GURGAON: Low-cost housing in Gurgaon might sound incongruous, granted the sky-high charges of apartments but the Haryana government has baby-stepped in the direction of the notion by commencing a new affordable lodgings policy recently.
A older state government authorized said that builders would be allowed to take up tasks individually under the inexpensive housing design. "The developers can now design affordable housing tasks for which a distinct permit will have to be handed out. The dwellings assembled under the design will be traded at the rate decided under the scheme," said the authorized.
founded on the classes, the state government has fixed maximum allotment rates. For example in Gurgaon and Faridabad, the apartments constructed under the design will be sold at Rs 4,000 per square foot. This means the tentative price of a one BHK flat would over Rs 20 lakh.
Commenting on the latest design, Navin Raheja, leader of National genuine land parcel Development assembly, said: "The inexpensive lodgings solution is the need of the hour and the state government's move is in the right direction."
bypassing much fanfare, the state government had broadcast the new principle specifically catering to low-income assembly purchasers in different districts and towns. According to the policy, the scheme wrappings three distinct categories of the development designs split up in two high and medium promise locations, villages and reduced promise villages in different localities.
As per the new principle, the state government has set price tags (over Rs 3,000 per rectangle foot) for the houses assembled under the new scheme. Hailing the move, genuine estate insiders asserted that inexpensive lodgings projects should be boosted and even made compulsory.
"The design noise good but except there is stricter supervising of the design at the ground level, it would be unsuccessful as an EWS scheme," said a real land parcel analyst. commerce insiders furthermore foresee lukewarm response from the builders to the new scheme. "The land cost has gone up so much that construction little apartments is unprofitable. The builders will not be much interested if the procedural fees are alike to those of normal lodgings projects," said another genuine estate analyst.
In alignment to woo greatest number of builders, the state government has determined to exempt them from licence allegations and infrastructure development allegations (IDC). The tasks undertaken in the new scheme by the builder would also be given additional floor locality ratio (FAR).
A older state government authorized said that builders would be allowed to take up tasks individually under the inexpensive housing design. "The developers can now design affordable housing tasks for which a distinct permit will have to be handed out. The dwellings assembled under the design will be traded at the rate decided under the scheme," said the authorized.
founded on the classes, the state government has fixed maximum allotment rates. For example in Gurgaon and Faridabad, the apartments constructed under the design will be sold at Rs 4,000 per square foot. This means the tentative price of a one BHK flat would over Rs 20 lakh.
Commenting on the latest design, Navin Raheja, leader of National genuine land parcel Development assembly, said: "The inexpensive lodgings solution is the need of the hour and the state government's move is in the right direction."
bypassing much fanfare, the state government had broadcast the new principle specifically catering to low-income assembly purchasers in different districts and towns. According to the policy, the scheme wrappings three distinct categories of the development designs split up in two high and medium promise locations, villages and reduced promise villages in different localities.
As per the new principle, the state government has set price tags (over Rs 3,000 per rectangle foot) for the houses assembled under the new scheme. Hailing the move, genuine estate insiders asserted that inexpensive lodgings projects should be boosted and even made compulsory.
"The design noise good but except there is stricter supervising of the design at the ground level, it would be unsuccessful as an EWS scheme," said a real land parcel analyst. commerce insiders furthermore foresee lukewarm response from the builders to the new scheme. "The land cost has gone up so much that construction little apartments is unprofitable. The builders will not be much interested if the procedural fees are alike to those of normal lodgings projects," said another genuine estate analyst.
In alignment to woo greatest number of builders, the state government has determined to exempt them from licence allegations and infrastructure development allegations (IDC). The tasks undertaken in the new scheme by the builder would also be given additional floor locality ratio (FAR).
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