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admin September 25, 2017 Gurgaon Real estate updates no responses

1/2/3 BHK Low Budget Housing Flats in Gurgaon Delhi/ NCR

low budget flats, low budget flats delhi, low budget flats gurgaon, low budget flats in delhi, low budget flats in delhi ncr, low budget flats in gurgaon, low budget apartments in gurgaon, low budget house in gurgaon, low budget housing...

Find low budget flats / apartments in Gurgaon within your budget under Haryana HUDA affordable housing policy Scheme where you will get 1BHK, 2BHK, 3BHK.

3BHK* @ 26 to 27 Lac, 2BHK @ 18 to 25 Lac* ONLY and 1BHK @ 12.5- 16 Lac * ONLY (all inclusive) in Gurgaon and Sohna, Low Cost housing flats and property.

Please put Your Query. we would like to hear from you





 

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admin June 4, 2017 Gurgaon Real estate updates no responses

HUDA Name Change to HSVP Haryana Shehri Vikas Pradhikaran

HUDA Name Change to HSVP Haryana Shehri Vikas Pradhikaran, huda haryana, huda haryana latest news, huda haryana new name, huda haryana website, huda haryana.com, hsvp, hsvp haryana, hsvp huda, hsvp meaning,

HUDA Name Change to HSVP Haryana Shehri Vikas Pradhikaran

HUDA renamed due to its resemblance with former Haryana CM Hooda

Sanjeev Verma | TNN | Jun 1, 2017, 09.33 PM IST

Former Haryana CM Bhupinder Singh Hooda
Former Haryana CM Bhupinder Singh Hooda
CHANDIGARH: The Haryana BJP government on Thursday renamed the Haryana Urban Development Authority (HUDA) to Haryana Shehri Vikas Pradhikaran (HSVP) because the acronym HUDA sounded similar to the last name of former chief minister of the state Bhupinder Singh Hooda.
The decision to change the name was taken during a cabinet meeting held under the chairmanship of chief minister Manohar Lal Khattar. The chief minister himself is the chairman of HUDA.
Health minister Anil Vij said that when anyone used to pronounce HUDA, it felt like they were referring to the former chief minister. Hence, they took the decision to change it to Haryana Shehri Vikas Pradhikaran, which is the Hindi translation of Haryana Urban Development Authority.
“It was creating confusion. When someone mentions Hooda is being jailed, people think of Pradhikaran (authority),” reasoned Vij.
Minister of state for social justice and empowerment Krishan Kumar Bedi also confirmed that the cabinet has decided to rename HUDA to HSVP.
When contacted, former chief minister Hooda termed the BJP government’s decision as ridiculous.
“This is a Badla, Badli sarkar. They will keep changing names of villages, cities and now even authorities. You can imagine their intentions,” Hooda said.

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admin February 16, 2017 Gurgaon Real estate updates no responses

Affordable Housing Policy 2013 by Haryana Government

Affordable Housing Policy 2013 by Haryana Government, scheme terms and conditions, download HUDA policy pdf, www. TCP website, year 2014, 2015, 2016, 2017

