Affordable Housing on Dwarka Expressway: An Ideal Choice for Homebuyers

Finding an affordable home in a metropolitan city like Gurgaon can be a daunting task, but with the development of Dwarka Expressway, homebuyers have a reason to rejoice. The 29 km-long Dwarka Expressway is a major infrastructure project that connects Dwarka in Delhi to Gurgaon, providing a seamless connectivity to both the cities. The expressway has emerged as a sought-after destination for homebuyers looking for affordable housing options in Gurgaon.

Affordable housing on Dwarka Expressway has gained immense popularity among homebuyers due to its proximity to major commercial hubs, educational institutions, and healthcare facilities. Several developers have launched affordable housing projects along the expressway, offering a range of housing options, including 2 and 3 BHK flats.

One such project is Global Heights 88A, a premium affordable housing project in Sector 88A, Gurgaon. Developed by Breez Builders, the project offers 2 and 3 BHK flats that are spacious and well-designed. The flats are equipped with modern amenities and facilities, making them an ideal choice for families. The project is located near Southern Peripheral Road, providing easy connectivity to major parts of the city.

Another Affordable Housing Project On Dwarka Expressway is Signature Global Proxima 1, located in Sector 89, Gurgaon. Developed by Signature Global, the project offers 2 and 3 BHK flats that are spacious and well-ventilated. The project is equipped with modern amenities like a swimming pool, clubhouse, and landscaped gardens, making it an ideal choice for homebuyers looking for a luxurious yet affordable home.

The Pyramid Midtown is another affordable housing project located in Sector 59, Gurgaon. Developed by Pyramid Infratech, the project offers 2 and 3 BHK flats that are designed to provide ample natural light and ventilation. The flats are equipped with modern amenities and offer easy connectivity to major parts of the city, making it an ideal choice for homebuyers.

The affordable housing projects on Dwarka Expressway are developed under various government schemes like the Haryana Affordable Housing Policy and Deen Dayal Jan Awas Yojna (DDJAY), which offer subsidies and other benefits to homebuyers. These schemes have made it easier for homebuyers to purchase their dream home without burning a hole in their pocket.

In conclusion, affordable housing on Dwarka Expressway is an ideal choice for homebuyers looking for a comfortable and luxurious home at an affordable price. The area offers easy connectivity to major parts of the city and is equipped with modern amenities and facilities. OSB The Venetian, Signature Global Proxima 1, and The Pyramid Midtown are some of the best affordable housing projects on Dwarka Expressway that offer spacious and well-designed 2 and 3 BHK flats. These projects are developed by reputed developers and offer a range of facilities and benefits to homebuyers.

Visit: https://www.orionrealtors.com/affordable-dwarka-expressway-listing.html

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Upcoming Affordable Housing Projects in Gurgaon with Car Parking

 

Upcoming Affordable housing projects Gurgaon with Car Parking offers 1, 2 & 3 BHK Flats under affordable rates which are fixed by the HUDA Govt and the allotment of these flats are also done by the HUDA officials. The possession of flats are time bounded and the builders and bounded to deliver the project on defined time frame and any failure in it liable to a penalty to govt.

·         RISEONIC REALTY SOLITAIRE 70 SECTOR 70 GURGAON

An upcoming affordable housing project Riseonic Realty Solitaire 70 is launched in the area of Sector 70, SPR Road that will provide a relief to the middle-class section on their budgets who are aspiring to buy their dream abode of heaven. With an aim to provide luxurious amenities at an affordable cost to the people who desire to have high standards of living, Riseonic Realty presents their housing project “Solitaire 70” as a blessing. This affordable property in Gurgaon has units of 2BHK and 3BHK apartments fully loaded with the modern and luxurious amenities.

·         MRG WORLD ULTIMUS 2 GURGAON

MRG World Ultimus 2 Gurgaon is a newly launched one-of-a-kind affordable housing project developed by MRG World Private Limited in sector 90, Gurgaon. The residential housing project is sprawled over 5.5 acres of land, which is built in the prime location of Gurgaon that is Dwarka Expressway. The lush green landscape in this region will keep you in close contact with nature and make you feel rejuvenated and fresh.

