E - PAPER

CURRENT MONTH

LAST MONTH

VIEW ALL
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
search
  1. Home
  2. News/Views

Gurugram Town Planning Invites Bids for Affordable Housing

The department of town and country planning (DTCP) has invited fresh applications from builders to develop affordable housing projects on about 3,000 acres. Although the Haryana Affordable Housing Policy was introduced by the state government in 2013, economical houses have been built on only 450 of

BY Realty Plus
Published - Tuesday, 03 Nov, 2020
Gurugram Town Planning Invites Bids for Affordable Housing
The department of town and country planning (DTCP) has invited fresh applications from builders to develop affordable housing projects on about 3,000 acres. Although the Haryana Affordable Housing Policy was introduced by the state government in 2013, economical houses have been built on only 450 of the 3,500 acres earmarked for the projects. Seven years ago, 80 such affordable housing projects were planned in Gurugram under the new policy. Around 50% of them failed to even take off. Records sourced from the DTCP show that only eight of the 80 projects have been completed till now and granted occupancy certificates. According to the policy, an affordable housing project has to be completed within four years from the date permissions are granted to the developer. Sources said one of the primary reasons for the lukewarm response to the policy was the high cost of land in the sectors where the projects had been planned. Most of these projects are supposed to come up in the residential sectors of New Gurugram and along Golf Course Extension Road. The affordable housing policy has also undergone a change. Earlier, only 15 acres in any residential sector would be available for building economical houses. But after the policy underwent an amendment in 2019, the maximum area that could be utilised in any sector was increased to 30 acres. KM Pandurang, the director of DTCP, said the builders whose applications had been rejected earlier could now apply afresh after sorting out the deficiencies that had led to their rejection. The developers could apply before November 25 for getting the licence to build affordable houses in Gurugram and other towns. “The department will scrutinise the applications and other related documents before giving the approval.

RELATED STORY VIEW MORE

HoABL Onboards Ketan Bharati as Head, Media Strategy & Performance Marketing
Incuspaze Appoints Mayank Kaushik as COO and Kapil Poddar as CFO
Sam Chopra Appointed President of eXp Realty India

TOP STORY VIEW MORE

Retail as a Real Estate Anchor: Redefining Tier 2 Cities

Umang Jindal, Founder at Homeland Group talks about driving urban growth through commercial projects.

29 May, 2025

US Based Panattoni To Invest €100 Million In India’s Key Industrial Hubs

29 May, 2025

Africa’s Dubai — Lagos Mega-City With Luxury Homes

29 May, 2025

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTH

  • LAST MONTH

Subscribe To Realty+ online




Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

TERMS AND CONDITIONS

PRIVACY-POLICY

COOKIE-POLICY

GDPR-COMPLIANCE

SITE MAP

REFUND POLICY

Contact

Mediasset Holdings 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © 2024 Mediasset Holdings.
Rental Mobil bandung,Sewa Mobil Bandung, Rental bandung, Sewa Mobil, Jual Mesin Antrian, Harga Mesin Antrian, Mesin Antrian Murah, Jual KIOSK,Mesin Antri, Berita Terkini, Info Bray,Info Tempat Wisata,Portal Berita,Jasa Website