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Should You Invest in HUDA Affordable Housing Scheme?

Affordable housing has become the buzzword of the real estate industry in recent years. With the implementation of an affordable housing scheme in the nation, different cities have different allotted areas for affordable housing projects.

In a recent media meet, Haryana Housing Minister, Krishan Lal Panwar, said that about 400 acres of land have been used for the construction of houses.

These land banks were under Town and Country Planning Department, Urban Local Bodies Department, and Haryana Shehri Vikas Pradhikaran. He further quoted that the state government has the scheme to construct about 1,700 flats for people belonging to BPL category in Gurgaon. And for this scheme, they have already received 2,500 applications.

Therefore, it can be said that the state of Haryana has been a major contributor to the success of the affordable housing scheme under Pradhan Mantri Awas Yojana (Housing for all by 2022).

However, why should one invest in HUDA affordable housing scheme? What are the benefits of investing in the affordable housing scheme?

Let me answer these questions one by one. First, I will answer why one should invest in HUDA affordable housing scheme?

  • Houses bought under this scheme are comparatively cheaper than the Delhi Development Authority (DDA) flats.
  • Locations of these affordable homes are strategic.
  • One can resell the property after a year of possession.
  • The carpet area will help buyers to save 25-30% of the prices as compared to DDA flats.
  • People who are working in the outskirts of Gurgaon, like Sohna Road, Hisar, etc.,

Second, what are the benefits of investing in affordable housing of HUDA? There are numerous benefits of investing in such projects. An individual looking to buy a home gets a wide range of choice for affordable homes offered by prominent real estate developers.

For example, Agrante Kavyam, Sector 108, developed by Agrante Realty offers 2 BHK affordable flats on Dwarka Expressway Sector 108. The residential project also offers excellent amenities for its potential residents. The location of the project shares proximity with major and important places of Delhi NCR.

Agrante Sector 108 is only 15 minutes away from Indira Gandhi International Airport and to a proposed metro station. This ultimate place of abode offers its residents a peaceful and tranquil environment for a life away from the chaos of this fast-paced life.

Excellent lifestyle amenities such as hi-tech security, complete firefighting, and fire alarm system, car parking and visitor’s parking, 24*7 power backup is available for the common or shared area, 24*7 CCTV Surveillance for the security of the residents.

But why should you actually buy Agrante affordable housing Gurgaon? 2 BHK affordable flats Agrante Sector 108, is RERA registered and it demands no extra charge for maintenance for the next 5 years. and the best part is a potential home buyer has to pay the amount per size of the carpet area. Spread over 5 acres of expanse land, Agrante Kavyam Sector 108 Gurgaon, will have 8 towers and will house 723 apartments.

The affordable housing market is flooded with numerous other options that one can opt for if one wishes to live in a good locality. Moreover, a wise investment also yields in higher returns. Hence, while choosing your home, keep a few things in mind and always make an informed decision.

December 31, 2018 / by / in
Urban Properties: Housing sector records positive growth of 50% last year but recovery resisted by liquidity crunch

Real estate developers and consultants hope demands to remain not so encouraging due to recovery from financial reforms and upcoming elections.

Delhi/NCR: Housing reforms attracted home buyers which give a boost in real estate recovery and marked almost 50 percent upward progress across major Tier- 1 City on stable rates. But recent economic reforms slow down the delivery rate of units which causing worries across homebuyers.

However, the as foreseen recovery is significant after three major economic reforms in Indian history which constitute a blend of RERA, GST, and Demonetization in the realty sector.

Crises in liquidity of NBFC and upcoming elections will impact sales rate in the first quarter of 2019. As per experts opinion, the sales may surge in the further quarters if the proposal for GST amendment to cut GST rates on under-constructed flats from at present 12% gets the green signal. Liquidity situation is also expected to be improved among NBFCs which have their major investments in real estate thus boosting the overall growth.