Affordable Housing Policy 2013 by Haryana Government- Download Here

Updated List of Licence issued by HUDA / DTCP  

HARYANA Government notify a Policy known as the ‘Affordable Housing Policy 2013′. This policy is made to encourage housing Projects where in apartments of predefined size are made available at predefined rates within a targeted time frame to deserving beneficiaries in urban housing market. Any project for which licence is granted under the present policy cannot be converted into a normal group housing colony under any situation and irrespective of whether or not it falls within the 20% residential sector area limit prescribed for group housing projects. Sale of apartments under this Project will be on Carpet Area basis. It means people have to pay for area only for which they actually use.
Grant of License:
As per affordable housing policy, the projects would be allowed in residential zones of notified development plans of various towns and cities. The license for such housing projects would be given on a first come first serve basis.
Developers will get Incentives:
 The affordable housing policy looks to make use of the private sector’s capital investment for the development of affordable homes. The policy envisages to provide incentives to the private developers which includes-
1. Exemption from licence fees and infrastructure development charges
2. Higher floor area ratio (FAR) of upto 225 against 175 which is usually permitted in group housing projects
3. Higher ground coverage to the tune of 50 percent against 35 percent that is normally allowed.
Zoning Requirements:
The maximum area for which such projects can be allowed in a development plan included 300 acres for Gurgaon, Faridabad, Panchkula, Panchkula Extension and Pinjore-Kalka, 150 acres for Sonipat, Panipat, Karnal, Dharuhera, Bahadurgarh and Sohna and 75 acres for the rest of the development plans.  In any residential sector not more than five per cent of the net planned area under residential zone can be allowed for projects under this policy.
However, if a residential sector has an area of less than 100 acres, one such project would be allowed on five acres. Further, in order to ensure that such projects are well distributed over the development plan area, the maximum net planned area that can be permitted under this policy in any residential sector would be restricted to 10 acres.
Rate of Flat :
The maximum allotment rate for the apartment units approved under affordable housing policy would be Rs 4,000 per sq ft of carpet area in the development plans of Gurgaon, Fairdabad, Panchkula and Pinjore-Kalka, Rs 3,600 per sq ft in the development plans of other high and medium potential towns and Rs 3,000 per sq ft in the remaining low potential towns.
Allotment of Flat and Eligibility Criteria:
The affordable housing units will be allotted through draw of lots which will be handled by the Deputy Commissioner of the district in which the unit is located. According to the new affordable housing policy of Haryana, anyone who doesn’t own a plot or a house or a flat in any colony of Haryana Urban Development Authority (HUDA), any licenced colony of Chandigarh or the NCR, is considered to be eligible for the scheme.
Time Period for completion of project:
 All affordable housing projects would be required to be necessarily completed within four years from the approval of building plans or grant of environmental clearance, whichever is later. This date would be referred to as the date of commencement of the project and licences would not be renewed beyond four years period from the date of commencement of the project.
Apartment Area:
Under the Policy, the size of apartments to be constructed will be in the range of 28sqm to 60 sqm carpet area. The carpet area would be the net usable covered floor area bound within the walls of the apartment but excluding the area covered by the walls and any balcony which is approved free-of-FAR, but including the area forming part of kitchen, toilet, bathroom, store and built-in cupboard, almirah, shelf, which being usable covered area would form part of the carpet area.
No separate EWS category apartments would be provided to eliminate any cross subsidy component and thus to avoid any adverse impact on the affordability of apartments made available under this policy.
Parking Space:
The parking space would be provided at the rate of half equivalent car space for each dwelling unit. Only one two-wheeler parking site would be earmarked for each flat, which would be allotted only to the flat-owners. The parking bay of two-wheelers would be 0.8m x 2.5m unless otherwise specified in the zoning plan. No car parking would be allotted to any apartment owner in such projects. The balance available parking space, if any, beyond the allocated two-wheeler parking sites.
Check on Builders:
As a matter of security against any possible delinquencies in completion of the project, the coloniser would be required to furnish bank guarantee against the total realisation from the project at the rate of 15 per cent for areas falling in the Development Plans of Gurgaon, Faridabad, Panchkula, Panchkula Extension and Pinjore-Kalka and at the rate of 10 per cent for rest of the towns.
Maintenance service post delivery of project:
As per affordable housing policy the developer will have to maintain the project free of cost for five years, after which a resident association takes over. It is a serious issue with affordable projects that needs to be defined in a better way to get a clear solution.
Conclusion:
A great step in the right direction. The affordable housing policy is intended to encourage planning and completion of Group Housing Projects wherein apartments of pre-defined sizes are made available at pre-defined rates within a targeted time frame to ensure increased supply of affordable housing in the urban housing market.
The policy strikes a fine balance, on one hand it gives incentives to builders and at the same time has put in proper checks to ensure timely delivery of projects.
If implemented in spirit the affordable housing policy will benefit lower and lower-middle class population of approximately six lakhs in the urban centres of Haryana in the next five years period.





