Rashmi Housing , a ray of hope, in the affordable housing sector

By Pallavii Pitale

Having Started it’s activities in 1999 with mere 5 people to work with, Rashmi Housing Pvt. Ltd. Has come a long way fostering it’s dream to create “housing for the common man”.

The group is headed by four young, visionaries , Mr. Deepak , Mr. Yogesh , Mr. Hemendra and Mr. Ashok ,the Bosmiya brothers. The group is well known in the extended suburbs of Mira Rd. and further down up to Virar for creating various affordable housing opportunities for the ‘Aam Aadmi’.

The group has always been active in the extended suburbs from Mira Rd.up to Virar that  are being developed very fast.Lot more residential and commercial complexes, infrastructural developments by MMRDA are also coming up in the region. With the latest addition of the MCHI for Vasai -Virar region, the sector will be much organized and shall be the support system for Mumbai within the coming decade.

Under the real estate brand ‘ Ghar ho to aisa, Rashmi Housing has always tried to offer  new standards of luxury and commercial life in these extended suburbs. The company is committed to offer it’s clientele, best of locations , excellent space planning, beautiful interiors with standard amenities and sufficient parking areas in close proximity with nature and green spaces around to give it a total feel of being at home.

Since the year 2000, the Rashmi group has completed and handed over about 200 buildings till now, in the region from Mira Rd. onwards up to Virar, that comprises about 37,00,000 sq.ft. of developed area. These structures have catered to people from all strata of society and all walks of life. About 24,30,000 sq.ft. of area is being developed  in the ongoing projects. The group has acquired about 90 acres of land which will soon begin with the process of being developed as affordable housing complexes.

The group has developed and completed about 20 projects in the Mira Rd to Virar region out of which 14 are at  Mira Rd, 4 being at Vasai, 1 at Naigaon and 1 is at  Virar. Amongst the ongoing projects, 1 is being developed at Mira Rd, 2 at Naigaon, 8 at Vasai, 1 at Virar, 1 at Bhayander and 1 at Ghatkopar, within the Mumbai city limits.

Various future projects of the group are expected to come up in other states as well. Total 3 projects shall be developed at  Surendra Nagar, in the state of Gujarat. 1 project shall be developed at Udaipur in Rajasthan , 1 at Vellore in Chennai, and other two, within western Mumbai suburbs like Borivali (W) and Malad (E).

The group has recently started with it’s new brand of affordable housing ,‘star city’, at Naigaon(E) in the year 2009. The second phase of which  is being constructed now. This special township is offering best ‘nano’ flats at affordable prices especially designed for the low income groups. Though there are loan options available with these developments, special easy to pay plans and schemes have been developed by the company for their valuable customers in such a way that they do not end up spending extra money other than the flat value and other necessary duties and charges. The company has a vision to develop today’s Naigaon like today’s Mira Rd.,which was like today’s Naigaon about 20 years back. With the brand Star city, the group is planning to have joint ventures with land owners at various parts of the country. The group aims to have a chain of star cities coming up at every major city in India.

Rashmi Housing is proud to have over 7000 satisfied customers till now as their biggest asset.

Very few developers are found to be keen on doing housing projects for the common man. Rashmi Housing is amongst very few such people and  therefore, is indeed a Ray ( Rashmi ) of hope for people, as far as the affordable housing sector is concerned.