Xrbia Developers to Launch 50,000 Affordable Housing Units Across Mumbai and Pune in Q4 2017

Xrbia Developers has announced 50,000 affordable housing units in city centre locations across Mumbai and Pune in Q4, 2017. These new projects will be launched in Thane, Kandivali, Mira Road and Karjat in Mumbai whilst the projects in Pune will be launched at Balewadi, Dhanori and Market Yard. The apartments will be priced at 50 lacs for 1BHKs and 80 lacs for 2BHKs. The 1BHKs will have a carpet area ranging from 180 to 230 sq. ft. and 2BHKs will be of 305 sq. ft. carpet area. The projects will progress across a span of 60 months. Additionally, under the Pradhan Mantri Awas Yojna (PMAY) scheme, eligible customers with a yearly income of up to 18 Lacs will be able to benefit from a government subsidy of up to 2.67 lacs. Speaking about the launch, Mr. Rahul Nahar, Founder, Xrbia Developers Ltd. said, “Xrbia is currently undertaking many changes in the business strategy to become the most preferred affordable housing brand of the future. To meet our vision of delivering “100 future-ready cities by 2030”, Xrbia is committed to invest in innovative technologies to provide smarter, more efficient, and sustainable cities to our customers.” These new projects will provide end-to-end infrastructure for all residents such as gyms, swimming pools, open green spaces and recreational amenities thereby satisfying the growing demand for convenience. Meanwhile, Internet of Things Technology will power a customer portal, access, security and billing systems. The entire system operates on the SAP ERP system, a world-leading platform for business processes. “It is important for a real estate brand to focus not only on today’s industry revolutions but also future needs of their customers’. Xrbia is committed to meet its customers’ needs from inception and year on year we have been working intensively with this brand ambition.” Nahar added. With its innovative construction technology, based on a hybrid of steel framing and concrete form work that produces homes at low cost within short timeframes, Xrbia has managed to slash build times to just six months.