DTCP notifies new rates for affordable housing projects
1 year, 5 months ago

DTCP notifies new rates for affordable housing projects

Hindustan Times  

The department of town and country planning on Thursday notified new rates for affordable group housing projects, increasing the price of affordable flats from ₹4,200 per square foot to ₹5,000 per sq ft in Gurugram, Faridabad, Panchkula, Pinjore and Kalka. DTCP notifies new rates for affordable housing projects The rates of balcony have also been increased from ₹1,000 per sq ft to ₹1,200 per sq ft. The rates in hyper and high potential zones -- Gurugram, Faridabad, Panchkula, Pinjore-Kalka-- has been increased to ₹5,000 per sq ft on carpet area from the existing rate of ₹4,200 per sq ft. Real estate experts said the price hike is steep and unjustified. Pradeep Aggarwal, founder and chairman, Signature Global Ltd, said, “The increase in rates for hyper and high potential zones such as Gurugram, Faridabad, Panchkula by ₹800 per sq ft on carpet area makes affordable housing projects more viable for developers.” Ashwani Kumar, Pyramid Infratech, said, ”This decision reflects the government’s proactive approach to tackling the real estate market challenges and providing adequate housing options for the people of Haryana.

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Buying a property in Gurugram, Faridabad gets expensive after circle rate hike
2 weeks, 1 day ago

Buying a property in Gurugram, Faridabad gets expensive after circle rate hike

India Today  

The cost of buying property in Haryana's key cities, including Gurugram and Faridabad, has risen significantly following an increase in circle rates, which came into effect on December 1. GURUGRAM CIRCLE RATE In Gurugram, circle rates have surged by 10% to 30%, with high-demand areas like Golf Course Road seeing an increase of up to 30%. FARIDABAD CIRCLE RATE In …

Haryana cabinet amends affordable plotted housing policy
1 year, 2 months ago

Haryana cabinet amends affordable plotted housing policy

Hindustan Times  

The Haryana cabinet on Wednesday amended the Deen Dayal Jan Awas Yojana Affordable Plotted Housing Policy-2016 for the medium and low potential towns. An official spokesperson said the amendment was done as medium and low potential towns showed preference for plotted colonies over group housing. As per the amendment, if the total DDJAY licensed area of a town is less …

Govt bonanza for affordable developers, rate increased to ₹5,000 psf
1 year, 5 months ago

Govt bonanza for affordable developers, rate increased to ₹5,000 psf

Hindustan Times  

In a bid to revive the affordable housing sector in Haryana, the state government on Friday increased the allotment rate of apartment units under affordable group housing by an average of 20%. Govt bonanza for affordable developers, rate increased to ₹ 5,000 psf In Gurugram and Faridabad, which have been designated as hyper potential zones, the rate has been increased …

Buying property in Gurugram gets costlier as circle rates hiked
3 years, 8 months ago

Buying property in Gurugram gets costlier as circle rates hiked

India TV News  

Buyers in Gurugram now will have to spend extra money while purchasing properties in upscale condominiums, licensed colonies and builder floors at the Haryana Shahari Vikas Pradhikaran sectors. The rate of an upscale condominium like DLF Aralias, Magnolias and Camellias on Golf course Road has seen the steepest increase which have been increased by 25 per cent from Rs 20,000 …

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