Mahindra Lifespaces is going to launch the second phase of its affordable housing project in Mumbai’s suburbs. There will be around 240 flats in Affordable housing phase 2 project which will be located in Boisar, Mumbai. Just like the Chennai’s project, Mumbai’s Project is also considered to be a “Pilot” project of Mahindra’s Life Spaces in affordable housing space. According to senior officials, the project is expected to expand further in Maharashtra.
The starting price of flats will be Rs. 11 lakh which goes upto Rs. 21 lakh. Talking about the size of the flats, it lies between 351 Sq.Ft to 762 Sq.Ft. However, the 351 Sq.Ft includes 1 Room, Kitchen And Hall and Toilet whereas 762 Sq.Ft includes 2 Bedroom, Hall, Kitchen and Toilet.
Earlier Mahindra lifespaces launched the Affordable housing Project Phase-1 around Diwali last year. the project received huge response from the public. More than 300 Flats were sold during Phase-1. Also the price range offered last year is almost the same as the Phase-2.