MRG World Ultimus 2 sector 90 Gurgaon is a new Affordable housing Project by the MRG Group. The project will offer 2 and 3 bhk affordable flats at affordable prices on Gurgaon.

·        CONSCIENT HABITAT 102 GURGAON

Conscient Habitat 102 is one of the finest Rera Approved affordable housing projects in Gurgaon that offers modern age homes laced with best in class amenities. The project is sprawled over a vast area of 9.3 acres of land and offers spacious 2BHK and 3BHK apartments with picturesque view overlooking dense greens. The size of 2bhk unit would be 580 Sq.ft and for 3BHK unit it would be 645 sq.ft Conscient Habitat 102 sector 102 Gurgaon offers 800 housing apartments built using top class construction material that aligns with today's modern lifestyle.

·         ZARA AAVAAS 3 SECTOR 104 GURGAON

Zara Aavaas 3 Sector 104 Gurgaon is New Residential Project Developed by the Perfect Buildwell in Gurgaon. This Affordable Housing Project Is An Extension Of Zara Aavaas & Located Near Dwarka Expressway And Gurgaon Railway Station. After the phenomenal satisfaction of Zara Aavaas Sector 104 Gurgaon now Zara framework is give you its new Affordable (low-evaluated) lodging project Zara Aavaas Phase 3 Affordable pads in area 104 Gurgaon. Zara Sector 104 will give 2bhk skyscraper reasonable pads at low-estimated rate with all around coordinated conveyance. Draw Results Draw Date of Zara Aavaas Affordable Flats in area 104 Gurgaon may be executed through DTCP.

·         HCBS AUROVILLE SECTOR 103 GURGAON

HCBS Auroville Affordable Housing Project under scheme of Haryana Govt. affordable housing scheme. The Project Located at Sector 103 Dwarka Expressway Gurgaon. It offers 2 & 3 BHk Apartments in Sector 103 Dwarka Expressway Gurgaon. HCBS Auro ville is Rera Approved Project & its Rera No. is 67 of 2021.

The project is constructed over an area of 8.75 acres of land and offers 50% of open space. The development offers total of 11 towers with maximum height of 14 floors. HCBS Auroville offers accommodation of 1210 units of 2 BHK and 3 BHK apartments. The floors are well ventilated and ample of sunlight.

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Is Affordable Housing A Good Investment in Gurgaon?

 

Because Gurgaon is one of the leading real estate destinations in North India, the real estate trends in this city are very important. Affordable Housing in Gurgaon has been in high demand among end-users in recent years. Even when the property sector was experiencing sluggishness and a drop in overall property demand, the demand for affordable housing in Gurgaon or other parts of NCR remained relatively constant.

The Current Situation in Gurgaon's Affordable Housing Real Estate

A few years ago, the majority of residential projects developed in Gurgaon were luxurious and expensive. These residential communities were built by a reputable real estate developer to meet the needs of the region's growing population of wealthy individuals. According to the survey, approximately 60% of all properties launched in Gurgaon between 2018 and 2019 fell under the Rs. 50 Lacks slab. A variety of factors eventually contributed to an increase in the inventory of these residential properties:

Excess in supply: As a result of too many real estate developers concentrating on high-end developments, there is an excess of supply over demand.

Rising property rates: Rising housing prices have made luxury homes prohibitively expensive for many prospective buyers who would otherwise have purchased them.

Good Demand for Affordable Housing: Because of the growing IT and corporate sectors, Gurgaon has seen a large influx of working professionals. The majority of these professionals prefer to purchase smaller, more affordable apartments.

Property Buyers Changing Their Focus: Observing the shift in demand from luxury to affordable homes, many investors began to invest in affordable homes in order to earn good returns.

The real estate market in Gurgaon has changed dramatically in recent years. By now, the best Haryana housing board flats in Gurgaon have seen a good sales volume.

