Gurgaon to become housing-haven with 70k affordable houses soon
Quotes

Gurgaon to become housing-haven with 70k affordable houses soon

Last Updated: Monday, November 30, 2009, 23:20
 
 Comment 0
 
Gurgaon to become housing-haven with 70k affordable houses soon
Zeebiz Bureau
 
Chandigarh: Finding an affordable house in the NCR will soon become a realized dream for lucky 70,000 families soon. The Haryana Government has decided to play a business-minded Santa who invariably makes the receivers happy. It has come out with a mega project in Gurgaon Sectors 58 – 115, the Southern periphery of the industrial city.
  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.


First Published: Monday, November 30, 2009, 23:20


Comments


comments powered by Disqus
World Economic Forum 2015
World Economic Forum 2015
G20 Summit 2014
G20 Summit 2014
2014`s Top People in Business: Fortune
2014`s Top People in Business: Fortune
World Bank`s Top 10 Places for Business
World Bank`s Top 10 Places for Business
India`s top ten billionaires
India`s top ten billionaires

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved