Pradhan Mantri Awas Yojana (PMAY) in GURGAON Haryana – HUDA Affordable Housing Policy Flats

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...

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Affordable Housing Scheme – An Acknowledgment to Your Dreams

Owning a house in Delhi and Haryana is a big deal these days. With highly priced apartments and bungalows that do have all the amenities and plush surroundings, but are way beyond the budget of a middle class family; the dream of having your own house seemed to be nearly impossible until the Government came up with a scheme of Affordable housing in Gurgaon. The Haryana Government in this scheme to provide luxury at an affordable pricing. The schemes are built in areas that are near to South Delhi and also connect to major commute areas. Most of these residential towers are constructed strategically keeping in mind the development of the vicinities.

Huda Affordable Housing Scheme Sohna Road Gurgaon

Sohna – South of Gurgaon, is urbanizing in every possible way that it should...

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Who Is Building Our Roads, Dwarka E-Way Residents Ask

GURUGRAM: Residents of societies along the Dwarka Expressway met MCG commissioner V Umashankar on Saturday to express concern about the lack of public transport in the region that is home to 70,000 people and has thousands of flats being built in sectors along the speedway.

Members of the Dwarka Expressway Association, a group of local residents, discussed many issues related to the sector road development for several residential projects along the expressway and the fact that it is not clear whether developers or government agencies are rresponsible for these roads

“We requested to publish the concerned agency’s name and details on the public domain so that homebuyers or RWAs can follow up with the agency...

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Who will build new sector roads? Developers blame acquisition block

GURUGRAM: Thousands of residents living in the new sectors will continue to face connectivity issues, say developers with projects in the new sectors, if a policy intervention addressing issues delaying construction of 24m-wide roads in these sectors (58-118) isn’t taken soon.

According to Master Plan 2031, the 24m approach roads to projects are to be built by the developer/landowner in whose licensed area the road is proposed. However, in many cases, these roads never see light of day as one or more landowners refuse to part with their portions of land for roads.

“Multiplicity of ownership causes a major problem in connectivity in new sectors. For instance, in Sector 62, the 24m approach road passes through projects of three developers...

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Donald Trump Jr to Visit City In November For Realty Project Launch

GURUGRAM: Amid a slow moving realty market, Donald Trump Jr is expected to visit Gurgaon sometime in the next couple of weeks to inaugurate two premium realty projects. While one of these is a residential project, the other is commercial

According to sources close to the development, Trump Jr is expected to visit sometime in mid-November. However, they did not have the exact dates yet.

The residential project is being launched in association with Gurgaon-based developer M3M Group and will be called Trump Towers.

“The deal with The Trump Organisation has been signed and we will soon be launching Trump Towers, which will change the history of luxury real estate in North India, particularly Haryana,” said Pankaj Bansal, director, M3M group...

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GMDA Can Now Give Land Use Change Permits

GURUGRAM: The department of town and country planning has decided that Gurgaon Metropolitan Development Authority (GMDA) can grant permission for change of land use (CLU) for areas within its jurisdiction. So far, CLU was granted only by DTCP, which has its office in Chandigarh.

One of the main objectives of the move was to ensure that official files do not have to be sent all the way to Chandigarh, but instead can be cleared here itself. In a letter dated November 15, the director of town and planning, T L Satyaprakash, ordered that the entire record of cases of grant of permission for change of land use and related matter be shifted to GMDA. He also directed that the district town planner (DTP) and his staff be attached to GMDA.

“The permission to grant change of land use of any area tha...

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Unitech MD seeks bail, told to deposit Rs 1,000 crore

NEW DELHI: The Supreme Court was informed on Monday that as many as 4,688 homebuyers in 63 residential projects of Unitech had sought refund of their money totalling Rs 1,865 crore, while 3,761 homebuyers opted for getting possession of their flats.

Amicus curiae Pawan Shree Agrawal submitted a chart compiling the responses received from homebuyers in 63 Unitech projects — spread from Noida to Kolkata and Gurgaon to Chennai —between September 22 and October 13. He said as per Unitech, the refund amount was Rs 1,865 crore, while it was Rs 1,961 crore according to homebuyers.

Two days after resigning as solicitor general, senior advocate Ranjit Kumar appeared for Unitech and its managing director Sanjay Chandra, who is in jail, and told the SC, “I have chalked out a plan to pay ev...

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India jumps 30 places, breaks into top 100 of World Bank’s Ease of Doing Business rankings

In a major shot in the arm for the Narendra Modi government, the report recognises India as one of the top 10 improvers in this year’s assessment.

Moneycontrol News

India leapfrogged into the 100th rank in the World Bank’s Ease of Doing Business rankings, jumping 30 notches from last year, in an endorsement of the string of reforms implemented by the Narendra Modi government.

The report also recognises India as one of the top 10 improvers in this year’s assessment, having implemented reforms in eight out of 10 Doing Business indicators.

India is the only large country this year to have achieved such a significant shift. On the “distance to frontier metric,” one of the key indicators in the survey, India’s score went from 56.05 in Doing Business 2017 to 60.76 in Doing Business 2018...

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Haryana govt signs Rs 20,000 cr worth MoU for logistics parks

The hub will be spread over an area of 600 acres near Gurugram, and the public-private project is expected to generate employment for six lakh people, it said.

The Haryana government signed a memorandum of understanding (MoU) with Verbind, an integrated trade facilitation services organisation, to set up a logistics and trading hub in the state that would attract investment to the tune of Rs 20,000 crore, a release from CII said.

The hub will be spread over an area of 600 acres near Gurugram, and the public-private project is expected to generate employment for six lakh people, it said.

Under the MoU, the government will facilitate Verbind’s efforts to obtain necessary permissions, registrations, approvals and clearances with reference to the projects from relevant departments, in line wit...

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Huda Housing Scheme Gurgaon

Consistent action of Haryana Government, specialist and developers has resulted in the revolution of the organization in Gurgaon, Faridabad and different cities of the state. Private manufacturers have enhanced the real estate framework in various regions of Delhi NCR involving Gurgaon, Faridabad, Noida and Greater Noida; then again the Haryana Government has likewise propelled moderate affordable housing projects gurgaon in extraordinary areas which are near South Delhi and Dwarka Expressway Gurgaon. Haryana Governments Affordable Scheme, Huda housing scheme gurgaon, Affordable Housing Dwarka Expressway and One BHK reasonable lodging in Gurgaon are a portion of the plans which can be the best alternatives for those individuals searching for moderate housing venture.

At Affordable housing ...

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