What is Affordable housing scheme by Huda ? | What is Eligibility Criteria for Affordable housing scheme by Huda?

Affordable housing scheme by Huda under the Haryana Government

The affordable housing scheme by Huda is a scheme created by the government under Pradhan Mantri Awas Yojana. The scheme allows housing affordable to everyone and also provides the subsidy for all upcoming affordable housing projects to make housing affordable to lower and middle-class families. Affordable housing scheme by Huda as per this policy, the apartments are going to be made of standard size as per the PMAY Gurgaon. The best part of the Affordable housing scheme by Huda under the Haryana government, the consumers will pay based on the area they occupy as it would be per carpet area.

The apartments under this scheme are strategically built so that they can give the maximum to the consumers at the minimum cost possible and also they are prepared to keep in mind the absolute requirements of the consumers which means that not only the apartments are well placed, but also exteriors and interiors of the flat are built keeping in mind various aspects.

The government will follow the first-come, first-serve basis for allocation of the apartments and will follow transparent measures.

The pricing structure of the apartments in the affordable housing scheme by Huda ranges from 13 Lac to INR 26 Lac* (Terms and conditions applied). However as per the Haryana and under affordable housing scheme by Huda the Haryana Government gets additional support from Pradhan Mantri Awas Yojana, under which   every Applicant about to a part of this scheme can get an additional Loan Subsidy Of 2.67 Lakh*.

What are the Eligibility Criteria for Affordable housing scheme by Huda?

a. Any individual of Indian nationality can apply, the individual and his/her family such as his/her spouse or children should not own any apartment/residential building under the Huda/Haryana government.

b. The allotment of Up to 5% of flats as made clear in the building plans, can be allotted to employees/ relatives etc.

c. Criteria for allotments of apartments: The Affordable housing scheme by Huda under the Haryana government will be booked based on the lucky draw wherein one will have to make the booking and they would be served on the "first-come, first-serve basis. There is a separate committee made who will supervise and make sure that a transparent procedure will be followed while allocation.

After the final list of allocation is passed, a waitlist for a maximum of 25% of the total number of flats will also be released keeping in mind the last-minute cancellations.

Affordable housing scheme Summary

●        Affordable housing schemes by Huda are built keeping in mind the Government guidelines and Have Fixed Rates. Is designed keeping in mind that they should be affordable to the medium income groups as well.

●        Sold as per carpet area only, therefore cost Carpet Area – 4000 INR /-Per square feet

●        The allotment of apartments will be done through a draw system.

●        The apartments will be fully ready to move, within 4 years and the payment plan shall be distributed in 3.5 Years.

●        The apartments have all the facilities that will make living more comfortable for people such as indoor and outdoor sports facilities, free and reserved parking per flat.

●        The apartments under the affordable housing scheme have excellent connectivity for all the locations such as the highway which increases the inter-state connectivity and to various important areas of Delhi as well.

●        Has all the important facilities such as quality schools, healthcare facilities in the vicinity.