The 1,400-acre project, that will house 70,000 families, is expected to be completed within six months. Haryana Urban Development Authority (Huda) will develop 1,000 acres, while the rest will be developed by private players like Emmar-MGF and DLF.
The cost of the flats and type of dwellings are still being worked out. However, it is learnt that the rate of Huda flats will vary from Rs 13 lakh to Rs 50 lakh, depending on the size and location. Comparable dwellings in Gurgaon begin with a price tag of Rs 30 lakh at present. According to Huda rules, all such residential projects have to leave 10% for economically weaker sections and another 10% for multiple housing units (group housing societies).
``We have decided to deviate from the earlier practise by readying complete infrastructure on the site before unveiling the housing schemes by Huda or private builders. Our other guidelines for housing poor and economically weaker sections remain unchanged,'' said TC Gupta, director, town and country planning and special secretary, housing.
Gurgaon to become housing-haven with 70k affordable houses soon