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admin February 13, 2017 Gurgaon Real estate updates no responses

READY TO MOVE affordable Price homes Gurgaon & Sohna

READY TO MOVE affordable Price homes Gurgaon & Sohna. Payment Plan & possession time for all HUDA Affordable Housing projects are four years. All society will be delivered within 4 years.

READY TO MOVE affordable Price homes Gurgaon & Sohna

Payment Plan and possession time for all HUDA Affordable Housing projects are four years.

All society will be delivered  within 4 years.

First projects in this policy will be deliver 2018 end or 2019 starting.

so for ready to move option you have to wait till that time.

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admin February 11, 2017 Gurgaon Real estate updates no responses

The Pradhan Mantri Awas Yojana (PMAY) in GURGAON Haryana

The Pradhan Mantri Awas Yojana (PMAY) in GURGAON Haryana, PM modi sachems flats,pradhan mantri awas yojana in hindi, pradhan mantri awas yojana booking form, pradhan mantri awas yojana gurgaon, pradhan mantri awas yojana form, pradhan mantri awas yojana online form,...

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The Pradhan Mantri Awas Yojana (PMAY) in GURGAON Haryana Get interest subsidy of about Rs. 2.60 lakh on home loans under Pradhan Mantri (PM) Awas Yojana (Urban) for middle income groups (MIG). The Pradhan Mantri Awas Yojana (PMAY) in GURGAON haryana- Support HUDA Affordable Housing Policy Flats. The Customer Can Get Subsidy as given below, if he/she eligible –

Current ongoing affordable housing projects Gurgaon SohnaCurrent ongoing PMAY projects in Gurgaon & Sohna Haryana





PM Narendra Modi announces new Housing Schemes with rebates/discounts on Home Loan interest rates under Pradhan Mantri Awas Yojana (PMAY). Two new middle income categories have been created under the Pradhan Mantri Awaas Yojana in urban areas.  Home loans of up to 9 lakhs, will get a 4% interest benefit. For home loans of up to 12 lakhs, an interest rate waiver of 3% will be provided. In villages, those wanting to build or expand their homes will get loans of up to 2 lakh, with a 3% interest relief.

Pradhan Mantri Awas Yojna (PMAY) renamed from Housing for all by 2022 scheme has been launched by the government. The PM Awas Yojna aims to provide affordable homes to about 20 million families within next 7 years i.e. from 2015 to 2022. EWS and LIG categories of the urban society will be the main beneficiaries of the scheme.

Below are the quick links to access the detailed information about PM Awas Yojna 2015 housing scheme such as subsidy information, loan facility, facilities of the housing projects, application forms and procedure and much more.

Eligibility for the Pradhan Mantri Awas Yojana (Urban)

The following demographics are eligible for the scheme:

  1. Indian citizens who are women may apply. No other demographic will be considered as long as they are women.
  2. People who belong to the low income group i.e. LIG and economically weaker sections also known as EWG in the society, may also apply. EWS households with an annual income up to Rs. 3 Lakh, LIG households with an annual income between Rs. 3 Lakh to Rs. 6 Lakh
  3. Scheduled tribes and castes will also be eligible.
  4. Senior citizens and differently abled will be given special priorities for ground floor housing.

Pradhan Mantri Awas Yojana or Housing for all by 2022 Scheme –

Download PDF – Pradhan Mantri Awas Yojana PDF

Objectives of the PMAY Scheme:

Based on recent estimates, as of September 2016, the population of the urban dwellers in India increased at an alarming rate and is expected to see a greater rate of growth in the following years. It is said that by 2050, urban dwelling population will rise to 814 million people. The calculation predicted is almost twice the number that already reside in urban areas. The major challenges also include providing people with housing options that are affordable and other major related concerns such as sanitation along with sustainable development. The Ministry also has to ensure a sustainable and safe environment for the urban population.