The new buzzword in real estate is “Affordable Housing” helping residential segment to recover slightly from its lows in 2017 when this sector hits hard after Demonetization. RERA and GST are also implemented in 2017 in the month of May and July respectively.

As per the latest report of JLL Private limited, ANAROCK and PropTiger housing sales showed an estimated rise in the sales on housing was estimated to rise 47% in seven cities, 16% in seven cities, 25% in nine cities respectively, however on a concessionary price.

The demand for apartments in 2019 remain same due to excessive supply but the demand for “ready to move in” flats would be high on account of low risk and excluded GST.

The enforcement of RERA and GST in 2017 is likely to bring transparency in real estate next year and plunk constraints on the projects of reneging developers like Unitech, Jaypee group etc. The RERA will adjure treachery for upcoming projects in real estate.

December 28, 2018 / by / in
A Plunge in Affordable Housing Launches Affects Gurgaon’s Real Estate

According to a report released by the Grant Thornton India, 6th largest U.S. accounting and advisory organization, the transformational shift in the Indian real estate sector happened due to 4 major factors, namely, introduction of RERA (Real Estate Regulatory Act), GST, Affordable Housing (under Pradhan Mantri Awas Yojana), and the much hyped and talked about concept of Smart Cities.

                These above 4 factors changed the entire landscape of the real estate industry in India. The advent of RERA holds much significance for the developers, stakeholders, investors, and potential home buyers as well. Under this act, the real estate developers are bound to deliver their projects by the committed deadlines. Or else, unnecessary delay in the delivery of the projects may attract severe penalties.

This act also brought in complete transparency on the project approval, its stages of construction and the exact date of delivery of the project.

The Government of India rolled out several incentives to improve the affordable housing segment. With the introduction of CLSS (Credit Linked Subsidy Scheme) for the MIG (Middle Income Group), the extension of loan tenure was increased for 15 years to 20 years, which will help the 1st time home buyers to great extent.

In the 1st half of this year 2018, affordable housing launches in Gurgaon witnessed a phenomenal drop by 60%. However, Dwarka Expressway contributed 28% towards residential project launches.

This micro-market launched nearly 1,000 units. Hence, the area is quite a good choice for investors and potential home buyers who are looking forward to a fruitful investment in real estate this year. A major reason for investment in this locality is that it has been considered as the focal point in the Gurgaon-Manesar Master Plan 2031.

                With more than 120 residential projects in the area, it is one of the most sought-after realty investment hotspots of Delhi NCR. Amidst all these, prominent, reputed and well-known real estate developers, Agrante Realty Pvt. Ltd. has launched Agrante Kavyam Sector 108 Gurgaon.

This project will offer all the basic and much-needed lifestyle amenities to the inhabitants. The project proffers 2 BHK affordable flats on Dwarka Expressway, Sector 108. Developed under HUDA, Agrante Affordable housing Gurgaon will prove to be the best choice for individuals who are looking for an affordable home in a strategic location to live in.

The residential project will yield high returns on investment after a few years as it shares direct connectivity with Indira Gandhi International Airport and the millennium city Gurgaon. Apart from that, a diplomatic enclave is coming up right along this stretch where all the diplomats will have their residences and offices. Dwarka Expressway is well-connected to the metro corridor, NH-8, and other areas of considered importance.

                Recently, this micro-market witnessed higher profit margin in terms of property purchasing as many people are investing in affordable homes in Dwarka Expressway. With the rapid infrastructure and social development, the real estate trend of this locality will definitely move upwards.

If you are looking to invest in 2 BHK Flats on Dwarka Expressway Sector 108, then Agrante Kavyam, Sector 108 is one of the best options that you should consider.

The Northern Peripheral Road otherwise known as Dwarka Expressway has become trending in the real estate industry for everyone, including the buyers, investors, stakeholders, and real estate developers.

