SBI plans to buy 24 Mumbai apartments put out for sale by MHADA under First Come, First Served Basis: CEO
India, Aug. 7 -- The State Bank of India (SBI) has expressed interest in purchasing 24 Mumbai apartments put out for sale by the Maharashtra Housing and Area Development Authority (MHADA) under its First Come, First Served (FCFS) basis scheme.
According to MHADA officials, the SBI has written to them expressing their interest to purchase 24 apartments, and they will undertake further communication regarding the same.
"The SBI has expressed interest, and now we will communicating further with them to bring a closure. The pricing location everything will be studied in the coming days," said Milind Borikar, CEO of MHADA's Mumbai Board.
An email query has been sent to SBI. The story will be updated if a response is received.
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