Housing projects Gurgaon

Housing projects Gurgaon

Affordable Housing in Gurgaon

New launch projects gurgaon – In November 2013 Haryana government launch its housing policy with HUDA(Haryana Urban Development Authority) and private builder under ppp scheme (public private partnership).

under this scheme many builders like HCBS,Pyramid,Signature Global, Kshitij Ramsons, Ocean Build tech Ramada Affordable Housing(ROF)

Their Projects in different areas like: Sohna road , Dwarka Expressway , Sohna (South of Gurgaon)

NEW LAUNCH PROJECTS in Affordable Housing Gurgaon

What are the terms for Affordable Housing?

  • License granted for Affordable Housing cannot be converted into normal Group Housing.
  • Allotment is provided by only Draw and Booking is on First Come First Serve
  • Completion time for these projects is 4 years from the date of approval of Building Plans and Environment Clearance Certificate whichever is later.
  • Sizes are Pre-Defined by Govt. are 28 SQM to 60 SQM.
  • Minimum area for projects is 5 Acres and maximum area is 10 Acres.

What are the Benefits of Affordable Housing ?

  • All projects are Maintenance Free for 5 Years after possession. Builder will take care for the maintenance of the project.
  • Rates are Pre-Defined by Government for these projects as below:
    • Potential Towns of Haryana :           4000 per Square Feet
    • Low Potential Towns of Haryana :           3600 per Square Feet
    • Other Towns of Haryana :           3000 per Square Feet
  • All rates are on Carpet Area. Client saves up to 30% to 35% on these projects.
  • Free Parking for Scooter which is half of the size of car parking.
  • There are No Other Charges in these projects except Service Tax @ 3.09%.

Balcony will be on reasonable rates of Rs. 500 per Square Feet. But not more than 100 Square Feet

What are the Terms for Builder for Affordable Housing set by Government ?

  • Builder will give Possession within 4 Years.
  • All License must be Approved before allotment.
  • Builder cannot sell Flats directly to public.
  • All allotments will be by Lucky Draw only in public.
  • Builder will provide Maintenance for 5 Years after possession.
  • Builder will deposit Security to HUDA as below:
    • In Potential Towns 15% of total Amount of Project.
    • In Other Towns 10% of total Amount of Project.
  • After the possession Builder will get 90% of Security Deposit refund as per Occupancy Certificate issued by Govt. floor wise.
  • 10% of the Security Deposit will be deposited to the HUDA for next 5 Years as Maintenance Security.

What are the Formalities and Documents to Submit with Application in Affordable Housing ?

  • Purchase & Fill the Application Form
  • One latest Photograph
  • Pan Card Copy
  • Address Proof
  • ID Proof
  • DD, PO or Cheque of 5% booking Amount

T.C.GUPTA, Principal Secretary to Government, Haryana Town and Country Planning Department.

Affordable Housing Projects Scheme in Gurgaon:

Find  New Launch Affordable housing Projects in gurgaon

As the demand for the new projects is increasing, the number of upcoming projects are also increasing with time. There are nearly 1373 new projects in Gurgaon out of with 197 projects are on Sohna road itself. The projects ranges from affordable housing projects undertaken by the government of Haryana to premium housing projects started by the best builders in India. Every primary builder in Gurgaon is having at least one project under them. The major builders being Tulip, Ireo, Omaxe, Central park, Unitech, Bestech and Vipul.

There are more than 30K properties available under these 1373 new properties upcoming in Gurgaon. The most of the new properties are from Sohna road and Golf course extension road. Sohna road is consisting of around 197 projects with more than 4600 properties. Golf course extension road consists of 114 new upcoming projects with more than 6000 properties. The configurations are raging from a 1BHK to higher than 9BHK based on an individual requirement. Luxury has become the new common in Gurgaon with the upcoming projects.

There are 9 upcoming projects on Sohna road. There are two projects under the name of Central park. There two other projects are by lotus namely Lotus Greens new launch and Lotus green arascape. Raheja also started a new project on sohna road namely Raheja Anandam. People who are looking to buy an apartment at a lower cost, then this is the right time to take a decision. The per square feet cost will be less during the inception of a project than when it is finished. There are many options available right now with very good return on investment for the people who is willing to buy a property as an investment and will be giving it for rent when once it is finished. One can go through these projects and take a decision.

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