Upcoming Housing Projects in Gurgaon

Under the reasonable lodging plan propelled by the Haryana Government (Huda Housing Scheme), many affordable housing schemes are offered to you if you are looking for moderate housing ventures. Also, there are many upcoming affordable projects that tell people about the present market conditions along with the benefits available to them. These upcoming projects Global Hill View are delivered in the four years according to the payment plan spread respectively over 3.5 years. Moreover, 0 percent maintenance is to be charged by the developer by the developer for the first 5 years.

Besides this, people investing in these affordable housing projects avail many more benefits.  For example, they get 90 percent of Home Loan from all the leading banks. On top of it India Bulls is also offering a home loan under Subvention Scheme on this project, i.e. Pay only 5% plus taxes and Balance on offer of possession, enabling the customers to remain Tension free from the simultaneous burden of EMI’s and rent together. Affordable housing projects also offers basic conveniences such as power back up, safeties, , all-inclusive pricing models based on the carpet area at the rate of Rs. 4000/Rs. 3600per square feet.

The upcoming affordable housing projects in Gurgaon cover the total area of around five to ten acres. The other charges such as the license fees, infrastructural development charges associated with these upcoming affordable housing projects are endured by the developers. The flats are allotted through a draw of lots by the team that is working on the upcoming affordable housing projects in Gurgaon.

Source by : http://www.globalhillview.com/blog/upcoming-housing-projects-in-gurgaon/

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.

Huda Housing Scheme Gurgaon

Consistent action of Haryana Government, specialist and developers has resulted in the revolution of the organization in Gurgaon, Faridabad and different cities of the state. Private manufacturers have enhanced the real estate framework in various regions of Delhi NCR involving Gurgaon, Faridabad, Noida and Greater Noida; then again the Haryana Government has likewise propelled moderate affordable housing projects gurgaon in extraordinary areas which are near South Delhi and Dwarka Expressway Gurgaon. Haryana Governments Affordable Scheme, Huda housing scheme gurgaon, Affordable Housing Dwarka Expressway and One BHK reasonable lodging in Gurgaon are a portion of the plans which can be the best alternatives for those individuals searching for moderate housing venture.

At Affordable housing Scheme, we take extraordinary care to influence the property to manage Haryana Governments Affordable Schemes, a tranquil issue with put stock in, unwaveringness and straightforwardness. We comprehend that purchasing a property in Gurgaon/Delhi NCR is a major assignment for a large portion of the general population, and this needs extraordinary information about the territory and ventures to meet the purchasers’ prerequisite appropriately. We expect to enable them to comprehend the arrangement and purchase their property considering different angles. Furthermore, this trust assembles an everlasting relationship.

Regardless of whether you are searching for your fantasy home under the reasonable lodging plan propelled by the Haryana Government (Huda Housing Scheme) or you require extravagance home, manor, outfitted lofts or plots, we will end up being the colossal offer assistance. As a dependable land organization, we offer solid administrations to help you in property administration, Property Sale buy, leasing and renting, documentation, and so forth. When you think to contribute your well deserved cash, we concoct our venture administrations to make your property speculation effective guaranteeing the best return of Investment.

In spite of the fact that we enable you to bargain in each sort of property in Gurgaon or South of Gurgaon, yet our unique group of the experts is concentrating on making your fantasy of Huda reasonable lodging ventures Gurgaon come to live. Breez Global Hill view Projects Sohna Road Gurgaon, Global Heights Gurgaon Affordable housing Sohna Road, Apex Our Homes Sector 37C Gurgaon and OSB Expressway Towers at Dwarka Expressway Gurgaon and are a portion of the moderate lodging ventures in Gurgaon where we can enable you to purchase 1BHK and 2BHK pads at reasonable cost in Gurgaon Haryana…..

The Challenges and Opportunities of Affordable Housing in India

As other developing economies, India is also touching the boundaries of urbanisation and the pace of it is quite evident with the increase in percentage of urban population in recent past. As per Indian census, in 2011, 31% of Indian population contributed to urban population. According to estimates, around 600 million people are expected to make urban India their home by 2031, a whopping 59% growth over 2011. And to match this growth, the infrastructure of our country also needs to be developed. In India, home ownership is a dream for most of the “emerging middle class group”, “economically weaker sections” and “lower income groups”. They face various challenges when they think of buying any property.

  • The distance between the house and connecting areas makes a big difference on buying decisions of prospective buyers. The lack of land available in urban area makes the task of builders very difficult, this in turn poses a challenge to potential “affordable housing” customer of the connectivity with his work areas in the cities. This can be overcome if there is a rapid transit system of transportation available in the area.
  • The knowledge of various documents which needs to be provided to avail home loan facilities, still lack in various sections of society. This makes the task difficult for them to avail the loan facilities. Various financial institutions of our country should step forward and provide financial literacy to each section of society so that they don’t be deprived of their rights.
  • Many sections of society still do not know about such affordable housing schemes. The companies undertaking such projects should come forward and run various programs to educate these sections.
  • The rising cost of constructions and various taxes levied upon the customers makes the buyers take a backseat. Government should step in and make various committees to rule out the unnecessary taxes and turn this into single window clearances which will make this scheme accessible to all the needy ones.

