Own Your Dream House At The Most Affordable Prices

Owning a house in Gurgaon and Delhi is considered a big deal nowadays. Dreams of having your own house seem really impossible and out of budget for a middle-class family with such high priced apartments and bungalows having all the amenities and plush surroundings. But, with Haryana government’s affordable housing scheme in Gurgaon, you can now connect to South Delhi and major commute areas and own your own house at affordable pricing.

Sohna – South of Gurgaon is developing in every possible way and paving its way more and more towards urbanization. With development at such a pace, Sohna is set to become a hub for job opportunities and infrastructure development. Its location that connects with Delhi, Rewari, and Faridabad is a point has attracted many people including investors, real estate developers and inhabitants.

Global Hill View Gurgaon gives you all the luxuries under the Huda Affordable Housing Scheme Sohna Road Gurgaon at the rates which you might not believe to be true. It includes all the amenities such as shopping areas and parks. Apart from the construction at such a location, that makes it more attractive choice for residence is its green lush landscape that gives you mind-pleasing feels, relaxation and right joy of living with such wonderful sight.

Global Hill View provides you 2BHK flats at the most affordable prices and that too with 0% maintenance for the first 5 years. The cherry on the top is its connectivity with KMP expressway,  Airport and Proposed Metro Station that eases out commutation. All these features make Global Hill View an apt choice for your dream house.

New Sector Roads, Green Belts In Gurugram Cleared Of Illegal Structures

The Huda had acquired land for development work in sectors 57 and115, but over a period of time some plots were excluded from acquisition by the urban development authority

GURUGRAM: The enforcement wing of department of town and country planning (DTCP) on Monday demolished around two dozen structures, mostly shops along roads and in green belts, in sectors 81 and 95. While six shops were demolished in village Hayatpur, around 18 shops were razed in village Bandh to clear green belts and areas along sector roads.

The Huda had acquired land for development work in sectors 57 and115, but over a period of time some plots were excluded from acquisition by the urban development authority. Private developers have received around 1,156 licences in new sectors to develop residential and commercial projects, but there are patches of land owned by individual farmers.

As these sectors were being developed, several unauthorised structures have also mushroomed on this land. They were built without seeking any approvals from the department concerned. Most of these structures — shops, offices of property dealers and labour hutments — have come up in green areas along sector roads.

“We don’t want any unauthorised structures in these sectors,” said assistant town planner (ATP) Amit Madholia, adding that the department is taking action against such structures at this stage to keep sectors as the way it had planned.

District town planner (enforcement) Rajendra T Sharma said the department had demolished illegal structures in these sectors on November 30, and the next drive would be carried out in January. “We have identified around 25 pockets in new sectors where several unauthorised structures have been built,” said Sharma.

Neeraj Yadav, a resident of Sector 84, said many unauthorised shops had been constructed along sector roads. “These shops are a nuisance and pose security threat to residents,” said Yadav.

Poonam Sharma, a resident of Sector 82, said new sectors had little or no police presence, and these unauthorised shops are a den of illegal activities. “New sectors are still under development. No police station has been constructed yet. Such unauthorised pockets 0 the safety and security of residents,” said Sharma.

Pradhan Mantri Awas Yojana (PMAY) in GURGAON Haryana – HUDA Affordable Housing Policy Flats

PM Narendra Modi announces new Housing Schemes with rebates/discounts on Home Loan interest rates under Pradhan Mantri Awas Yojana (PMAY). Two new middle income categories have been created under the Pradhan Mantri Awaas Yojana in urban areas.  Home loans of up to 9 lakhs, will get a 4% interest benefit. For home loans of up to 12 lakhs, an interest rate waiver of 3% will be provided. In villages, those wanting to build or expand their homes will get loans of up to 2 lakh, with a 3% interest relief.

Pradhan Mantri Awas Yojna (PMAY) renamed from Housing for all by 2022 scheme has been launched by the government. The PM Awas Yojna aims to provide affordable homes to about 20 million families within next 7 years i.e. from 2015 to 2022. EWS and LIG categories of the urban society will be the main beneficiaries of the scheme.

Below are the quick links to access the detailed information about PM Awas Yojna 2015 housing scheme such as subsidy information, loan facility, facilities of the housing projects, application forms and procedure and much more.

Eligibility for the Pradhan Mantri Awas Yojana (Urban)

The following demographics are eligible for the scheme:

  • Indian citizens who are women may apply. No other demographic will be considered as long as they are women.
  • People who belong to the low income group i.e. LIG and economically weaker sections also known as EWG in the society, may also apply. EWS households with an annual income up to Rs. 3 Lakh, LIG households with an annual income between Rs. 3 Lakh to Rs. 6 Lakh
  • Scheduled tribes and castes will also be eligible.
  • Senior citizens and differently abled will be given special priorities for ground floor housing.

Important Things to Know About Urban PMAY

  • Subsidy interest rate is provided at 6.5% on housing loan for the term of 15 years to all the beneficiaries.
  • Differently abled and senior citizens get preference in allocation of ground floors under this scheme.
  • Sustainable and eco-friendly technologies would be used for construction.
  • The scheme covers entire urban areas in the country which includes 4041 statutory towns with the first priority given to 500 Class I cities. This will be done in 3 phases.
  • The credit linked subsidy aspect of the PMAY scheme gets implemented in India in all statutory towns from the initial stages itself.