December 27, 2018 / by / in
Agrante Kavyam: New Face of Affordable Housing in Gurgaon

Real estate is booming undoubtedly, especially in emerging economies. It has been observed that people in mass are relocating to the cities due to several factors. Cities offer various employment opportunities, easy access to education, healthcare, complemented with improved standards of living.

However, a stark difference between housing supply and demand has resulted in an imbalance in the housing industry. This led to the advent of affordable housing policy in India. Leveraging this opportunity, several prominent and renowned real estate developers such as Agrante Realty Ltd. are coming up with affordable housing projects in top locations across the nation. One such esteemed and under construction, residential project is Agrante Kavyam Homes Sector 108 Gurgaon.

This RERA registered project under HUDA Affordable Policy will house approx 723 apartments and shares close proximity to the Indira Gandhi International Airport and also to the capital – Delhi.

This major housing initiative taken by the Government of India will help real estate developers to implement innovative methods to help streamline the approach to tackling the housing issue. According to a report published by one of the Big Four Auditors, KPMG, Indian realty witnessed billion dollars plus deal in Gurgaon. Therefore, it can be said that the past two years have proved to be landmark years for India’s real estate landscape.

The flagship scheme introduced by NDA led government, Pradhan Mantri Awas Yojana (PMAY), didn’t receive much participation in its initial stage. However, with the gradual passage of time, the scheme gained huge popularity and more and more reputed real estate developers started taking interest in the scheme.

The result of the wide participation is reflecting in the reports wherein the housing industry in India has performed exceptionally well as compared to earlier years. The residential market needed clarity and transparency in the process and new regulations, and changes in the policies introduced that much-needed clarity and transparency.

One more major contributor to the growth of real estate in Gurgaon is the adoption of technology in the real estate industry. Emerging technologies are dissolving the traditional issues that used to crop up. Some major issues faced by this particular industry are maintaining the land records, land ownership rights, and procuring goods and services from a trusted source at a feasible price and cost.

Recommended Post: Top reasons to invest in Agrante Sector 108 Gurgaon

These issues were solved with the help of popular blockchain technology. The state of Andhra Pradesh has already tied up with a Swedish start-up company to develop a block-chain based solution for its real estate related issues.

Final Word:

Affordable homes in smart cities are rapidly gaining momentum powered by adoption in technology. Gurgaon is in the cusp of transformation with the trend of PE (Private Equity) players and NBFC’s investing in the housing finance companies, especially with those, whose primary focus is on the affordable housing segment.

In the coming years, this sector will garner immense support from numerous stakeholders, investors, and developers. The growth momentum of affordable housing in India will soon witness an upward trajectory.

December 24, 2018 / by / in
Things to consider before making investments in Apartments at Agrante Sector 108

Are you looking to buy your dream home in Gurgaon with all the luxurious amenities and facilities? Almost everyone has a dream to find a luxurious apartment at an affordable price at the desired location. At the present time, Gurgaon is considered as one of the perfect locations while going to make investments in residential property.

Today, you can find your dream home in the project of Agrante Sector 108 available on Dwarka Expressway (Northern Peripheral way). They are going to provide affordable and luxurious Apartments to the residents who are interested in Apartments having different carpet options according to the budget.

There are some of the important factors to consider before investing your money in these residential Apartments at Agrante Realty Affordable Housing Sector 108.

investments in Apartments at Agrante Sector 108

Look for the perfect carpet area option:

In this residential project, the customers will get the option of different carpet area according to the budget. They are providing 1BHK, 2BHK and 3BHK flat options so you can consider you are space requirements to make the perfect choice from all these options of residential apartments.

Location of the apartments:

If you are interested in these affordable housing Gurgaon, you should search for the perfect location close to airport and Delhi.

You can go for Agrante Sector 108 Apartments because it is located 1 km away from Delhi Border and 3 km from airport. This place is surrounded by Experian, flat cost 1.5 Cr. & Raheja, Godrej flat cost @2 cr. Therefore, there is a good location with all the facilities for residents.