Growth of the Affordable Housing

The development of affordable and mid-range residential properties in Gurgaon took place in stages over the years. Various factors have played an important role in gaining momentum for the movement.

Developers: Many real estate developers who were losing money due to a drop in sales of luxury housing began to shift their focus to affordable housing. This allowed them to survive because the revenue generated by affordable housing breathed new life into the real estate industry and allowed the builders to continue with their other projects. This is a win-win situation for builders and buyers alike, as well as the entire real estate industry.

Government Schemes: Several government initiatives to boost this segment have also aided in development. PMAY (Pradhan Mantri Awas Yojana) and Pradhan Mantri Awas Yojana flats in Gurgaon are two of the best schemes. Because of the subsidies provided to the real estate developer, they were able to offer the home at very low prices. These steps have been taken in order to present the best housing in Gurgaon to a larger segment of the property market rather than just those who can afford the luxury housing.

Why is Affordable Housing in Gurgaon Beneficial?

High & Quick Appreciation

Affordable properties tend to appreciate faster than luxury properties, which is the primary reason for the growing interest of investors. Most Tier 1 and Tier 2 cities have reached saturation, and real estate development has shifted to the outskirts and suburbs with more affordable options.

Limited Risk

The amount of risk is one of the main concerns of real estate investors and home buyers (risk is everywhere).The best thing about affordable housing is that it has a lower risk because it requires less capital and can guarantee high returns. Affordable housing flats in Gurgaon can also be a good source of rental income and are the most accessible option for first-time investors.

High-End Market Saturation

Because of the inflated value, the luxury housing property market has become immovable and is far from the affordability margin. With this decline, many builders have announced their affordable residential projects, which have good exposure in the mid-level market. With the luxury property market saturated, investing in affordable residential property has become a viable investment option.

Higher resale value and easy exit

Because a large number of end-users are looking for affordable residential property, the scope for real estate is easier. This rising demand for affordable housing also makes it easier to obtain a good resale price, allowing for a higher profit. As a real estate investor these days, affordable housing is a far better option than luxurious housing.

Renting has never been this easy

Because of their lower prices, affordable residential properties are known to have better rental prospects. In any city, affordable areas have seen rapid development in terms of infrastructure and value. These characteristics contribute to it being more suitable for renting, and one can be confident of finding the best tenant eager to rent the home. This ease of finding a renter will also ensure consistent cash flow.

High return on investments

Real estate investments are the best way to earn a good return on capital, and with affordable property, you can resell it for a profit. These residential properties can also be rented out to generate consistent cash flow.

Visit: https://www.orionrealtors.com/affordable.html

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Incredible Affordable Housing Apartments at ROF Ananda Sector 95 Gurgaon

Gurgaon gets alternative impressive affordable residential project, with ROF Ananada being launched by the reputed real estate group. ROF Ananda Sector 95 Gurgaon is one of the new projects launched as a part of the ‘Housing for All’ initiative of the government. Located close to the Dwarka Expressway and NH 8, this project is set to attract investors and property owners. ROF Ananda offerings the property owners with 50% open spaces around the homes. This complex comes with splendid apartments in 1,2 and 3 BHK configurations. Adults and kids can enjoy dedicated spaces for them in this residential estate.

This property has been on the investors’ radar for several exciting reasons.

Features and Amenities: The project is being developed with a careful floor plan, optimizing the available spaces. It brings you an exclusive park, which offers a satisfying green view around the apartments. Other inclusions are a community center, tennis court, and a badminton court. People looking for upcoming affordable homes in Gurgaon should check this property out.

Locational Advantages: This estate is being developed close to all the prime zones in Gurgaon. Besides, the proposed metro station is likely to facilitate transportation around the residential complex. The Gurgaon Railway Station lies near this estate, which would enable the residents to reach their respective destinations fast. ISBT is located close to the new residential complex in Gurgaon, and one can reach this place in five minutes from the estate.

