* About 1.25 lac
affordable dwelling units having carpet area of nearly 500 square feet carpet
area..!
For mass availability
of dwelling units at affordable rates through grant of licence, the Haryana
government has approved "Affordable Housing Policy 2013".
The policy will
ensure increased supply of 'Affordable Housing' in the urban housing market to
the deserving beneficiaries, it was informed at a meeting of the Haryana State Cabinet, which met here under the
chairmanship of Chief Minister Mr. Bhupinder Singh Hooda.
Through this policy,
the state government envisages to make available close to 1.25 lac affordable
dwelling units having carpet area of about 500 square feet carpet area each in
the urban centres of Haryana, which are constructed through the capital
investment of private sector within a period of next five years, an official
spokesman said.
"Once available,
this supply alone is likely to serve a lower and lower-middle class population
of close to 6 lacs in the urban centres of Haryana in the next 5 years
period," Mr. Bhupinder Singh Hooda said.
The size of
apartments to be constructed under this policy would be in the range of 28
square meter to 60 square meter carpet area.
The maximum allotment
rate for the apartment units approved under such projects would be Rs. 4,000
per square feet of carpet area in the development plans of Gurgaon, Fairdabad,
Panchkula & Pinjore-Kalka, Rs. 3,600
per square feet in the development plans of other high and medium potential
towns and Rs. 3,000 per square feet in the remaining low potential towns.
As a matter of
security against any possible delinquencies in completion of the project, the
coloniser would be required to furnish bank guarantee against the total
realisation from the project at the rate of 15% for areas falling in the
Development Plans of Gurgaon, Faridabad, Panchkula, Panchkula Extension &
Pinjore-Kalka and at the rate of 10% for rest of the towns, he told
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