How beneficial will be this project?

Q: I want to know about the success of this project and how much beneficial will be this project for buyers.

Jitu, Delhi

10th April 2016

Investment Advice in Gurgaon

suncity avenue 102

affordable housing gurgaon

huda govt affordable housing scheme

suncity group

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Replies (4)

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Raj Pal Yadav, Delhi

20th April 2018

Comment

This would be a good project but I would like to catch your attention on fully new launched projects like Vatika turning point and Godrej nature plus. These premium housing projects are good to invest and reside.

Raj Pal Yadav, Delhi

20th April 2018

Comment

Hi Jitu,
If you are a first time buyer and want to buy flats under this scheme then i would like to share some information with you. As per the notification by the Haryana Govt., The applications are invited for general public for booking of Residential Apartments in the Affordable Housing Project proposed to be developed as per terms and conditions of the policy prescribed by the Town & Country Planning Department, Government of Haryana vide notification no PF-27/48921 dated 19 August 2013. This policy is made to encourage housing projects where in apartments of predefined size are made available at predefined rates within a definite time frame to deserving beneficiaries in urban housing market.

Naveen, Gurgaon

11th April 2016

Comment

Yes, and 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.

Sufia, Delhi

11th April 2016

Hello Sufia,
Do you know about the flat rates? What about allotment of flat and eligibility criteria? I came to know that project will be handled by the Deputy Commissioner of the district in which the unit is located? What is your view on it?

Rahul Kumar, Delhi

11th April 2016

Well Rahul,
The allotment rate would be Rs. 4000/sq-ft.of the carpet area in the development plans of Gurgaon, Faridabad Panchkula, and Pinjore-Kalka, Rs.3600/sq-ft. in the development plans fof other high and medium potential towns.

Yes, the affordable housing projects will be handled by the Deputy Commissioner of the district in which the unit is located. According to the new affordable housing policy of Haryana, anyone who doesn't own a plot or a house or a flat in any colony of Haryana Urban Development Authority (HUDA), any licenced colony of Chandigarh or the NCR, is considered to be eligible for the scheme.

Sufia, Delhi

11th April 2016

Hi Jitu,
If you are really interested in this project then i would suggest that you should visit the project site, see the construction status, meet the multiple buyers of this project, check the construction quality, check the nearby basic facilities, connectivity and transport facilities in the localities and then proceed. I think nobody can judge the current situation better than you. After all you are going to invest your hard earned money.

Sufia, Delhi

11th April 2016

Comment

Second and most important, you should visit the developers office ask for the legal approvals, verify those papers with the local authorities, ask in the neighborhood about the project. if there is anything wrong with the project or any legal issue, they will must tell you. Better, if you take the advice of a legal expert for a safe buying.

Rahul Kumar, Delhi

11th April 2016