Compare the amenities and facilities:

There will be different housing schemes subsidized by central Govt. under Pradhan Mantri Awas Yojana in Gurgaon. It is always great to compare the amenities and facilities available in the apartments so that you can make the right decision according to your lifestyle requirements.

Always get the complete information about the amenities available at the apartments as well as facilities at the nearby locations for better transport, shopping and Society services.

The scope of increased price in future:

Always know if there is a scope of increase of the price of departments in future. In Gurgaon Sector 108, there will be benefits of an increase in the price of the apartments in future so you can make a good profit by making the investments in this property at the present time. It will be beneficial if you want to double your amount at the time of possession.

By considering all these factors, you will definitely make a better investment in the Agrante affordable sector 108 Gurgaon.

We are always dedicated to offer complete help to every investor who is looking to find the true value of money by taking the right decisions for investments in property.

Stay connected with OPS Realty to get the latest updates.

December 5, 2018 / by / in
Top 5 Affordable Housing Projects in Gurgaon

“If you’re looking to purchase affordable housing in the millennium city, Gurgaon, now called, Gurugram, then you’ve come to the right place”.

Out of the many ongoing and completed housing projects in Gurgaon, we have shortlisted for you the top 5, affordable housing projects in Gurgaon. It’s not easy to buy or rent a house in the Gurgaon, owing to the exorbitant prices, but it’s also not impossible.

There are many upcoming and completed housing projects in Gurgaon that are affordable and within your budget range. We have the top 5 latest and affordable projects for you to choose from.

Find below the top 5 latest affordable housing projects in Gurgaon:

  1. OSB Golf Heights, Sector- 69, Gurgaon

This is an Ocean Seven Buildtech project, who launched the OSB Golf Heights as their next affordable housing project in Gurgaon. This housing project is located in 5.4125 acres of posh land near Southern Peripheral Road with smooth connectivity to Golf Course and Sohna Road, both of which are prime locations of Gurgaon.

OSB Golf Heights has a total of 158 units of 1BHK and 628 units of 2 BHK apartments. These are spread over 5 towers. There are not more than 30 floors in two towers and 14 floors in three towers.

  1. Mahira Homes, Sector- 68, Gurgaon

This Mahira Group project is guaranteed to be affordable because it is under the Haryana Affordable Housing Policy 2013. It is coming up at sector 68, Gurgaon near Southern Peripheral Road and the famous, Sohna Road. It is spread over a land of 10 acres and is at short distance from popular landmarks like Rajiv Chowk, NH8, Iffco Chowk etc.

There are three housing options available in this housing project. They have one bedroom, two bedrooms and three bedrooms’ options available as per your needs and requirements. The allotment of these flats will be done in a unique manner, which is the lucky draw.

  1. Pyramid Urban Homes 3, Sector- 67 A, Gurgaon

This project is the third housing project by the Pyramid Infratech group. After the success of their first two, Pyramid Urban homes, Sector- 70A and Pyramid Urban Homes 2, Sector- 86, this is the third project in line.

Sector 67 is predicted to be one of the poshest and attractive residential areas of Gurgaon and Pyramid Urban homes, being an affordable housing project seems like the perfect fit. It is well connected to NH8 and nearby areas. It is spread over 10 acres with 50% dedicated open area.

  1. Signature Global Sector- 63-A, Gurgaon

This is a new project by the Signature Global group. This housing project is known for its architectural aspects, design innovation, engineering and modern technology. This project is well spread over sector- 63 A of Gurgaon city. This is well connected to the golf course extension road and is surrounded with lots of green areas.

Recommended Post: Agrante affordable sector 108 : Upcoming Affordable Housing Project in Gurgaon

  1. Maxworth Aashray Affordable housing, Sector- 89, Gurgaon

This housing project by the Maxworth Infrastructures Pvt. Ltd. Aashray, an affordable housing project, is located in Sector-89, which is on Main Pataudi Road (State Highway) only 2kms from the Dwarka Expressway crossing. This prject has a total of 766 units consisting of 1BHK, 2BHK and also a 2BHK (plus study) apartments. This is spread over an area of 5.2 acres.

