A detailed report on affordable housing in gurgaon, list of affordable housing projects in gurgaon approved under affordable Housing Policy 2013 of haryana goverment, benefit to customers of affordable housing scheme launched in gurgaon, comparison of huda flats vs dda flats and much more.

1. Presents
Report on
Affordable Housing in Gurgaon
Haryana

2. How affordable housing started in Haryana ?
• Affordable Housing Policy was cleared by the Haryana
cabinet on August 6 2013.
• Aim: To create mass availability of nearly 45000
dwelling units at “affordable rates” through private
builders over the next 5 years in Gurgaon and other
part of Haryana in Price of 12-22Lacs only.

3. Why the need of affordable housing in Gurgaon
• Significant demand but No supply for affordable homes in metro
cities of Haryana like Gurgaon, Faridabad etc.
• Gurgaon where a 2 BHK (carpet area size of 1200 sq. ft.) priced
between Rs 75 lakh and Rs 1 crore, the new policy will provide
people 300 sqft- 645 sqft house for as low as Rs 12 lakh - Rs 25
lakh through draw of lots.
• Curbing proliferation of illegal colonies. As per the survey 1,000
unauthorized colonies in state and about 82 are in Gurgaon.

4. Response to AH Scheme launched in GGN
• Haryana government had till now granted 25 license in its
Affordable Housing Policy in Gurgaon.
• Huge response from Gurgaon builders indicates that there’s a
huge demand for affordable houses in the city.
• Builders Like Supertech, Raheja Developers, Pareena, SMC
Global etc also forayed in affordable housing which clearly
indicates that big players also understand the need of affordable
housing in Gurgaon.

5. What Builder’s & Experts are saying on AH in GGN ?
• This is a good move by the Haryana government, which will
provide housing for all sections of society at affordable prices
said Navin Raheja, Chairman, Raheja Developers.
• Our project would specially help first-time homebuyers, who
are struggling to buy a property due to current price
escalations," said Supertech's Chairman & Managing Director
R K Arora.

6. Conditions for applying for AH in GGN
• The total area of an affordable project will be between 5 and 10
acres.
• It will have to be completed within 4 years.
• 2000 sq ft community hall will have to built.
• Fixed rate of Rs 4000 per sq.ft in Gurgaon and 3600 per sq.ft. in
sohna on carpet area.
• 95 % out of 100 would be allotted to the public through a lucky
draw. 5 per cent flats will be reserved for management quota.

7. Condition for customer’s applying for AH in GGN
• Applicant or his/her spouse, dependent children shouldn’t own any
flat/plot in any of the HUDA developed sectors, urban areas in
Haryana, UT of Chandigarh and NCT Delhi.
• An applicant can make only one application and a successful
applicant cannot be eligible for allotment of any other flat under
this policy. In case he is successful in any of the other colonies, he
would have to retain only one.

8. Benefits to Builders
• Exemption from license fee, infrastructure
development charges.
• Floor area ratio (FAR) of 225, instead of current 175.
• Higher ground coverage of 50% as against 35% in
other projects.

9. Benefits to Customers
• Price is Fixed By Govt. Of Haryana
• Allotment of Apartments by Draw conducted by Haryana Govt.
• No Maintenance Charges For 5 Years After Occupation.
• Deferred Payment Plan of 36 Months.
• Delivery - 4 Years - No Delays
• BANK FINANCE - Up to 75%
• Two Wheeler Parking – Free
• No Extra Charges ie: Parking/PLC /Club etc

10. HUDA houses 60% cheaper than DDA’s: Experts
DDA Flats
Price comparison
A DDA unit at the rate of Rs 6,000 to 7,000
sq ft in locations like Najafgarh, Narela or
Rohini can actually appear a costly affair if
we compare it with the Haryana
government's scheme in
adjoining NCR zones.
Resale of Property
In DDA flats, an allottee cannot sell his or
her unit before five years after possession.
Huda Flats
HUDA's scheme is offering housing units at
the rate of Rs 3,600-4,000 per sq ft in NCR
locations like Gurgaon, Sohna Road,
Sonipat, Faridabad and Palwal.
The HUDA flats can be resale one year after
the possession.
Source: Economictimes

11. Some cool stats about Gurgaon
• In 2011, GGN had population of 1,514,432. Urban - 68.82 %, Rural - 31.18 %.
• 73.96 % increase in 2011 when compare to 2001, increase of 44.15 percent
2001 compared to 1991. By 2021, it will go up to 30 lacs increase of 200 % .
• 9th best city to live in India, No.1 in terms of housing options, 6th in education,
9th in economic infrastructure. It falls in terms of safety at 32 and healthcare
at 29th position. (Source : Rediff 2010).
• 76% Gurgaon residents love to hand out in shopping malls & multiplexes. (ht)
• Gurgaon is center for more than 250 Fortune 500 companies.
• 75% preferred Gurgaon over delhi when it came to chilling out after work. (ht).

12. Top Affordable Housing Projects in Gurgaon
1. Supertech Basera Located in sector 79B,Gurgaon
2. HCBS Sports Ville located at Sohna Road Gurgaon.
3. Pyramid Urban Homes Located in Sector 70A, Sohna Road
4. For more Affordable Housing Projects in Gurgaon/sohna just
click this link:
http://www.affordablehomesindia.com/listing/grid/gurgaon

13. General Terms Used
• AH – Affordable Homes or Affordable Housing
• AHP - Affordable Housing Policy
• AHS - Affordable Housing scheme
• GGN - Gurgaon
• EDC - External development charges
• IDC - Internal development charges
• PLC – Preferred Location charges

14. Still Any Doubt/Query ?
Just call: 9212505000
affordablehomesindia.com
Mission: "To help Indian families
buy their dream home at most
affordable price"