Launched in 2013, HUDA Affordable Housing Policy intends to usher the completion and planning of Group Housing Projects. Under these projects, apartments have ‘pre-defined sizes’ which are made available at ‘pre-defined rates’ and built within a targeted timeframe to incentivize the development of affordable housing in the urban housing market to the deserving candidates as defined under the present policy. HUDA Affordable Housing Policy was launched by the government under PMAY subsidy for middle and low-income groups to make houses more affordable and simplify the process of buying a house.
The policy was designed for rural and urban areas like Gurgaon, Faridabad, Panchkula, Pinjore-Kalka. MRG World is coming up with new projects in different sectors of Gurgaon – Sector 89, Sector 93, Sector 90, and many more. These sectors are some of the prime locations as they are close to Dwarka Expressway and 20 mins away from the airport. All projects have world-class facilities and you can get a loan easily as all the projects are certified by the government.
Features of Huda Affordable Housing Policy:
The main objective of the policy is to provide housing for all, keeping in mind the minimum density permitted is 850 persons per acre and the maximum can be up to 900 people per acre. Maximum Floor Area Ratio allowed under the policy is 225. To promote community infrastructure like market, playschool, garden and other builders can use a maximum of 50% area for residential purposes with 4% area for commercial use. To keep the area from cluttering, builders also have organized a minimum of 15% area from net planned area to open spaces. To keep the density in check flat must not be allotted to more than 5 people.
As Housing for all being the main component of the policy, the eligibility criteria prefer applicants who do not own an apartment in any HUDA colony or NCT Delhi.
Applicant must be an Indian resident.
The applicant must fall under 18 to 70 years of age.
Any applicant who does not own any plot/house/apartment in his or her name in any colony of the HUDA area will be given the first preference under this policy.
An applicant who has been allotted a house under this policy is not eligible for further allotment of flat in any other colony. In case, he/she has more than one flat, he/she will have to choose only one flat and, all the applicants need to submit an affidavit of proof to the concerned authority.
In tune with Prime Minister flagship mission, ‘Housing for All by 2022’ Haryana Government has announced Deen Dayal Jan Awas Yojna. It aims to boost the development of high density plotted colonies in Low and Medium Potential towns of Haryana. To encourage the initiative the conversion (CLU) charges and infrastructure development charges have been waived off and the rates of the license fee, external development charges have been substantially reduced. Additionally, MRG World is bringing unparalleled amenities such as separate kids’ zone, parks, gyms, clubhouse, rainwater harvesting, blending healthy and modern lifestyle right by Dwarka Expressway to keep you close to all major landmarks across NCR and North West Delhi, Cybercity, IGI Airport just 15 minutes-drive away.