Owning a home in a city like Gurgaon may sound like a far-fetched dream. But with “Affordable Housing Policy 2013” it can be a reality to both middle and low-income segment. The aim of this scheme is to make real estate inclusive for every person in the city.

According to the policy, all buyers in affordable housing shall get 5-year free maintenance post possession from developer’s side.

Most of these apartments also have a 50-100 sq ft balcony for which usually the cost is Rs. 25000-40000 extra. The carpet area of these new housing projects will range from 28 to 60 sq mt (300-650 sq ft) and the price is fixed at Rs 4,000 per sq ft. for Gurgaon and Panchkula.

Allotment of houses is through transparent draw system managed by government officials of India. One person can get only one affordable house in India.The charging of possession interest in the case of Group Housing Scheme floated by HUDA/land allotted to various societies under the Group Housing Scheme has been the engaging attention of the Authority from time to time.

In any residential sector, not more than 5% of the net planned area under residential zone can be allowed for projects under this policy.The carpet area of the apartments shall range from 28sqm to 60sqm in size. The minimum and maximum area for such projects shall be 5 acres and 10 acres respectively irrespective of the Development Plan where such project is proposed.Theparking space shall be provided at the rate of half Equivalent Car Space (ECS) for each dwelling unit.

Are you interested in booking your 2 BHK Flat under Affordable Housing Policy 2013 ?

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