Own Your Dream House At The Most Affordable Prices

Owning a house in Gurgaon and Delhi is considered a big deal nowadays. Dreams of having your own house seem really impossible and out of budget for a middle-class family with such high priced apartments and bungalows having all the amenities and plush surroundings. But, with Haryana government’s affordable housing scheme in Gurgaon, you can now connect to South Delhi and major commute areas and own your own house at affordable pricing. 

Sohna – South of Gurgaon is developing in every possible way and paving its way more and more towards urbanization. With development at such a pace, Sohna is set to become a hub for job opportunities and infrastructure development. Its location that connects with Delhi, Rewari, and Faridabad is a point has attracted many people including investors, real estate developers and inhabitants. 

Global Hill View Gurgaon gives you all the luxuries under the Huda Affordable Housing Scheme Sohna Road Gurgaon at the rates which you might not believe to be true. It includes all the amenities such as shopping areas and parks. Apart from the construction at such a location, that makes it more attractive choice for residence is its green lush landscape that gives you mind-pleasing feels, relaxation and right joy of living with such wonderful sight.

Global Hill View provides you 2BHK flats at the most affordable prices and that too with 0% maintenance for the first 5 years. The cherry on the top is its connectivity with KMP expressway,  Airport and Proposed Metro Station that eases out commutation. All these features make Global Hill View an apt choice for your dream house.

Read More

The Challenges and Opportunities of Affordable Housing in India

As other developing economies, India is also touching the boundaries of urbanisation and the pace of it is quite evident with the increase in percentage of urban population in recent past. As per Indian census, in 2011, 31% of Indian population contributed to urban population. According to estimates, around 600 million people are expected to make urban India their home by 2031, a whopping 59% growth over 2011. And to match this growth, the infrastructure of our country also needs to be developed. In India, home ownership is a dream for most of the “emerging middle class group”, “economically weaker sections” and “lower income groups”. They face various challenges when they think of buying any property.

·         The distance between the house and connecting areas makes a big difference on buying decisions of prospective buyers. The lack of land available in urban area makes the task of builders very difficult, this in turn poses a challenge to potential “affordable housing” customer of the connectivity with his work areas in the cities. This can be overcome if there is a rapid transit system of transportation available in the area.

·         The knowledge of various documents which needs to be provided to avail home loan facilities, still lack in various sections of society. This makes the task difficult for them to avail the loan facilities. Various financial institutions of our country should step forward and provide financial literacy to each section of society so that they don’t be deprived of their rights.

·         Many sections of society still do not know about such affordable housing schemes. The companies undertaking such projects should come forward and run various programs to educate these sections.

·         The rising cost of constructions and various taxes levied upon the customers makes the buyers take a backseat. Government should step in and make various committees to rule out the unnecessary taxes and turn this into single window clearances which will make this scheme accessible to all the needy ones.

Going forward, Government and builders jointly can bring harmony to the lives LIG’s and EWS of the society. The construction pace of such projects should also be looked upon without compromising the quality. Various taxes on construction material can be exempted which will in turn reduce the cost of ownership. New age technology can be incorporated for faster completion of the projects and granting possessions. Also, the local byelaws regarding parking etc should also be fine-tuned. The urban infrastructure should also be developed in relation to affordable housing projects so that the increasing demand of urbanisation can be met with the infrastructure of city.

In a country like India where a bus driver owns a latest technology mobile phone, but lacks the ownership of his house, affordable housing scheme might bring a great change. It will serve as a ray of hope for those who really want to fulfill the dream of having their house.

Source By :http://www.affordablehousingprojectsgurgaon.com/blog/the-challenges-and-opportunities-of-affordable-housing-in-india/

Read More