Bookings for Tata's low-cost houses - that will come for as low as Rs 4 lakh - starts on Monday.
The initial booking amount is Rs 10,000 and booking application forms are available at SBI branches. Bookings can be made through bank pay order at selected branches of SBI bank across Mumbai. Applicants can purchase the application form booklet at Rs 200.
Bookings have to be made in the next 20 days and the first list and the waiting list is expected 15 days after the final booking day.
Tata Housing, a subsidiary of Tata Sons, launched its low-cost housing initiative - the Shubh Griha project - on Wednesday. The company plans to build apartments that will be priced at around Rs 4 to Rs 7 lakh.
The first Shubh Griha township will be launched at Boisar in Mumbai.
Tata Housing has tied up with SBI and HDFC to help potential buyers with finance options.
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