The Indira Gandhi International Airport also lies within close reach of the residents in this complex. Several luxury restaurants and shopping malls are located around ROF Ananda Sector 95 Gurgaon. Besides, you have the Southern Peripheral Road and National Highway passing close to this residential complex.

For investors willing to expand their real estate group, this is a great opportunity to profit from on the favorable conditions of the property market.

Source: https://www.orionrealtors.com/rof-ananda-95-in-gurgaon.html

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Affordable Housing in Gurgaon – Affordable Projects in Gurgaon

Home is where the heart is. Rightfully said, we all look for a house of our choice to reside in. Giving wings to this desire, HUDA has brought forth Affordable Housing Projects in Gurgaon so that every individual can invest and have a house of his very own.

Under Haryana Government Affordable Projects in Gurgaon, many reputed builders are building projects in Gurgaon and Dwarka Expressway, keeping quality, comfort and cost, all three factors in mind. Since they come at a fixed pricing from the government, one can easily plan out his finances and invest in a project of his choice. Still, when it comes to investing your hard earned money, everyone wants to make the most suitable choice based on his needs and requirements.

Gurgaon has many new Affordable Housing in Gurgaon for the investors to choose from. Ranging from 1 bhk to 2 bhk, these projects built by various builders, are available with many amenities and facilities as well. Further being approved by HUDA, adds to the credibility of the project along with fixed pricing Call@9250933999, making it easily affordable and accessible for many.

Breez Global Hill View is an affordable project in Gurgaon (Sohna, South of Gurgaon) to meet the need of affordable houses for those who dream to own their home in the premium location of South Gurgaon. The grand affordable housing project is located in the sector-11, Sohna, Gurgaon.

Breez Global Heights is an affordable housing project in sector 33 Sohna, Gurgaon has been developed as a complete township that includes almost very thing required for your daily life. Multistoried towers with a large number of houses enrich the projects and make it completely liable for those who look to live their life in the heavenly environment.

Tulsiani Easy in Homes excels in designing and developing state-of-art affordable housing in Gurgaon. Tulsiani Group has launched a project in Sohna under Huda affordable Policy 2013 in the name of "Easy in homes"

Some of the renowned projects by renowned builders include The Millenia Gurgaon, AVL 36 and Apex our home Sector 37c Gurugram, to name a few. Starting from costs as reasonable as 12.5 lacs, these homes are located at very convenient locations, making everyday life easy and convenient. Be it commute or amenities and facilities, these projects offer all of them, at no extra cost!

So if you choose to invest in a lucrative place like Gurgaon or Dwarka expressway and have a budget, then Affordable Housing in Gurgaon are the best place to invest, ensuring you have maximum value for your money while not compromising on credibility or quality either. Thanks to HUDA, for making the dream for a home, come true for all.

Source: http://blogs.rediff.com/orionrealtors/2019/09/23/affordable-housing-projects-in-gurgaon-2/

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Affordable Housing Projects in Gurgaon – Huda Affordable Housing Sohna Gurgaon

Home is where the heart is. Rightfully said, we all look for a house of our choice to reside in. Giving wings to this desire, HUDA has brought forth Affordable Housing Sohna Gurgaon so that every individual can invest and have a house of his very own.

Under Haryana Government Affordable Housing Projects in Gurgaon, many reputed builders are building projects in Gurgaon and Dwarka Expressway, keeping quality, comfort and cost, all three factors in mind. Since they come at a fixed pricing from the government, one can easily plan out his finances and invest in a project of his choice. Still, when it comes to investing your hard earned money, everyone wants to make the most suitable choice based on his needs and requirements.

Gurgaon has many new Projects Affordable Housing Sohna Gurgaon for the investors to choose from. Ranging from 1 bhk to 2 bhk, these projects built by various builders, are available with many amenities and facilities as well. Further being approved by HUDA, adds to the credibility of the project along with fixed pricing Call@9250933999, making it easily affordable and accessible for many.

