MRG World

Affordable housing has revolutionized the real estate and housing sector in India. It has propelled the much-required growth in the sector.  Deen Dayal Jan Awas Yojna  has done it by meeting the housing demand at an affordable cost. Since its launch, a lot of builders have come up with numerous projects under the policy, filled with world-class amenities. Here are some of the benefits that you can avail by purchasing a house under  Deen Dayal Jan Awas Yojna : Home Loans – If you’re annual income is above the defined limit; you can easily apply for a home loan under the  Deen Dayal Jan Awas Yojna . Not only that, but the property is also certified by the government. Hence, the time taken in processing the loan is less. You can get up to 100% loan on construction and up to 80% on plots and avail subsidies and low-interest rates. Tax Relaxation – You don’t have to pay taxes on your capital gains. Now while selling an old or any property you can get tax relax...

Buying a house is tough, especially searching for one. To make things easier for you, here are few things to keep in mind while searching for an affordable house in Gurugram: Good connectivity – Connectivity plays a key role in your daily transport. Hence, connectivity becomes a fundamental need. If you are looking to buy a house in Gurugram, you must look for a house near  Dwarka expressway . Luckily, there are a lot of builders offering affordable houses near  Dwarka expressway. Dwarka expressway  is a connecting link; facilitate your daily transport to metro station, airport, Dwarka and other places. Well-located – Since humans started living in societies, the location became one of the most essential aspects of a house or a property. Now more than ever, people look for a good location which is safe as well as well-established and close to commercial hubs and other prime locations within the city, so homebuyers don’t have to settle in far-off areas. There are ...

Launched in 2013, HUDA  Affordable Housing  Policy intends to usher the completion and planning of ‘Group Housing Projects’. Under these projects, apartments have ‘pre-defined sizes’ which are made available at ‘pre-defined rates’ and built within a targeted timeframe to incentivize the development of affordable housing in the urban housing market to the deserving candidates as defined under the present policy. HUDA Affordable Housing Policy was launched by the government under PMAY subsidy for middle and low-income groups to make houses more affordable and simplify the process of buying a house. The policy was designed for rural and urban areas like Gurgaon, Faridabad, Panchkula, Pinjore-Kalka. MRG World is coming up with new projects in different sectors of Gurgaon – Sector 89, Sector 93, Sector 90, and many more. These sectors are some of the prime locations as they are close to Dwarka Expressway and 20 mins away from the airport. All projects have w...

The government of Haryana came up with another affordable housing policy, in February. The policy focuses on providing affordable housing, with major focus at the low-and medium-potential towns of the state. The Haryana government, under this policy, plans to promote high-density, plotted colonies across the state through a liberalized policy framework. So, if you are planning to invest your money in properties, through this housing policy, we suggest you have a look at these key features of  Deen Dayal Jan Awas Yojna > Out of the city's total planned city, only up to 30 per cent would be offered for project developments under this category. Under this policy, the maximum plot area has been determined to be 150 sq m. >The housing project in this policy can be developed under an area ranging from 5 to 15 acres. > Out of the total licensed area, the area under roads cannot exceed 10 per cent. In order to provide free of cost community facility, the government also ...

The department of town and country planning is seeking a smooth allotment of flats in  affordable housing projects , hence it decided to make application forms available online and make their submission possible through a portal or a website. The officials of the DTCP have said that an online module for this purpose will be developed by the department. The officials had also added that the directions have already been given to the IT wing. The step was taken by the department after home buyers lodged complaints regarding the allotment of  affordable homes  and non-availability of forms. The department also said that the flats should be allotted on a first-come, first-served basis on pre-defined rates. The director if DTDP, KM Pandurang had also issued directions for the creation of an online system to provide application forms for affordable housing projects through an online portal. The IT wing will develop the module in a way that will ensure...

