2BHK Flats Archives - Square Feat India https://squarefeatindia.com/tag/2bhk-flats/ Real Estate News Website Tue, 07 Oct 2025 11:55:25 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.6 https://squarefeatindia.com/wp-content/uploads/2019/12/squrefeatindia_favicon.png 2BHK Flats Archives - Square Feat India https://squarefeatindia.com/tag/2bhk-flats/ 32 32 SBI Wants 200 2BHKs in Mumbai https://squarefeatindia.com/sbi-wants-200-2bhks-in-mumbai/ Tue, 07 Oct 2025 11:55:25 +0000 https://squarefeatindia.com/?p=10051 The State Bank of India has floated a tender to purchase 200 ready 2BHK flats across Mumbai’s key suburban corridors. With a requirement of 50 flats each along four railway stretches, the move signals strong institutional interest in mid-income housing segments.

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]]> The State Bank of India (SBI) has invited e-tenders for the outright purchase of 200 ready-built 2BHK residential flats in and around Mumbai, marking one of the largest institutional bulk housing purchase plans in recent times.

The tender, issued by the bank’s Premises & Estate Department, Local Head Office – Mumbai Metro, specifies the requirement for flats located across four key suburban railway corridors, with 50 flats needed in each corridor.

📍 Location-Wise Requirement

Tender IDRailway CorridorRequired Carpet Area (as per RERA)Number of Flats
MUM202509002Sion to Ghatkopar600 Sq Ft (±10%)50
MUM202509003Andheri to Borivali600 Sq Ft (±10%)50
MUM202509004Thane to Kalyan600 Sq Ft (±10%)50
MUM202509005Kharghar to Panvel600 Sq Ft (±10%)50

📝 Key Tender Details

  • Number of flats required: 200 (2BHK units)
  • Carpet area: Approx. 600 sq ft as per RERA norms, with ±10% variation allowed
  • Eligible participants: Reputed builders/developers, POA holders, or authorized representatives
  • Tender issue period: October 7, 2025 – November 6, 2025
  • Last date for online submission: November 6, 2025, 3:00 PM
  • Mode: Online through SBI e-tender portal
  • Note: Offers beyond the listed corridors will not be considered. No brokers are allowed.

🏦 Why This Matters

SBI’s move to buy residential units in bulk is significant for Mumbai’s suburban housing market, especially in mid-income corridors such as Thane–Kalyan and Kharghar–Panvel. Bulk purchases by large institutions can provide liquidity and absorption support to developers, particularly in a period when launch volumes are steady but sales velocity is moderating.

For developers, the tender represents an opportunity to offload inventory in bulk and secure assured payments from a credible buyer. For the market, such institutional purchases can help set benchmark pricing in the mid-segment category.

🏡 What It Means for Homebuyers

While the tender is not for individual retail buyers, such bulk acquisitions indicate:

  • Institutional confidence in mid-income housing segments.
  • Possible tightening of supply in certain suburban pockets, which could firm up prices.
  • Increased developer focus on 2BHK mid-sized units (around 600 sq ft) to meet both institutional and retail demand.
  • Potential for better infrastructure and community development if large anchor buyers like SBI enter projects.

📅 Next Steps

Interested parties can download the tender document from SBI’s website and submit their offers online. The bank reserves the right to alter the number of flats based on its requirements.

Also Read: SBICAP Ventures backed SWAMIH Investment Fund-I Raises over INR 15,000 Crores at its final close

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]]> Developer Offers 4 Flats in Festive Lucky Draw https://squarefeatindia.com/developer-offers-4-flats-in-festive-lucky-draw/ Thu, 03 Oct 2024 09:18:03 +0000 https://squarefeatindia.com/?p=7929 Ashwin Sheth Group's ‘Kismat ki Chaabi’ campaign offers a unique opportunity to win four 2BHK flats and various prizes. Keys will be distributed at multiple cultural events during Durga Puja, Navratri, and Diwali across Mumbai and Thane, with rewards totaling over ₹12 crores

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]]> Ashwin Sheth Group (ASG) is launching a campaign called ‘Kismat ki Chaabi’ to celebrate Durga Puja, Navratri, and Diwali. The campaign will distribute 10,000 keys, with four keys unlocking four 2BHK flats and others unlocking various prizes, including MG Windsor EVs, Bose Home Theatre Systems, return tickets to Amsterdam, and iPhone 16 units. The total value of the rewards exceeds ₹12 crores.

The four apartments will be located in ASG projects: Sheth Avalon in Thane, Montana in Mulund, Sheth Zuri in Thane, and Edmont Aurelia in Kandivali. Key distribution will occur at the following locations:

  • Thakur Village Bengali Association (Kandivali) during Durga Puja
  • Powai Bengali Welfare Association at Times Powai Sarvajanik Durgotsav
  • Krishti Durgotsav at Whispering Palms Lokhandwala, Kandivali
  • Bandhan Durga Puja in Mira Road
  • During Navratri at Whispering Palms
  • Growel’s Mall, Kandivali
  • Viviana Mall, Thane

Winners will receive:

  • 4 Free 2BHK Apartments
  • 4 MG Windsor EVs
  • 12 Bose Home Theatre Systems
  • Return tickets to Amsterdam for 22 couples
  • 60 iPhone 16 Units

The campaign aims to connect with the community during the festive season.

Also Read: Festive push to residential real estate momentum of 2023

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