Some of the renowned projects by renowned builders include Global Heights Sohna, Global Hill view Sohna road, Gurgaon, Tulsiani easy in homes, Arete our homes 3, the Millenia Gurgaon, AVL 36 and Apex our home Sector 37c Gurugram, to name a few. Starting from costs as reasonable as 12.5 lacs, these homes are located at very convenient locations, making everyday life easy and convenient. Be it commute or amenities and facilities, these projects offer all of them, at no extra cost!

So if you choose to invest in a lucrative place like Gurgaon or Dwarka expressway and have a budget, then Affordable Housing Projects in Gurgaon are the best place to invest, ensuring you have maximum value for your money while not compromising on credibility or quality either. Thanks to HUDA, for making the dream for a home, come true for all:

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Global Heights Sohna - Affordable Housing sohna Gurgaon @9250933999

With the iconic structure and world class amenities, the Global Heights Sohna Township has been developed in Sohna sector-33, Gurgaon. This Breez Builders and Developers Project is very close to KMP expressway which gives the project an excellent connectivity to the cities nearby. Because of the prime location and modern amenities available, the project becomes the most preferred place for those looking to buy their home at affordable price. It pulls the attention of property investors too because of the great price hike expected. The township is extended over nearly 10 acres of land developed with multistory towers and lush green landscape and open area for parking etc.

Project Global Heights Sohna Gurgaon is just one where you will have world class facilities encompassing luxurious living, spacious bedrooms, balconies, kitchens, well finished and painted walls designed and structured with all modern construction technologies. The township has been developed with all required facilities like soothing water bodies, eye catching landscape, children parks, children schools, gardens and many others which ensure your elite grand lifestyle in the Millennium city of Gurgaon. The best part is that the township is conceived under the Haryana Affordable Housing Scheme 2013. So, the homes are available at the most affordable prices.

Call @9250933999

Visit: http://www.globalheightssohna.in/

Address: 804-805, JMD Megapolis, Sector -48, Gurugram, Haryana 122002

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Paradigm Shift in Real Estate with Affordable Housing Projects

Today in India, the real estate sector is witnessing a paradigm shift. The focus has turned more towards affordable homes rather than luxury homes, which has made it possible for the middle and lower income groups to buy their own shelter. In residential properties, the strategic location of the place makes it a hot cake. In making the buying decision, excellent connectivity to all places through road, rail and metro and public service places in the vicinity become dominant.

There are a lot of factors that needs to be considered while looking for a suitable home. These are social, psychological and most important of all financial factors that need to be considered before making a decision. Some people may have more bandwidth to splurge while some may have a tight budget within which they have to negotiate and manage.

With the Indian Government taking proactive steps towards “housing for all”, the dream of owning a home will no longer remain a dream for Indians. It has also been given the infrastructure status which is sure to increase the interest of private builders in affordable projects. Infrastructure status will ensure easier access to institutional credit and help in reducing developers’ cost of borrowing for affordable projects. The reason behind taking this decision is to ensure housing for all by the end of the year 2022.

Further announcements made by the Indian Government are also sure to bring a radical change in this sector. The Government has also made an announcement regarding rented properties on which tax benefits are going to be curtailed, at the same time, the borrower will be allowed deducting the interest paid on the home loan after rental income adjustments are done.

According to the latest laws related to property tax, a property that gets sold within three years of its purchase will see the profit from this transaction as a short-term capital gain. The taxes will apply on the same as per applicable rates.

Many countries have witnessed turbulent real estate markets and the experts believe that it is soon going to take a turn for the better shortly. Well-planned and thought about steps and decisions are surely going to give a boost to this sector. The Government is on the right track and taking decisions to ensure a much-needed boost to this sector.

In addition to this, several reputed builders and developers are encouraging the concept of affordable homes by coming up with budget friendly projects. Amongst a plethora of developers present in the country, one of them who stand out from the league is Haryana Govt. Huda govt’s flagship project namely, breez developers is one of the best examples of affordable housing. The group believes in offering state of the art and Located on NH – 24, Gurgaon; Affordable Housing is truly an ideal destination to cherish a comfortable life. With the concept of affordable housing becoming a hit these days, innumerable people are looking forward to making the most of this opportunity.