  1. The main objective of the Pradhan Mantri Awas Yojana is housing that is affordable for all by the year 2022.
  2. It also intends to make it accessible to demographics that are specific such as economically challenged groups, women along people belonging to minorities such as Scheduled Castes and Scheduled Tribes.
  3. The Government’s other goal is directly in association with some of the most ignored demographics which include widows, lower income group members, transgender and henceforth provide them with sustainable and affordable housing scheme.
  4. Special preferences for ground floor properties will be given to differently abled and senior citizens if required.
  5. Registration is mandatory to avail the benefits of this scheme which includes the strict beneficiary names to be mothers or wives.
  6. This scheme launch is intended to target urban areas of the following options to States or Union Territories as well as cities as mention earlier.

Important Things to Know About Urban PMAY (Basic Features)

  • Subsidy interest rate is provided at 6.5% on housing loan for the term of 15 years to all the beneficiaries.
  • Differently abled and senior citizens get preference in allocation of ground floors under this scheme.
  • Sustainable and eco-friendly technologies would be used for construction.
  • The scheme covers entire urban areas in the country which includes 4041 statutory towns with the first priority given to 500 Class I cities. This will be done in 3 phases.
  • The credit linked subsidy aspect of the PMAY scheme gets implemented in India in all statutory towns from the initial stages itself.

Urban PMAY EMI Calculation through Interest Rates and Subsidy:

The EMI calculated will be significantly low under this scheme as the current home loan rate is 10.50% but will be reduced down to a whopping 6.5%, as mentioned earlier. Based on this interest rate the monthly installment payable for this loan, let’s say of Rs. 6 lakh for a term of 15 years would come to approximately Rs. 6,632. But the revised rates will allow a higher reduction which will reduce it to EMI of Rs. 4050 at 6.5%. So, people get to benefit a lowering of one-third of what they were paying earlier, which is Rs. 2000. There are 4 aspects of the subsidies:

  • An average Rs. 1 lakh Central Grant will be given to the PMAY scheme subscriber.
  • 6.50% subsidy will be given EWS & LIG through the credit linked subsidy scheme.
  • 1.50 lakh worth of Central Assistance is supposed to be given to each beneficiary for enhancing housing stock especially for urban poor, as long as 35% of dwelling units of these projects that have been proposed are considered for the EWS category.
  • Also, a sum of Rs. 1.5 lakh Central Assistance is supposed to be given to the urban poor who are eligible to build new homes or renovate existing homes.

The 3 Phases of the Urban PMAY Scheme:

Here is how the scheme will be played out in 3 phases:

Phase 1: It was expected to start by 2015. 100 cities across the country are targeted and the list can be found in the application form. This phase is supposed to end in March 2017. The cities under this scheme are expected to enjoy affordable housing under the scheme based on the PMAY objectives.

Phase 2: It should ideally start by April 2017 targeting 200 cities in the country and end by March 2017. The objectives remain the same.

Phase 3: The concluding phase will last for 3 years but with the target of all the remaining cities under the scheme. The phase is expected to begin in 2019 and end by March 2022.

Beneficiary of PMAY:

The beneficiary of this scheme is defined as the following:

  • A family unit that includes a husband, a wife and children who are yet to be married.
  • He/she/they must not own a constructed house in the Indian subcontinent to avail this scheme.
  • He/she/they should be meeting the income requirements of the scheme.

Income Requirements of the Beneficiary for PMAY: The economically weaker sections consist of families with a yearly income of less than 3 lakhs. People who belong to annual income group of Rs. 3 lakhs and up to Rs. 6 lakhs will fall under lower income groups or LIG.

What is Pradhan Mantri Awas Yojana (PMAY) Credit Linked Subsidy Scheme?

Credit Linked Subsidy, is a scheme launched by our honourable Prime Minister Shri Narendra Modi for Economically Weaker Section (EWS) and Low Income Group (LIG). The beneficiary would be eligible for interest subsidy on purchase/construction of a house. The scheme is also available for enhancement of a dwelling unit.

Who can avail Credit Linked Subsidy Scheme?

A beneficiary is defined as:

A family comprising of husband, wife and unmarried children

Beneficiary should not own a pucca house either in their name or in the name of any member of their family in any part of India to receive central assistance under the Mission

Meeting income criteria defined under the scheme

What are the income norms for EWS and LIG categories?