So, here you have the top 5 affordable housing projects in Gurgaon for your perusal. Go ahead and get your dream home within your budget, because dreams CAN come true.

December 5, 2018 / by / in
Which is best for Investment – Dwarka Expressway or Agrante Sector 108 Gurgaon?

If you are looking to buy an apartment in both of these areas or you want to choose the best between both of them. For that comparison, you can collect some information about both these projects and by doing a comparison you can choose the best area to invest.

Overview of Dwarka expressway:

The area of Dwarka Expressway is connected to NH-8 nearby, and also a list of amenities of this location is very much. This project under comes into Huda affordable housing policy and authorized or issued by the government of Haryana.

Many 1 BHK and 2 BHK flats are available here at Dwarka expressway within some standard size compared to the market.

Overview of Agrante sector 108 Gurgaon:

The Agrante Realty Company is running this project for providing affordable houses to many buyers, this project under comes in affordable housing schemes conducted by the government of Haryana.

At this area, the flats are available from Rs. 400/ per sq.ft and the developers of this project are very professional and experienced in this same line.

Payment Plan of Agrante sector 108:

TIME OF PAYMENT PERCENTAGE OF THE TOTAL PRICE PAYABLE
AT THE TIME OF APPLICATION 5% OF FLAT COST
WITHIN 15 DAYS FROM THE DATE OF ALLOTMENT 20% OF FLAT COST
WITHIN 6 MONTHS FROM THE DATE OF ALLOTMENT 12.5% OF FLAT COST
WITHIN 12 MONTHS FROM THE DATE OF ALLOTMENT 12.5% OF FLAT COST
WITHIN 18 MONTHS FROM THE DATE OF ALLOTMENT 12.5% OF FLAT COST
WITHIN 24 MONTHS FROM THE DATE OF ALLOTMENT 12.5% OF FLAT COST
WITHIN 30 MONTHS FROM THE DATE OF ALLOTMENT 12.5% OF FLAT COST
WITHIN 36 MONTHS FROM THE DATE OF ALLOTMENT 12.5% OF FLAT COST

Which area will be better for you to invest?

When you have this same question in your mind about which area will best for you to invest then you can compare things like amenities, location benefits along with price to choose the best area for investment.

Agrante sector 108 Gurgaon:

Agrante sector 108 Gurgaon is without any doubt a profitable area to invest because of the following reasons:

  • Best Amenities:

You will get better amenities at better prices at Agrante sector 108. From your basic need to advance you will all get at this place?  The amenities like 24/7 power backup, kids play area, fire management system and electrical elevators will be there in this area.

  • Best price and location benefits:

You will get better location benefits in this area with some less payment that can help you to choose this place instead of others. This area is 15 minutes away from IGI airport, and just 5 minutes away from nearby metro station.

Dwarka Expressway:

  • Amenities:

You will get world-class amenities at this area of Dwarka Expressway, from the power and water supply to playing and Yoga area you will get all here.

  • Location benefits:

This area is closely connected to national highway 8. The metro station is not so far, so as the IGI airport. Shopping malls, educational institutes, and retailing shops are very close.

On the basis of this comparison of Dwarka expressway and Agrante sector 108 Gurgaon, you can make your decision to invest in best possible area according to your choice.

December 5, 2018 / by / in
Affordable Housing in India: An Emerging Investment Hotspot

Real Estate Journey to Affordable Housing

In the past few years, the Indian real estate industry has witnessed many major transformative reforms with the introduction of landmark policies such as RERA (Real Estate Regulation Act), PMAY (Pradhan Mantri Awas Yojana), REITs (Real Estate Investment Trust), and GST. RERA aimed at increasing transparency and accountability in one of the most vulnerable markets of any country.

