a bout of laughter as Justice AK Sikri, who headed the three-judge Bench, made the jovial remark ...

Read More

STATE EDITIONS

View All

Street vendors reluctant to committee polls

21 May 2018 | PNS | Ranchi

With State’s biggest Urban Local Body (ULB) gearing up to conduct vendors’ committee election in June second week for formation of first Town Vending Committee, the members of Ranchi Footpath Hawkers Association covering quite a number of street vendors appear reluctant to take part in the upcoming election. Notably, as per the rule, allocation of shops to street vendors at the vendors market is done on the recommendation of the...

Read More

Page generated in 0.5775 seconds.