The income norms for EWS/LIG categories are defined as follows:

EWS households with an annual income up to Rs. 3 Lakh

LIG households with an annual income between Rs. 3 Lakh to Rs. 6 Lakh

What is the applicable interest subsidy and the loan amount?

Beneficiaries of Economically Weaker section (EWS) and Low Income Group (LIG) seeking housing loans would be eligible for an interest subsidy at the rate of 6.5% for a tenure of 15 years or during tenure of loan whichever is lower on the initial Rs. 6 Lakh. Any additional loan/s beyond Rs. 6 Lakh, will be at nonsubsidised rate.

How will I receive the interest subsidy benefit?

The bank will claim subsidy benefit for eligible borrowers from National Housing Bank (NHB). The NHB will conduct a due diligence to exclude claims where customer has submitted multiple request. For all eligible borrowers, the subsidy amount would be paid to the Bank. Once the bank receives the interest subsidy, it will be credited upfront to the Loan Account. The subsidy will be calculated on NPV basis at the rate of 9% discount rate.

For example, the borrower avails a loan for Rs. 8 Lakh and the subsidy works out to Rs. 2,20,000. The amount (Rs. 2,20,000) would be reduced upfront from the loan (i.e., the loan would reduce to Rs. 5,80,000) and the borrower would pay EMIs on the reduced amount of Rs. 5,80,000.

*The above example is for illustration purpose only and will depend on the actual amount received or any changes done by NHB on the same.

What is the size of dwelling units under Credit Linked Subsidy Scheme?

The Credit Linked Subsidy is available for housing loans availed for new construction and addition of rooms, kitchen, toilet, etc. to existing dwellings as incremental housing. The carpet area of houses being constructed under this component should be up to 30 sq. m. for EWS category and up to 60 sq. m. for LIG category. However, the beneficiary can construct a bigger house.

Where can I apply for Credit Linked Subsidy Scheme (CLSS)?

You can apply for Housing Loan under CLSS at any Govt or private Bank branch.

Do I have to give any additional documents to avail this subsidy?

No, there is no additional documents except a Declaration of not owning a pucca house. Customers not having income proof would require to submit an Affidavit.

Is there any loan amount limit on this scheme? 

No, there is no loan amount limit under this category of loans.

I have a small business, can I avail Home Loan under this scheme?

Yes, you can avail this facility, if you qualify for the income criteria defined under this scheme.

Illustration / Summary :

Pradhan Mantri Awas Yojana is a government subsidy scheme for families buying their first house, though there is no upper Loan Amount and Tenure cap for the scheme, however the subsidy benefit would be available on the initial Rs. 6 Lakh. It would be computed at a rate of interest of 6.5% p.a on a maximum amount of Rs. 6 Lakh or the loan amount whichever is lower for 15 years tenure with discounting rate of 9%. For 6 Lakh the interest subsidy comes to around Rs. 2,20,000. Hence an upfront subsidy of Rs. 2,20,000 would be claimed by the bank from NHB and the same would be adjusted against the outstanding amount in the Loan Account. The loan outstanding would reduce and result in lower EMI of approximately Rs. 2,000.

Under the PM Awas Yojna, differently-abled and older persons of the society will be given preference in the allotment of ground floors under the PM Awas Yojana Scheme. The housing units constructed under the scheme will also witness the use of more eco friendly, innovative and sustainable housing construction technologies.

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admin November 17, 2016 Gurgaon Real estate updates no responses

Real Estate Development in Sohna – Property in Sohna

Real Estate Development in Sohna, Property in Sohna, sohna property future, gurgaon sohna master plan 2031, gurgaon real estate market overview, investment in sohna, imt sohna, dwarka expressway, 99 acres sohna, magicbricks sohna,

SOHNA – GURGAON EXTENSION / South Gurgaon Download Master Plan 2031 

VIEW  Sohna Sector Projects 

Like Noida Extension (Greater Noida West) and Raj Nagar Extension (Ghaziabad), a new developing zone – Gurgaon Extension (the area extending from Sohna Road and directly connected to the main Gurgaon-Sohna Road) – is being considered by realty experts as a good place for affordable-range housing. The value of investments could double here once IMT Sohna is up and running, experts say. Also, the Delhi-Mumbai dedicated freight corridor is located close by and all the mega industrial estates and infrastructure coming up along with the KMP corridor will add more value to the investments here.

