Affordable Housing in Gurgaon- Myth or Reality?

‘Affordable Housing’ has become the latest mantra; there has been a flooding of affordable housing projects in Gurgaon since 2014. Haryana government issued 23 licenses to builders to build  affordable luxury homes under its affordable housing scheme in 2013. Some builders started the projects in 2014 and many in 2015. It is a boon for the Aam Aadmi or the middle income group. Property prices were at a one time high and for the middle and lower income group owning a home was just a dream, but now with affordable housing one can think and plan to buy a house.

Affordable Housing in Gurgaon- Myth or Reality

Affordable Housing in Gurgaon- Myth or Reality

These projects are approved by the Town and Country Planning Department of Haryana, a planning body operating for the Haryana government. So buyers need not worry anymore he can check the authenticity of a project on the official website TCP of the government and also get all the information online. The government has also fixed the price range beyond which a developer cannot sell the house. It was fixed at 4000rs/sq ft, you cannot sell beyond the fixed rate. Houses are available in the form of 1BHK or 2BHK. [Read more…]