Latest Answer: Hi,
Affordable housing refers to housing units that are affordable by that section of society whose income is below the median household income. Affordable housing becomes a key issue especially in developing nations where a majority of the population isn't able to buy houses at the market price. Disposable income of the people remains the primary factor in determining the affordability.
Latest Answer: Records also showing that many development authorities were given a target varying between 250 to 5 hectares of land abd except for Ghaziabad which acquired 7.78 hectares Allahabad - 0.06 hectares, Faizabad -1.45 hectares, Hapur-Pilkhua - 0.66 hectares and Orai - 1.37 hectares none of the other DAs could get a dot of land.
Q:Dear Sir,Mahendra Developers Shantima project took bookings in November 2014, and even after such long wait, even now there is no confirmation on draw dates. What to do? Builder keeps giving meaningless excuses for delays & wants harshly written documents for refund, after waiting for over 9-10 months i don't know what to do? habitat too started bookings in november 14 & finally draw is announced for 12th August. Is this all not unfair to small investor? Even guiding estate brokers claim, they had no transparency & info You must raise this grave issue & provide solution, PLS..
Latest Answer: I just had word with Mr. Mahendra Yadav promoter of the project. He is saying same repeatedly that it will be done in next couple of months. When asked for refund he is saying that take it but witout interest. Has anyone of you taken the refund and ahs got the interest as well. Let' s meet and take an action together. My contact is 9871535238
Latest Answer: Hi Pranab ,
As per my knowledge , emerging and affordable real estate corridors-Bopal, Gota, New Ranip, Motera, Chandkheda and the likes are already attracting a beeline of projects, buyers and investors due to the planned infrastructure and speedy connectivity in these locations. Many large developers, who concentrated on mid-to-high segment, were seen playing the volume game and entering into affordable segment in the suburbs.
Latest Answer: Mr Ravindra,
As per different sources, the recent JDA survey of 30 such projects says majority of developers failed to implement the policy. Before the amendment it was mandatory for the builders to leave provision for houses of these categories in the main project. Recently, a committee was constituted to inspect and prepare factual ground report whether developers have adhered to the provisions of township policy, 2010 and provided houses to poor people.
Latest Answer: Hi ,
GDA's Housing Scheme is good, it fails to impress on some points. The scheme is for flats that are still not ready and will take another 3-4 years before they are ready for possession. Secondly, as far as pricing is concerned, a 2BHK unit is offered at an estimated cost of Rs 52.79 lakh which is almost at par with what private developers are asking for a ready-for-possession flat or one that would be ready in the next three to six months .
Latest Answer: Hi Pramela,
On November 21St 2014, Supertech has launched Basera, an affordable housing project ,providing affordable housing across cities in Haryana. What is the meaning of affordable? Affordable housing is that where 30 % of monthly income of a citizen in a place that is connected by Infrastructure.
Latest Answer: Hi Himangi,
I came to know from news that both housing schemes are suitable for people. People actually preferring both schemes. But major thing is both schemes have some advantages & disadvantages . The concept of housing scheme is aim to provide houses to those EWS or LIG category people. So according to me , this scheme is bringing some major changes in India Real Estate.