Want to know more about Affordable Homes in Gurgaon? Get in touch with us by writing us in the comment box below.

http://www.affordablehousingprojectsgurgaon.com/

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GST and Its Effect On Affordable Housing

Change is the only constant thing in every sector.  With various reforms coming up in the real estate  sector, GST is the recent talk of the town. There are various goods and services which will have different rates prescribed by GST, which may impact their cost. A homebuyer going forward will have to pay 12% GST to purchase an under construction house. 

Earlier Real estate sector was heavily taxed but now 12% tax rate is definitely a welcome move in this sector. The previous multiple indirect taxes on the sector was higher and tax impact under GST will be neutral. GST will remove the multiple level tax burdens from buyers and investors, therefore removing the double taxation impact. However, 12% tax rate under GST seems to be favourable for the real estate industry.

Under GST, sale of under-construction real estate properties would be classified as a supply of services and would be liable for the payment of GST. However, the sale of completed real estate properties and land are exempted. Also, the service tax and VAT charges currently payable on the sale of under-construction properties would be subsumed by GST.

Hopefully, GST will boost foreign investment in real estate sector because of its uniformity and simplicity. It will imbibe confidence among NRIs to invest in Indian real estate market.

Further, the exemption of service tax for affordable housing has not been continued in GST. The only mention of affordable housing as per the list of ‘Service Tax Exemptions to be continued in GST ’is at entry no. 66 which reads as below –

Services provided by way of pure labour contracts of construction, erection, commissioning, installation, completion, fitting out, repair, maintenance, renovation, or alteration of a civil structure or any other original works pertaining to the Beneficiary-led individual house construction / enhancement under the Housing for All (Urban) Mission/Pradhan Mantri Awas Yojana (PMAY);

A comparison between the earlier tax regime and the new tax regime under GST for normal real estate and affordable housing is as below –

Earlier Tax Regime		Normal Real Estate		Affordable Hosuing
	Particulars	Tax Rate	Input Credit	Tax Rate	Input Credit
	Service Tax	4.5 %	Not Available	Exempt	Not Applicable
	VAT	0.65%	Not Available	0.65%	Not Available
	Total Tax	5.15%		0.65%
GST Regime	GST	12%	Available	12%	Available
	Total Tax	12%		12%

Source: Taxguru.in

Impact of GST will be significant as there is an increase of almost 12% in tax. Since RBI does not allow the funding on indirect tax part of the flats, this additional amount of 12% will be bore by the buyer directly to the builder.

Source : http://www.affordablehousingprojectsgurgaon.com/blog/gst-and-its-effect-on-affordable-housing/

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Professional Assistance to Deal in Affordable Housing Projects in Gurgaon

Accommodation is one of the primary needs for every person, but those, who have very low salary and big family responsibilities to follow, feel it very hard to buy their home in the big cities like Gurgaon. They always wait for the affordable housing scheme projects launched by the Government of Haryana. There are many government scheme projects such as Huda Affordable projects in Gurgaon and Sohna Affordable Housing Scheme. You can invest money in them. 

These affordable housing projects like Sohna Affordable Housing Scheme offer one BHK and 2 BHK flats at very cheap prices in comparison of other projects. But to buy flats with such projects, you need to be lucky enough. As the allotment of flats are based on the lucky draw. And those who become the lucky winner are allotted flats on very low prices, and this amount of the flat is paid in easy installments. 

In another way, you can buy such flats with such affordable housing projects. Once the allotment is done to all the lucky winners, some of these persons likely want to sell their flats. Sometimes they don’t like to relocate to these flats because of their job locations. Among those who participate in the draw, there are some persons who register their home just to avail advantage of hike in prices. They want to sell for some profits on the cost price of the flats. Thus if unfortunately, you are not one of those lucky winners, you can contact some reliable real estate agents who can best help you find such property owners who want to sell their own property.   

Source By : http://www.affordablehousingprojectsgurgaon.com/blog/

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