Huda Affordable Housing Policy

by Huda Affordable REAL ESTATE

Government notify a Policy known as the ‘Affordable Housing Policy 2013′. This policy is made to encourage housing Projects where in apartments of predefined size are made available at predefined rates within a targeted time frame to deserving beneficiaries in urban housing market. Any project for which licence is granted under the present policy cannot be converted into a normal group housing colony under any situation and irrespective of whether or not it falls within the 20% residential sector area limit prescribed for group housing projects. Sale of apartments under this Project will be on Carpet Area basis. It means people have to pay for area only for which they actually use.
Grant of License:
As per affordable housing policy, the projects would be allowed in residential zones of notified development plans of various towns and cities. The license for such housing projects would be given on a first come first serve basis.For

Government notify a Policy known as the ‘Affordable Housing Policy 2013′. Our company made to encourage Affordable Housing in Gurgaon where apartments of predefined size are made available at predefined rates within a targeted time frame to deserving beneficiaries in urban housing market. Any project for which licence is granted under the present policy cannot be converted into a normal group housing colony under any situation and irrespective of whether or not it falls within the 20% residential sector area limit prescribed for group housing projects. Sale of apartments under this Project will be on Carpet Area basis. It means people have to pay for area only for which they actually use.

On 19th August 2013, the Governor of Haryana notified a comprehensive Affordable Housing Policy 2013 under the provisions of Section 9A of the Haryana Development and Regulation of Urban Areas Act, 1975 and any other corresponding statute governing development of group housing colonies on the subject. Affordable Housing in Gurgaon projects have put the value back in the market. Gurgaon Affordable housing projects have given Supply the perfect pretext to sell without diluting their stand.Gurgaon affordable housing is a sure shot success, thanks to the interest shown by genuine end buyers. Many who never thought they could buy a home in Gurgaon have participated wholeheartedly.The implicit sponsorship by the Government of Haryana has really helped the cause and people are taking full advantage of Affordable Housing in Gurgaon.