The real estate industry has always played a tremendous role in shaping the economy of our country. The year 2018 has proved to be a major turning point for this industry in various ways.

                Not so long ago, the Indian real estate industry was struggling with unsold inventory and negative cash flow due to the long delay in the delivery of residential projects. And today, this industry contributes 6-7% to the GDP of India. A report states that there is a dearth of 18 million homes in India and the government has taken an initiative to provide “Housing for All by 2022”.

Affordable housing will act as a platform to bridge the housing shortage gap in India. Accessibility of land, moderation in development norms, faster approvals for affordable housing projects, strong classification of affordable housing and healthier orientation between central and state policies are some of the factors that need to be addressed to permit the segment to attain its full potential.

                The government’s agenda of building 10 million homes by 2019 for families living in ‘Kucha’ houses was comprehended through PMAY scheme. The scheme initially meant to cover buyers in the EWS (annual income not exceeding INR 3 lakhs) and LIG (annual income not exceeding INR 6 lakhs) sections also included the mid-income group (MIG), with household income up to INR 18 lakhs per annum.

The scheme known as Credit Linked Subsidy Scheme for Middle Income Group (CLSS for MIG), will encompass of two slabs covering anyone with a household income between INR 6 lakhs and INR 18 lakhs per annum to gain the benefits of subsidized loans.

Amidst all these, HUDA (Haryana Urban Development Authority) took an initiative to develop the infrastructure of a few demanded areas in Gurgaon, which are in the process of becoming the pivot point of affordable housing in India. OSB Expressway Towers is the best affordable housing in Dwarka Expressway, which is expected to yield high returns on investment.

                OSB Expressway Towers Sector 109 Gurgaon is an affordable housing in Dwarka Expressway; therefore, interested buyers may check their next move before investing in the affordable homes in this region. OSB Sector 109 will prove to be a buyer’s ultimate choice for affordable housing.

The housing sales volume has gained pace in recent years due to affordable housing projects. The need and demand for affordable housing in the Indian context is gaining momentum and many prominent real estate developers are headed for a product of enhanced mass appeal – affordable housing.

Read Also: HDFC disburses Rs 1,100 crore subsidy to 51,000 home buyers under PMAY 

The improved home affordability in our country is due to a number of factors, which contributes towards the exponential growth oh housing demand. The huge demand for affordable housing outpaced the demand for premium and luxury housing segment.

As real estate developers witnessed a concrete solution for their liquidity issues, they also started to take immense interest in providing affordable homes in India

November 19, 2018 / by / in
Developed Area Vs Developing Area for Real Estate Investment

real estate developer gurgaon

What would you have chosen – a developing neighbourhood or a developed neighbourhood? Of course, it is a developed neighbourhood!

Whenever you start searching for your dream home, you look for the proximity to the road, metro, rail and air connectivity. A developing neighbourhood may lack all these but a developed neighbourhood already has all these facilities.

Sohna Road in Gurgaon is one such place, which is a home to some of the most elite housing projects, corporate parks and educational institutions. It is approximately around 7-8 km from the DLF Cyber Hub and 14 km from Delhi International Airport.

The nearest metro station is Huda City Centre, which directly connects to Delhi, Noida, Faridabad and Ghaziabad. In near future, it has been also proposed that there will be an extension in metro connectivity from IFFCO Chowk to Manesar IMT via Sohna Road. The discussions are still underway for extending the metro line and connecting it to Jaipur, Rajasthan, but it is quite early to quote this development.

The proposed ISBT Gurgaon is 10 minutes’ drive from Sohna Road. Some parts of Gurgaon are still inhabited by the locals making it difficult for expats to lead the way of living they choose to. While some parts are influenced by local residents and are in denial for development, other parts are extremely developed and posh to look for affordable houses in these areas.

Sohna Road and Southern Peripheral Road offer a value proposition where the cost of living is low but equally promises to provide a lavish comfortable life and connectivity to the rest of the city.

