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Construction | November 09, 2013
#39943

Poddar Developers bets big on low-cost housing

Poddar Developers in Badlapur, Mumbai suburbs, which has positioned itself as a low-income housing specialist, is working on a 70-acre township which, when completed, will comprise 3,000 apartments in Phase I; these will be made available over three phases and have been launched at an affordable Rs 1,899 per square foot. The company is promoted by Dipak Kumar Poddar.    The first lot, recently handed over to occupants, is bundled with parks, a cricket pitch and a club house—amenities you would expect to find in a plush housing project. Also, at first glance, these apartments seem to have a better finish than traditional low-income housing.    The walls are well plastered, the toilet fittings are from reputed brands (they come with a warranty) and the plumbing appears to be as good as that in any apartment block in south Mumbai.

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