Affordable housing in Haryana

Last Updated 20th Jul 2018

  • Fixed rates based on carpet area
  • Balcony charged at Rs. 500/-per sq. ft only
  • Payment plan distributed in 3.5 years
  • Final delivery of houses within 4 years
  • Only single two-wheeler parking per flat. No car parking
  • Zero maintenance charges for 5 years after delivery of project
  • All amenities like power back up, securities, open area, kids play area, lift/elevators, daily needs shop
Apply Home Loan @ 8.45%*
Rs.
Rs.
+91

This scheme is aimed to help the low and medium income population of our country. Through this, people are being offered a chance to buy a newly constructed house or apartment at significantly lower price than the market value.

Affordable housing in Gurgaon

Builder Project Location Launch date
Adani M2K Aangon AltonSector-88A-89A 2015-09-22
Apex Apex Our HomesSector-36A
Arete India Our Homes 3Sector-6, Sohna 2014-12-15
AVL AVL 36 GurgaonSector-36A
Baderwal Group Sunrays HeightsSector-63A 2014-12-04
Breeze Builders Global HeightsSector-33, Sohna 2016-07-07
Breeze Builders Global Hill ViewSector-11, Sohna
Conscient HabitatSector-99A
GLS Infratech GLS Aravali HomesSector-4, Phase-2, Sohna 2015-09-08
HCBS Promoters HCBS Sports VilleSector-35, Sohna Road 2014-11-02
Lotus Group Lotus HomzSector-111 2016-09-11
Maxworth Infrastructure Maxworth AashraySector-89 2017-05-20
MVN Infrastructures AthensSector-5, Sohna Road 2013-12-01
Ninex Group RMG ResidencySector-37C 2016-09-06
OSB Group Ocean Expressway TowerSector-109, Sohna 2016-07-18
Pareena Laxmi apartmentSector-99A 2015-03-18
Perfect Buildwell Zara AavaasSector-104
Pivotal Infrastructure DevaanSector-84 1905-07-05
Pivotal Infrastructure Riddhi SiddhiSector-99 2014-10-31
Pivotal Infrastructure Pivotal ParadiseSector-62 2016-06-17
Pyramid Infratech Urban homes 1Sector-86 2015-04-22
Raheja KrishnaSector-14, Sohna 2014-11-19
Ramsons Ramsons KshitijSector-95 2014-11-30
ROF Ramada Hotel Group ROF AnandaSector-95 2016-12-28
ROF Ramada Hotel Group ROF AllayasSector-102 2016-01-31
Shree Vardhman Green CourtSector-90
Signature SoleraSector-107 2016-11-30
Signature SyneraSector-81 2016-11-30
Signature The RoseliaSector-95A 2016-12-14
Signature The SerenasSector-36, Sohna 2016-12-13
Signature Orchard AvenueSector-93 2016-03-29
Signature GrandivaSector-103 2015-09-10
Signature Andour HeightsSector-71 2016-11-30
Suncity Projects Suncity AvenueSector-102 2015-11-21
Supertech BaseraSector-79 2014-10-31
Tulip Infratech LemonSector-69
Tulsiani Construction Tulsiani EasyhomesSector-35, Sohna 2015-10-01
Zara Group Zara AavaasSector-104, Dwarka Expressway

Affordable housing in Faridabad

Builder Project Location Launch date
SRS Group Dream HomeSector-84, Greater Faridabad 2014-07-01
Adore Happy Homes GrandSector-85
Agrasain Aagman SpacesSector-70
Amolik Amolik HeightsSector-88 2016-03-16
Auric City HomesSector-82
Conscient Habitat Conscient HabitatSector-78 2013-08-19
Trishul Dream HomesSector-84

Affordable housing in Karnal

Builder Project Location Launch date
Aegis Smart HomesSector-32A
Ras Developments Ras BaseraSector-16 2013-08-19
Santur Silver SpringsSector-35

Affordable housing in Panchkula

Builder Project Location Launch date
Shree Vardhman Green SpaceSector-14

Eligibility criteria for affordable housing

  • Applicant should be an Indian resident.
  • Applicant should be between 18 to 70 years of age.
  • Any individual who does not own any plot/house/apartment in any colony of HUDA area will be given first preference for buying home under this scheme.
  • Successful applicant under this policy is not eligible for allotment of any other flat in other colony. In case, he/she is successful in more than one colony, he/she will have to choose only one flat and all such applicants are required to submit an affidavit to this effect.

Allotment criteria and rates

  • The housing units will be allotted through draw of lots handled by the deputy commissioner of district in which project is located.
  • 5% of the total number of approved flats in the building plan will be allotted by a licensee to its employees, associates etc. The allotment procedure of such flats will also be completed along with the draw of flats of general category.
  • The possession will be offered within four years from the date of approval of building plan.

The allotment rates for the affordable housing scheme

Sr. No. Development plan Maximum allotment rate on per sq ft carpet area basis Additional recovery against balcony of min 5ft clear projection
AGurgaon, Faridabad, Panchkula, Pinjore-KalkaRs. 4,000/- per sq. ft.Rs. 500 per sq ft against all balcony area in a flat adding up to and limited to 100 sq ft, as permitted in the approved building plans.
BOther high and medium potential townsRs. 3,600/- per sq. ft.Rs. 500 per sq ft against all balcony area in a flat adding up to and limited to 100 sq ft, as permitted in the approved building plans.
CLow potential townsRs. 3,000/- per sq. ft.Rs. 500 per sq ft against all balcony area in a flat adding up to and limited to 100 sq ft, as permitted in the approved building plans.

Payment schedule

Time of payment Percentage of the total payable price
At the time of registration5% amount of the total price
After issue of allotment letter (within 15 days)20% amount of the total price
Within 6 months12.5% amount of the total price
Within 12 months12.5% amount of the total price
Within 18 months12.5% amount of the total price
Within 24 months12.5% amount of the total price
Within 30 months12.5% amount of the total price
Within 36 months12.5% amount of the total price

Waiting list and non successful applicants

  • Almost 25% of the total number of flats is kept for waiting list people.
  • If any applicant fails to obtain any of the required documents or fulfill any other requirement within a period of 15 days then his flat will be allotted to the waiting list candidates.
  • The waiting list is maintained for 2 years.
  • In case of surrender of flat by any successful applicant amount of Rs. 25,000 may be deducted by the colonizer.
  • If any waiting list applicant wants to withdraw then he can and his booking amount will be refunded within 30 days.
  • Amount of non successful candidates will be refunded back in 15 days.

Documents required

For Individual
  • PAN card copy
  • Photocopy of address proof
  • Photographs – 2
  • Duly signed application form
For NRI Applicant
  • Passport photocopy
  • Address proof
  • Photographs – 2
  • Duly signed application form
For Companies
  • Board of resolution
  • MOU
  • PAN card
  • Duly signed application form

Terms & Conditions

  • Payment to be done in the form of cheque or demand draft.
  • Stamp duty, legal expenses, registration charges and miscellaneous charges required to be paid by the applicant at time of registration of the sale deed.
  • The predefined size of the apartment is 28 sq. meter to 60 sq. meter and possession time is four years.
Home Loan News - Jul 2018
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