Looking for affordable housing in NCR? This should interest you. The Haryana government has decided to come out with a megaproject in Gurgaon after a gap of more than five years.
The 1,400-acre project, coming up in the southern periphery of Gurgaon (Sector 58-115), will provide accommodation to about 70,000 families. The project 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).
More : timesofindia.indiatimes.com
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