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Postal Authorities Not Keen On Vending Forms For Low-Cost Matheran Housing Project In Mumbai By smith, Section Pune Real Estate
Matheran Realty's efforts to rope in post offices in Mumbai to distribute application forms for its low-cost housing project came to naught as the postal authorities in Delhi appear to have expressed reservations over it.
Despite the hiccup, the Mumbai-based realty company sold over 6,000 applications, each costing Rs 100, through its offices in Belapur and Karjat on Tuesday. The units open for booking are of 300 to 500 sq ft, in the range of Rs 3-5 lakh at Karjat, which is about 100 km from here. Mr Pravin Banavalikar, CEO, said the company has now tied up with the retail chain Subhiksha to vend its forms from Wednesday. Source: www.thehindubusinessline.com 15/Aug/2008
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