Affordable Housing Scheme - Gurgaon

Affordable Housing Policy is the significant policy to hail. The policy is important because it focuses on the middle income group people. This scheme allows the masses to attain the houses within their budget. Since most of the population in the present times is working as an employee in some organization and the budget they have is quite low. 

Inflation in the market has adversely affected the common men. The hike in prices of things does not let the people to live luxuriously if they do not earn in abundance. Keeping in mind all such obstacles, the government of India has framed a policy which is completely people oriented.

The motive of this policy is to provide homes to each family. In other words, we can say that the objective is to encourage the planning and completion of affordable housing project. Indian government understands the plight of common people and how they get looted at the hands of the builders; so they introduce a policy which favours people.

As the name suggests, under this policy the rates of properties will be nominal. Further, the rates and sizes of the projects are predefined by the government. The calculation of the area shall be done according to the carpet area. One of the greatest benefits is that the projects under this policy need to be completed within a targeted time frame.

Therefore, the client gets ensured that the investment in this project will not get wasted. The policy focuses on the supply of Affordable Housing in the urban housing market to the deserving candidates. Since the policy itself is affordable, there will be no other quota available for the EWS category.

Any Indian citizen having the citizenship documents can apply here. Besides, the preference will be given to the ones who do not have any house of their own. The payment method again is made easier for the benefit of the people. On the complete amount a confirmed 90% of bank loan shall be availed and remaining 10% has to be paid by the individual. 

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