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List of PMAY Projects in Delhi affordable housing in delhi ncr, affordable housing scheme in delhi, List of PMAY Projects in Delhi Srishti Chandola May 14, 2018

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In Delhi-NCR, the inventory overhang in inching at continuous intervals coupled with declining the sales volume. The demands for affordable homes reached the maximum in last quarter, ending March 2018. It certainly has been reported that there was a deficit of over 11 million residential units for the economically weaker section as well as lower-income groups, painting a clear image of supply and demand disequilibrium. To bring the state of equilibrium, Central Government has approved many houses in the region under PMAY to meet the residential need. Since the launch of the housing scheme, the government has sanctioned over 40 lakh affordable homes across the country to date. Out of all the sanctioned homes, about 18 lakh units have certainly been grounded for construction. Over 10% of complete sanctioned homes have been completed. A total number of housing units developed under mission has reached 3.39 lakh. Exactly 2.97 lakh units have been occupied under the PMAY. Till December 2017, 60,000 homebuyers availed the interest subsidy under the CLSS> of these, over 3,000 are from middle-income group. With extension granted to the home buyer to avail the interest subsidy of around Rs 2.6 lakh for middle-income group apartments till March 2019, it is actually expected that more home buyers will go for the homes linked with subsidy scheme. The banks have approved the huge amount of loan against properties linked with the CLSS under PMAY. Numerous applicants are increasing with each of the passing days. The applicants are primarily applying for a loan for the LIG and MIG apartments. Various housing projects in Delhi-NCR are linked with Government’s ambitious scheme, PMAY. This basically means that the home buyers can avail interest subsidy on the first home. Noida, Gurgaon and Greater Noida account prime share of such projects. The residential options begin from 1RK and go up to 4 BHK. Let’s take quick round-up all the housing options available, presently in the region.

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Gurgaon Considered as Delhi-NCR’s IT hub, Gurgaon has numerous affordable housing projects with superior connectivity. The homebuyers can choose his prime home from 35 housing societies that are linked with subsidy scheme under PMAY. There are various 2 and 3 BHK residential options available in sectors like 15, 92, 76, 37C, 109, 85, 78 and 110A. Here, the price of apartments begins from Rs 45 lakh. Noida In Noida, expansion, and development of connectivity projects are expected to shape up the real estate market in the coming quarters. Numerous residential options under this scheme would boost the complete growth of the real estate sector. Most of the residential projects have been linked to credit linked subsidy scheme that would provide shelter at a decent price. Localities like sector 45, 46, 119, 117, 121, 134, 120, 135, 100, 113, 168 and 76 have a good number of housing options under PMAY. All these projects are linked with the subsidy scheme as well. There are almost 70 housing projects that are linked with CLSS under Pradhan Mantri Awas Yojana with a lot of housing options that begin from Rs 30 lakh. Greater Noida Over 40 housing societies with numerous affordable ready to move properties are available in Greater Noida. The area has some great affordable homes in comparison to other regions of the National Capital Region. Here, 1 BHK will certainly cost around Rs 12 lakh. The home buyers can easily find 2 BHK unit in the price bracket of Rs 15-30 lakh. Popular localities in this region include Sector ZETA 1, Greater Noida West and Alpha 1. Ghaziabad

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In Ghaziabad, the Crossing Republik and Raj Nagar Extension hold a prime chunk of homes under PMAY. Out of the 80 housing societies, these 2 localities account 50%. 2 and 3 BHK housing options are common in Ghaziabad. The price range begins from Rs 23 lakh. Other major localities include Mohan Nagar, Vasundhara, Indirapuram, and Vaishali. Faridabad In Faridabad, the sectors located at Nehar Par are actually linked with CLSS under PMAY. Some of the famous sectors of the area are sectors 80, 88, 70, 84, 86, 77 and 75. Over 22 housing societies with 2 and 3 BHK options are attached with subsidy scheme. Delhi Being hub of expansive housing localities in India, Delhi has around 15 housing societies where the home buyers can easily get prime home at affordable rates beginning at Rs 15 lakh. Most of the popular localities having housing options under PMAY in Delhi are Avantika, Pitampura, Uttam Nagar, Khanpur, and Dwarka. Also, it offers 1 BHK options as well. The Delhi based real estate agent has informed the home buyers are preferring houses linked with the subsidy scheme under PMAY. The queries for apartments are mounting. Lack of subsidy linked units hampers buying the sentiments. The situation is expected to improve once sanctioned affordable homes are built as well as ready for sale.

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List pmay projects delhi  

If know about List of PMAY Projects in Delhi ? visit us given informational web page. http://www.favista.com/blog/2018/05/14/list-pmay-proje...

List pmay projects delhi  

If know about List of PMAY Projects in Delhi ? visit us given informational web page. http://www.favista.com/blog/2018/05/14/list-pmay-proje...

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