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Nahar now to provide affordable township at Ambarnath

Saturday, January 01, 2011

Nahar Group has now entered the affordable housing segment and will be developing a township of 1,000 such houses at Chikhloli, Ambernath, in a joint-venture with Happy Home Developers.

The Nahar group is known for creating landmark premium residential buildings including a large residential complex, Sarvodaya Nagar in Mulund and the prestigious township, Nahar’s Amrit Shakti in Chandivali, is getting into developing affordable housing for the very first time.

Nahar Group Vice-Chairperson Manju Yagnik says “Our decision to enter this segment was determined by our customers who have been persistently requesting us to develop a township of affordable housing. When we were on the look for an appropriate site, we came across this wonderful location at Ambarnath, which to our pleasant surprise had the same beautiful and scenic backdrop of hills which our Nahar’s Amrit Shakti has in Chandivali. The vast expanse of land available makes it possible for us to offer options of reasonably priced apartments with amenities for leisure, sports and shopping.”

The project at Ambarnath, Sarvodaya Nagar is equidistant from Ambarnath and Badlapur railway stations and is in the proximity of medical centers, educational institutes and the upcoming corporate IT park.

Sarvodaya Nagar is plugged to have 1,000 space-efficient homes in sizes ranging from 1-BHK to 3 BHK in each of the 6-storey 16 buildings. In addition to huge parking space, other amenities include ample playarea for children, clubhouse and indoor games facility, swimming pool, conveniently located shopping area with 56 shops, and common area power back-up.

With a starting price of Rs. 13 lakhs for a one-BHK flat, potential home-seekers can avail of the housing loan facilities from HDFC, IDBI Bank & ICICI Bank who have approved of the Project.

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