Close on the heels of its new Master Plan-2031, a slew of group-housing projects, townships, plotted developments, and luxury projects have been announced by leading developers like Raheja Developers, IREO, Parsvnath, Avlon, Gold Souk, etc, for this area.

Gurgaon Extension is already well known for its natural sulphur springs and Damdama Lake. Some of the leading institutions and industries in the area are GD Goenka Education City, K R Mangalam University, Apeejay Satya University, Westin Resort, and MMTC Pamp Gold Refinery (listed among the Top 5 largest refineries in the world).

MASTER PLAN-2031 OF SOHNA- DOWNLOAD HERE

According to the recently approved Master Plan-2031 of Sohna, the population of Gurgaon Extension (Sohna) is expected to grow tenfold by 2031. The developing area will have 5,000 acres of residential and commercial development and 2,600 acres of green and open space development in over 20 sectors.

This huge growth rate is expected to be induced by factors like Kundli-Manesar-Palwal (KMP) Expressway and Dedicated Freight Corridor (DFC) along the southeastern side of Gurgaon Extension.

The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has acquired nearly 1,600 acres for development of an Industrial Model Township (IMT) between Gurgaon Extension and KMP Expressway. Recently, the government of Haryana approved the development of theme hubs like Leisure Hub, Sports Hub, and Leather Hub along KMP Expressway, in close proximity to Gurgaon Extension.

CONNECTIVITY AND ACCESSIBILITY

Connectivity and accessibility is the biggest USP of Gurgaon Extension (Sohna). There is a proposal to merge the 90metre Link Road from Gurgaon’s Sector 63 with the proposed 150metre Gurgaon Extension Road, which will not only reduce the travel distance by a couple of kilometres but also ensure a smooth travel time of 10-15 minutes from Golf Course and Golf Course Extension Road.

The KMP bypass would take care of the heavy vehicle movement, reducing the traffic flow on the existing Gurgaon-Sohna-Alwar Highway and the new 90metre to 150metre roads. Also, the area will have excellent connectivity with the NCR through the proposed Metro line.

REALTY PROJECTS

If you are looking to buy a house and your monthly income is below Rs 50,000 per month, Gurgaon Extension offers good options to suit your budget. Here 2- and 3BHK flats are available in the range of Rs 3,500 per sq ft to Rs 4,500 per sq ft, depending on the location and the developer, like Avlon, Gold Souk, Parsvnath, IREO, etc. Apart from this, developers are also coming up with plotted development with floors, villas, and luxurious, independent apartments. 

With the notification of the proposed new connectivity, the prospective and current residential projects are expected to receive an excellent response from the market. The sectors along the new 150metre-wide link road from Golf Course Extension Road will not only enjoy a premium positioning but will also have an advantage in terms of visibility and location among all the other sectors within the Gurgaon Extension (Sohna) Master Plan.

Raheja Developers is building Aranya City, an integrated township with all facilities over 107 acres. The gated community offers plots, villas, floors, and group-housing units with a modern clubhouse; the project also has a school, a hospital, nursing homes, and shopping arcades.

Navin Raheja, CMD of Raheja Developers, says: “This new developing stretch is a good investment area as in the coming few years it can give huge returns on investment. We always viewed this area as a high-potential zone and started acquiring land banks long ago. Today, we have one of the largest land banks in this region. Encouraged with the appreciating realty market, we are finalizing our plans for Gurgaon Extension.”

Ashish Gupta, joint managing director of Gold Souk, says: “Gurgaon Extension has wide roads and world-class infrastructure projects. The residential and commercial projects coming up here are only about 12-13km from Gurgaon, with a price tag that is almost less than half of the prevailing rates in other parts of Gurgaon. Thus, this new developing area is going to be in great demand.”