In the midst of all these, Ocean Seven Buildtech came up with its affordable housing segment that is OSB Golf Heights in Sector 69, Gurgaon. Here the real estate developer aims to provide a comfortable lifestyle at a reasonable price.

Best affordable housing project OSB Golf Heights is surrounded with many renowned housing projects such as Tulip Lemon, Spaze Corporate Group, etc. which are already constructed and families and corporate have started operating from these places. This project is outlined in 5 acres of vast land with 2 iconic and 3 regular towers. These units have an attractive design and are going to have 158 1BHK and 628 of 2 BHK.

The expected date of delivery of these homes are set to 4 years from the date of launch i.e. in 2022. There are two entries for this project. One is 24-metre-wide road and the other is a 60-meter-wide road from the west side of the project. It is 1 km far from Sohna Road keeping you away from the daily honking of air-polluting traffic and providing the resident with a peaceful stay.

Also, not to miss the really important thing for the families. That is a good educational institution for their kids at the safe and close vicinity.

This locality has two very renowned schools such as Indus World School and The Vivekanand School. These schools impart very good standard of education and many existing residents of this area have already their ward in these schools.

With all the facilities in just a stone throw distance, what else would an individual look for in a residential project, is it developing or developed!

November 5, 2018 / by / in
For Properties up to 30 Lakhs, you can Avail 90% of Loan from Banks

Home Loan for OSB Golf Heights Gurgaon

The year October 2015 has spread waves of happiness among Indians after the Reserve Bank of India (RBI) announced the change in home loan policy. And this change of policy gave a significant boost to the slow real estate market.

The new guideline set by the RBI made buying an affordable housing unit a lot easier than before. Home loans for ₹ 20 Lakhs or less had a Loan to Value Ratio of 90% and the amendment in policy stated that the Loan to Value ratio (LTV) for home loans up until the value of ₹ 30 lakhs was raised to 90%.

Now some of you might be wondering what is Loan to Value (LTV) ratio. LTV is defined as the proportion of the property that the bank will extend to the borrower as a loan.

In short and simple words, it means that the bank will provide 90% of the value of the property as a loan to the borrower, which will ease his or her process of buying their dream home. 90% is the highest amount of loan which can be sought by a borrower and he or she also can consider opting for a loan value of less than 90% as per their needs and requirements.

After the initiative was taken by the Prime Minister Shri Narendra Modi towards affordable housing scheme under “Pradhan Mantri Awas Yojana” that aims at providing “Housing for All by 2022”, the sale of affordable housing units in Gurgaon and India witnesses a major improvement.

The circular of RBI followed a reduction in interest rates of home loans by India’s leading banks. It was said that this initiative will not prove beneficial for metro cities such as Gurgaon, Delhi, Mumbai, Bengaluru, Kolkata, etc., but after a review of the scheme, it was observed that metro cities and non-metro cities are performing well.

For example, Sohna Road in Gurgaon has become a hub of affordable housing projects in Gurgaon. The city is a major part of Delhi NCR and it is following an upward trajectory motion since the introduction of affordable housing projects in Gurgaon.

Best affordable housing in Gurgaon is OSB Golf Heights located in Sector 69 Gurgaon, which is just 1 km away from Sohna Road. Booking is open for this residential project and interested home buyers have an option to choose from 1 and 2 BHK apartments with essential amenities and conveniences.

The reduced LTV( loan to value Ration) has enhanced the capability of potential home buyers who are now ready to invest in the affordable housing segment of the real estate industry. The confidence in the buyers have gone up and the overall customer sentiment is redefining the world of real estate.

Soon, every Indian will have their dream home and nobody has to be scared in order to make an investment in the real estate industry. There are a lot of real estate developers in the industry who are working devotedly towards affordable housing market and one such developer is OSB group who has successfully delivered many affordable projects across India.

November 1, 2018 / by / in