Going forward, Government and builders jointly can bring harmony to the lives LIG’s and EWS of the society. The construction pace of such projects should also be looked upon without compromising the quality. Various taxes on construction material can be exempted which will in turn reduce the cost of ownership. New age technology can be incorporated for faster completion of the projects and granting possessions. Also, the local byelaws regarding parking etc should also be fine-tuned. The urban infrastructure should also be developed in relation to affordable housing projects so that the increasing demand of urbanisation can be met with the infrastructure of city.

In a country like India where a bus driver owns a latest technology mobile phone, but lacks the ownership of his house, affordable housing scheme might bring a great change. It will serve as a ray of hope for those who really want to fulfill the dream of having their house.

For More Visit Website: http://www.affordablehousingprojectsgurgaon.com/

The Guide to investing in a dream home

Buying a dream home for the first time can be wondrous and maddening at the same time. The task is sometimes so daunting that many individuals just continue to stay at a rented place. In today’s date obtaining and owning a home is not just a need but also brings home a sense of pride, achievement, freedom and security. This is one of the most ponderous steps one can take in life and for most of us it involves the biggest investment decisions. Most of the issues can be taken care of by doing a little homework. Let’s discuss some steps to make this process more unruffled.

Location – Proximity and convenience to travel to places of work, school, local markets, shopping centers, hospitals and others should be taken into consideration while making the choice. It should be kept in mind that the locale should be easily accessible by road and metro routes.

Size and type of residences – You could choose from buying an apartment, duplex, villa, penthouse, bungalow, studio apartment and also decide on the size of the home depending on the essentials needed.

Neighboring areas – This is a significant factor because your neighbouring areas will directly impact your living conditions. Always choose a locality that promises safety, pleasant background and serenity.

Price –  A factor that requires many calculations to be done as you will need to gauge what are the maximum investment that you can afford and if you require a home loan to get your dream home.

Real Estate Agents – Once you have done a good research on the above factors you can approach a verified and trusted real estate advisor who can help you locate the best homes that fit your needs and budget. Real estate dealers have got all the expertise that is required for home buying as they have meticulous knowledge about the market and can help you from the pitfalls.

affordablehousingprojectsgurgaon.com

Affordable Housing- A New Game Changer

In a country where having a home is considered to be the most essential thing, affordable housing schemes have taken the pledge to fulfil everyone’s dream. The Indian economy is regulated by many factors and now affordable housing has added its name to those lists of factors. The impact of these schemes is coming up very positive and real estate sector once flagged is now picking up steadily. The softening of interest rates which were stable from quite some time, has also lead to the growth of the affordable housing scheme.

This scheme is flourishing and will soon be the game changer for the real estate sector. With over 30% growth rate predictions, this sector will soon be the talk of the town. Affordable housing scheme is selling like hot-cakes and seems to fulfill a dream of owning house of every common man.

According to Knight Frank India, a real estate consultancy, there has already been a significant surge in affordable housing projects across eight major cities. Homes priced below Rs 50 lakh accounted for about 71% of the total launches between January and June 2017, a significant 52% increase from the corresponding period in 2016.

After demonetization, real sector dealt with a severe blow but affordable housing scheme has generated a new source of revenue. It had encouraged the developers and builders confidence in taking up various new projects and investing their efforts.

No doubt that Government is fully supporting this scheme, but also investors having full faith in this scheme. A major factor for its phenomenal growth is the keen interest taken by Modi Government in the housing programs run by them. This year’s budget also boosted the confidence of this sector. Policies like RERA (Real Estate Regulatory Authority) have infused full confidence among buyers and they are getting more decisive in terms of home buying.

The availability of cheap home loans in market is also encouraging the buyers to go ahead with their decisions for affordable housing. The home loan market in India consists of 76 lenders. These include state-run banks, private banks, and housing finance companies (HFCs). All these are trying to woo customers. Out of all these HFCs are ruling their way out. According to an India Ratings and Research report, affordable housing finance is set to be an Rs 6 trillion market by 2022. The research agency has also predicted a whopping demand for 25 million homes in the medium-income group (MIG) and lower-income group (LIG) categories over the next five years.

With all these factors driving the affordable housing schemes to be successful, surely it’s going to be a game-changer for the real estate industry in the near future. Government policies and support to provide housing for all by 2020 seems to be taking shape and coming along positively.

Source By : http://www.prfree.org/news-affordable-housing-a-new-game-changer-432820.html