1 Bedroom 330 Sq.Ft. Apartment in Virar East Palghar
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Bolinj Mhada CHS
1 Bedroom 330 Sq.Ft. Apartment in Virar East Palghar
Listing ID: #10343756
₹ 24 L
+ Charges
Area
Carpet Area
330
Sq.Ft.
Sq.ft.
Sq.metre
Sq.yards
Bedroom
1 Bedroom
Bath
1 Bathroom
Possession Status
Ready To Move
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Property Details
Discover a promising investment opportunity in Virar East with this unfurnished 1-bedroom, 1-bathroom apartment in Bolinj Mhada CHS, priced at 24 Lac.
Spanning 330 square feet, this property offers a compact yet functional living space perfect for first-time homebuyers or those looking to add to their portfolio.
Located in Palghar, the apartment is situated within a building that is between 5 to 7 years old, indicating relatively modern construction and infrastructure.
While there is no dedicated parking included, the accessible price point and the potential for rental income make this an attractive prospect.
The area unit of square feet confirms the size, and the absence of specific facing details suggests it is a standard unit within the complex.
This offering in Bolinj Mhada CHS represents a straightforward entry into the real estate market, providing a foundation for future appreciation or immediate rental yield.
Explore the potential of this apartment for your investment goals.
AI enhanced content based on submitted property information
Since it was set up in 1948, the Maharashtra Housing and Area Development Authority (MHADA) has been at the forefront of housing development in Maharashtra. MHADA has done a great job achieving its goal: to build safe, affordable homes for people of all income levels. The authority has ensured that these homes are well-maintained and provide a good quality of life by emphasising routine upkeep.
The Vidarbha Housing Board (VHB) was established in 1960 to meet the specific housing requirements of Maharashtra's Amravati and Nagpur regions. VHB requires the government to give loans to local governments, non-profits, and universities that build affordable housing for low-income people.
Then in 1971, the Bombay Building Repairs and Reconstruction Board (BBRRB) was established. The board's main job was to fix and rebuild damaged buildings so that the people of Bombay would be safe.
In 1974, the Bombay Slum Development Board was created so that people living in slums in Mumbai City and Mumbai Suburban Districts could access the needed services and facilities. The amenities ranged from clean water to sanitary facilities and enough lighting. The Act of 1976 set up the Maharashtra Housing and Area Development Authority (MHADA), which ensures these policies are followed all over Maharashtra.
This is not an exhaustive account of the MHADA's efforts to make decent housing accessible to people of all income levels. The Maharashtra Housing and Area Development Authority has quickly risen to the forefront of India's housing sector. And it has been instrumental in a wide range of initiatives, including constructing homes for people of varying socioeconomic backgrounds, restoring damaged buildings, and providing basic services to residents of urban slums.