Urban PMAY EMI Calculation through Interest Rates and Subsidy

The EMI calculated will be significantly low under this scheme as the current home loan rate is 10.50% but will be reduced down to a whopping 6.5%, as mentioned earlier. Based on this interest rate the monthly installment payable for this loan, let’s say of Rs. 6 lakh for a term of 15 years would come to approximately Rs. 6,632. But the revised rates will allow a higher reduction which will reduce it to EMI of Rs. 4050 at 6.5%. So, people get to benefit a lowering of one-third of what they were paying earlier, which is Rs. 2000. There are 4 aspects of the subsidies:

  • An average Rs. 1 lakh Central Grant will be given to the PMAY scheme subscriber.
  • 50% subsidy will be given EWS & LIG through the credit linked subsidy scheme.
  • 50 lakh worth of Central Assistance is supposed to be given to each beneficiary for enhancing housing stock especially for urban poor, as long as 35% of dwelling units of these projects that have been proposed are considered for the EWS category.
  • Also, a sum of Rs. 1.5 lakh Central Assistance is supposed to be given to the urban poor who are eligible to build new homes or renovate existing homes.

Affordable Housing Scheme – An Acknowledgment to Your Dreams

Owning a house in Delhi and Haryana is a big deal these days. With highly priced apartments and bungalows that do have all the amenities and plush surroundings, but are way beyond the budget of a middle class family; the dream of having your own house seemed to be nearly impossible until the Government came up with a scheme of Affordable housing in Gurgaon. The Haryana Government in this scheme to provide luxury at an affordable pricing. The schemes are built in areas that are near to South Delhi and also connect to major commute areas. Most of these residential towers are constructed strategically keeping in mind the development of the vicinities.

Huda Affordable Housing Scheme Sohna Road Gurgaon

Sohna – South of Gurgaon, is urbanizing in every possible way that it should. It has the best residential plans and a complete township. The Scheme is governed by Haryana Govt. and the Draw if Allotment is done by them and this is not the project by Haryana Govt. as Hill View that gives you all the luxuries at a rate which one might wonder to be true in these times.  It includes shopping areas, parks. If you wish to spend some time gazing on the greenery, it does provide you with a lush green landscape.

Global Hill view has 2BHK flats that are priced under 21 Lakhs and comes with 0% maintenance for the first 5 years. The apartments are quite close to KMP expressway, Airport and Proposed Metro Station that eases out the commutation from the most visited locations. It is a great investment option, which compliments modernity blended with serenity.

Another such apartments situated in the vicinity of Hill View are ‘Global Heights’ that have 1BHK scheme with the same amenities just like the Hill View. The area is close to recognized universities like G.D Goenka, K.R Manglam and KIIT.

the most affordable schemes that are apt to invest into a property. People who are looking for fully furnished apartments can easily get help from Orion Realtors’ investment services. The expert team of professionals will guide you through your purchase options and advise you to invest in the most suitable plan for your family requirements. Furthermore, guidance on renting or leasing a property, documentation and property management is also provided to the customer, maintaining complete transparency in all the operations and dealings.

More so over, if you are a complete novice, the investment services will help you in explaining all the schemes and the plans that are available under affordable housing scheme and in understanding how one can grab the best deal.

Wondering if the schemes will suit your requirements? Don’t fret! Orion Realtors are there to make you realize your needs and act accordingly. The customer is certainly addressed to all the demands he/she puts forth as a necessity in establishing their dream home.

So, if you also want to buy a property in Gurgaon which comes under your budget and gives you an ultra-luxurious life that you had once dreamt to be true, you can now approach Orion Realtors for their loyalty, transparency and great property purchase and management plans.

There are myriad housing projects that under Haryana govt. Affordable housing scheme has come up with, amongst which Huda Housing Scheme is all ready to meet up your expectations of a luxurious life. The incessant hardwork brought a revolution in the Real Estate industry, by making it possible for middle class people to enjoy the upper class life.

Contact Haryana Govt. Affordable housing Proects to make your Dream come true!

Upcoming Affordable Housing Projects in Gurgaon

The purpose of the upcoming affordable projects is to tell people about the present market conditions along with the benefits available to them. These projects are essentially delivered within 4 years according to the payment plan spread respectively over 3.5 years Zero maintenance Charged by developer for 5 years post-delivery. Apart from that the benefits of people investing in the affordable housing project are 90 % of Home Loan Finance availability from all leading banks and basic conveniences like power back up, safeties, zero – service taxes, all-inclusive pricing models based on carpet area at Rs.4000/sq. ft.

The upcoming affordable housing projects in Gurgaon have total area of between five and ten acres. The licence fees and other such charges such as infrastructure development charges associated with the upcoming affordable housing project in Gurgaon are endured by the developers. The team working for the upcoming affordable housing projects in Gurgaon will allot the flats through a draw of lots.