Gurgaon’s real estate has witnessed significant changes in recent years. Due to the rapid increase in corporate houses and MNCs, Gurgaon has become one of the sought-after places in Delhi NCR. Residential places, developing infrastructure and expansion of public amenities like the Golf course and  https://www.mrgworld.com/  are some of the factors driving the developing real estate in Gurgaon. There are various options available for apartments ranging from 2BHK to 3BHK at reasonable and affordable prices which are ushered by micro-markets. Corporate Hub With brands like Snapdeal, Amazon, Expedia, BSB, stabling their offices in Gurgaon; has turned it into a corporate hub. Because of the MNCs, Gurgaon also offers greater employability rate. Affordable Housing Gurgaon offers affordable housing under Deen Dayal Jan Awas Yojna launched by Haryana government in 2016 which is like a boon for someone who is looking to buy a house in Gurgaon or plann...

In the wake of environmental issues, there is a rise in temperament to conserve the environment. Around the globe, steps are being taken to save the planet and fight back issues like global warming, carbon emission. As a concerned citizen, it becomes our duty to take care of our planet. One such step towards attaining sustainability is eco-friendly buildings. Sustainable projects are gaining more and more attraction among buyers in recent times. Not only these projects will keep you close to nature, but you can also contribute towards making the planet sustainable and energy-efficient. These projects are designed to reduce carbon footprints and owners will benefit from better air quality and better health, consistent home temperature, and lower maintenance requirements. Besides, these projects can also reduce your energy bills. You can’t neglect the benefits of affordable and eco-friendly housing: Solid waste management Rainwater harvesting Treatment & use of greywat...

It has never been easy to buy or sell a property legal documentation can alone take your mind off. Having the right documents can elevate the process and eliminate future risks. To make your process easier and save you some time here are several documents that are must, before buying a house: 1.Title Deed – This document establishes the chain of ownership. It entitles the owner with full rights over the property. Before buying a house, check if the property belongs to the seller you’re buying from. Buy the property only if the name of seller matches with the title of the property. 2.Power of Attorney – This document ensures that the seller has the complete right of selling a property. An original copy of this document is to be presented before applying for a loan. 3.Sanctioned Building Plan – Every builder before starting of a project must get assent from local authorities. Before buying a house ask your developer to present this document otherwise the construction is terme...

Buying a house is not easy, especially if you’re aiming a city bubbling with MNC’s and technology. A lot of people plan to buy a house in Gurgaon but stop in the middle because of low finances, trouble in getting a home loan, price range, etc. Here are some reasons for you to buy your dream house in 2020: RERA - Real Estate Regulation and Development Act, 2016 With the introduction of RERA in the real estate market transparency and accountability on both the sides – buyer and seller – has increased which has transformed the marketplace. This move has urged developers in Gurgaon to reassess their business models and complete the project within the stipulated time. This act has increased the trust of people who are looking to buy a house. Deen Dayal Jan Awas Yojna To cope with the challenges government of Haryana came up with Deen Dayal Jan Awas Yojna, under the centre’s assistance of Prime Minister Awas Yojana. Under the policy, people looking for a house ca...

Deen Dayal Jan Awas Yojna  is an ambitious policy launched by the Government of Haryana in 2016 under the provisions of Section 9A of the Haryana Development and Regulation of Urban Areas Act, 1975. The policy aims to fulfil to Prime Minister Awas Yojna’s (A policy launched by Central government to provide  affordable housing  for across the nation) vision by building 2 lakh affordable houses in low and medium level cities and towns in Haryana by the year 2022. The projects built under the policy must fulfil certain requirements to get approved by the government. All projects must be built on a minimum of 5 acres and a maximum of 15 acres of area with 9 meters of road in the colony. The maximum Floor Area Ratio of two and total ground coverage can’t exceed 65 per cent. The maximum area allocated to a plot must not exceed 150 sqm and density may vary from 240 to 400 persons per acre. All these projects must be completed within 7 (5 2 years) years ...