Other developers expected to be in the Gurgaon Extension (Sohna) are Central Park, Pioneer Park, Parsvnath, Tata Reality, Homestead, and ILD. ILD is expected to launch a residential project here by the end of the year.

Real estate giants of the NCR, Mumbai, and Bangalore are looking to buy residential FSIs in the Sohna Master Plan-2031. The developers are eyeing residential FSI’s from Rs 1,500 per sq ft to Rs 1,700 per sq ft and expect to launch multistorey highrise apartments in the range of Rs 5,000 per sq ft to Rs 6,500 per sq ft.

MARKET SCENARIO

Gurgaon Extension has emerged as a prime residential destination for end users and is currently registering a healthy demand. It is a good example of mixed-use development with great scope for further growth. Planned urbanization with IT parks, malls, residential apartments, villas and new residential projects under construction on both sides of this road make the area a sought-after location among first-time homebuyers and those looking for a property for investment. 

The availability of land parcels for further development and rapid commercial growth in the area have been the main factors that led to the growth of residential real estate along this stretch.

Gurgaon Extension or the Sohna surrounding areas display all the signs of development that a satellite area bordering a hot and happening Tier 1 zone (Gurgaon) shows. The area can be described in two segments – Gurgaon Extension 1 and 2. The first zone covers Sector 38 (Rajiv Chowk) to Sector 66 (Vatika Site) and the second one starts from the road that runs down from Universal Business Park to Badshahpur and beyond till Gurgaon Extension.

Ajay Singhal, director of Avlon Group, says: “The developing part of Gurgaon Extension Road (Sohna) has a number of residential properties under construction by developers like Tulip, Unitech, etc. Owing to the success of Gurgaon’s Golf Course Extension Road, Sohna Extension Road, and the construction of high-end properties along the regions to NH-8, capital values of residential properties are already going up. The area will become fully habitable in about five-seven years.”

Sanjiv Kumar, MD of Swarneem Group, says: “The prospects are quite good but buyers should expect good returns only after four to five years. A good return on short-term investment is not possible. This is an emerging area and a lot of infrastructure is yet to be put in place. At the moment, the only existing attraction is Gurgaon Extension Road, which connects NH-8 to KMP Expressway.”

REASON TO INVEST

After a boom in the residential development on the Gurgaon-Sohna Road and Golf Course Extension Road, the recently notified Sohna Master Plan area of Gurgaon Extension is all set to emerge as the next destination for commercial, residential, institutional, and industrial development. The Southern Peripheral Road, which links NH-8 to Golf Course Road and South Delhi is under construction. The planned IMT Sohna is also likely to become the next big industrial park in the region after IMT Manesar and IMT Faridabad. The proposed infrastructure continues to add value to the overall development making Gurgaon Extension an attractive destination for those looking to buy units at slightly lower rates, compared to the rest of Gurgaon.

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admin December 18, 2014 Gurgaon Real estate updates no responses

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Applications Invited for HUDA Affordable Schemes Flat in Gurgaon File an Application & check out results in Draw just like DDA

The TOTAL  Cost Of  2 BHK FLAT – 18 Lacs all inclusive in Gurgaon

OWN 2 BHK @ 18 LACS * ONLY

And  1 BHK @ 12.5 LACS* ONLY

In Huda Affordable Housing policy an END USER gets an opportunity to buy a dream home in Gurgaon/NCR. Where he will get –

  • 1BHK @ 12.5 Lac*** and 2BHK @ 18 Lac*** (all inclusive)
  • Price is All Inclusive EDC/IDC/ Power Backup/PLC/IFMS/Other Charges
  • 75 % Home Loan Finance available from all leading banks.
  • All Amenities like- Power back up, Securities, Open Area, Kids Play Area
  • All inclusive pricing based on carpet area at Rs. 4000/sq. ft.
  • Necessary to deliver project within 4 years
  • Payment plan spread proportionately over 3.5 years
  • Zero maintenance Charged by developer for 5 years post delivery

Than, Why we go Noida/Bhiwadi/ Neemrana.

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