4 Comments

Affordable Housing Roundup | Gurgaon

MINIMUM AND MAXIMUM AREA FOR SUCH PROJECT

The minimum and maximum area for
such projects shall be 5 acres and 10 acres respectively irrespective of the Development Plan
where such a project is proposed.

To Buy or Not to Buy: That Is the Developer’s Question
ALLOTMENT RATES; ALLOTMENT & ELIGIBILITY CRITERIA:

(i) Allotment Rate: The allotment rate for the Apartment units approved under such projects
shall be as follows:
a. Gurgaon, Faridabad,
Panchkula, Pinjore-Kalka
Rs.4,000/- per sq. ft. Rs 500 per sqft against all
balcony area in a flat adding
up to and limited to 100 sqft, as
permitted in the approved
building plans.
b. Other High and Medium
Potential Towns.
Rs.3,600/- per sq. ft.
c. Low Potential Towns Rs.3,000/- per sq. ft.
NOTE: ♯ : Such cantilevered balconies (unsupported on three sides) shall not be part of the carpet area
and shall continue to be allowed free-of-FAR.

(ii) Eligibility Criteria:
a. Any person can apply but a person which includes his/her spouse or his/her dependent
children who do not own any flat/plot in any HUDA developed colony/ sector or any
licensed colony in any of the Urban Areas in Haryana, UT of Chandigarh and NCT Delhi
shall be given first preference in allotment of flats. An applicant in a specific colony shall
make only one application. Any successful applicant under this policy shall not be eligible
for allotment of any other flat under this policy in any other colony. In case, he/she is
successful in more than one colony, he/she will have a choice of retaining only one flat. All
such applicants shall submit an affidavit to this effect.
b. Up to 5% of the total number of flats as approved in the building plans may be allotted by a
licensee to its employees/ associates/ friends/ relatives etc. subject to the disclosure of
their name/address and other identification details to the allotment committee and the
allotment procedure for such flats shall also be completed along with the draw of flats for
general category flats. The rates and eligibility criteria prescribed under this policy shall
continue to be applicable on such preferential allotments also and the allotment procedure
shall be completed along with general category flats. In case fewer allotments are made for
such preferential category flats, the extra availability shall be merged with general
category allotments.

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