Haryana govt fixes prices of affordable homes- Business News
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Haryana govt fixes prices of affordable homes

A spokesperson of the Town and Country Planning department said in Gurgaon circle alone, 34 licences for affordable houses have been granted by the state government - 23 in Gurgaon city, 9 in Sohna and 2 in Rewari.

 PTI   
  • Gurgaon,  January 19, 2015  
  • |  
  • UPDATED   16:12 IST
Haryana govt fixes prices of affordable homes

Prices of affordable houses have been fixed by the Haryana government keeping in mind the lower-middle and middle segments of the society, Tulip Infratech Pvt Ltd chief Parveen Jain said on Sunday.

In affordable houses, no builder is allowed to sell at a rate above Rs. 4,000 per square foot in high potential zones like Gurgaon, Panchkula, Faridabad, and Rs. 3,600 per square foot in medium potential zones like Rewari, Mahendergarh and Jhajjar, Mr Jain said.

A spokesperson of the Town and Country Planning department said in Gurgaon circle alone, 34 licences for affordable houses have been granted by the state government - 23 in Gurgaon city, 9 in Sohna and 2 in Rewari.

A total of 46 affordable projects have been sanctioned in entire state of Haryana - 8 in Faridabad circle, 2 in Rohtak circle and 2 in Panchkula, he added.

He further said around 20,000 houses would be built under affordable housing projects as per 23 licences granted in Gurgaon city.

As the aspirants of such affordable houses are more than the planned houses, the flats would be allotted under lucky draw system, the department said.

Mr Jain said that two-bedroom affordable flats in Sector 69 would cost between Rs 18.66 lakh and Rs 19.50 lakh, and one-bedroom would cost Rs 15.69 lakh.

He also said a major advantage of the Tulip affordable housing project is its prime location in the vicinity of Sohna road which makes it surrounded with all full-fledged amenities.