NEW AFFORDABLE HOUSING IN GURUGRAM OVER LUXURY HOMES?



The demand for affordable homes is on a rise. Individuals and families who belong to the upper-middle-class may also opt for affordable homes instead of luxury homes because of their quality lifestyle opportunities. However, luxury homes will remain in high demand for the wealthy. 

When we talk about luxury homes, the term 'luxury' seems synonymous with the term 'expensive,' and this is true to a greater extent. Affordable homes on the other hand are in high demand for their pocket-friendly quality. Apart from being affordable, they also provide a quality lifestyle that was not achievable before. So what should you opt for and why?

The world today has changed so rapidly since the Covid-19 pandemic. A life of comfort and security is desired by many. The most prominent thing that solves this problem is a home. And the new affordable homes in Gurugram are in great demand. With the introduction of affordable homes, many individuals can now afford to own a place that wasn’t possible earlier. 

 

In a country like India where a large part of the population comprises middle-class and lower-middle-class families, owning a home becomes difficult. The high rates of real estate have been a major cause of that. But with the introduction of affordable homes, the question of being able to afford a home seems to have found its answer. For the economically weaker section of society, affordable homes are the best option to move the course of their lives into a better direction that improves their present and the future. 

 

Introducing various schemes and policies, the Government of India has aimed to provide ‘Housing for all' by the year 2022. In Delhi-NCR, affordable homes are in great demand. New affordable homes in Gurugram come under the government Housing for all schemes. These include:

 

  • The Pradhan Mantri Awas Yojna (PMAY) for the affordable housing segment acts as major support for the economically weaker section and they find themselves one step closer to achieving their dreams. What is offered under this scheme? - The Pradhan Mantri Awas Yojana came into being in the year 2015 and the motive was to provide housing for all by the year 2022. Under this scheme, the income for the economically weaker households has been decided in the range within 3 lakhs. The states are allowed to set the income limit according to their local factors but with a consultation from the central authorities. Basic amenities to provide the ideal lifestyle opportunities will be provided for housing up to a 30 sq meter carpet area. Finally, the Pradhan Mantri Awas Yojana aims to address the housing needs and requirements of the lower-income sections of society who choose to shift their lifestyle from rural to urban.

  • Another scheme introduced by the government is HUDA Affordable Housing Policy in the year 2013. HUDA comes under Pradhan Mantri Awas Yojana (PMAY). Here, the aim is to deliver to the needs of those belonging to low-income groups. The objective is to meet their needs and make houses more affordable along with making the process of owning a house easier and convenient. 

 

Affordable flats in Gurugram are an ideal choice for lower-income families but they are also in great demand amongst the upper-middle class these days. The reason behind this may be the quality of life that these provide. With reasonable rates, they offer you ample benefits that any homebuyer would not want to miss out on this opportunity. 


When we talk about luxury homes, it is now understood that the demand is lower than that of affordable homes. This is because there is only a limited fraction of the whole of India’s population who can afford a luxury property and a lifestyle. Luxury homes offer an exclusive environment that is separated from the other side of the reality where the lower-income families come from. A luxury property offers a high standard of lifestyle. Middle-class and lower-middle-class do not belong in the category that can afford to live in one such property. But, with affordable homes, they can live comfortably and with quality. As mentioned before, affordable homes are supported by the government that holds the capacity to improve and elevate the lives of those who choose to live here. 


One of the leading names in the upcoming new affordable housing sector in Gurugram is MRG World. They offer: 

  • There are numerous prime locations nearby that will give an edge to lifestyle in these affordable homes. These offer better connectivity options to not just major hubs of the city but also around. To name a few: Dwarka Expressway, National Highway 8, AIIMS Jhajjar, and IGI Airport Via Dwarka Expressway. 

  • MRG World offers several schemes that may help the buyers to make their choices as it provides them with many benefits. These include No maintenance charge for five years, up to 90% loan provided by banks, associated with Pradhan Mantri Awas Yojana (PMAY), no charges for external or infrastructure development, possession within 4 years.

  • Apart from the location and several schemes that are offered, MRG World also stands out in terms of the amenities that they provide. These include a Badminton court and tennis court, yoga center, free parking facilities, cycling tracks, playgrounds for children, jogging track, parks full of lush greenery, a gated complex with CCTV, and 24×7 security.

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On one hand, luxury homes are in fact a luxury. Affordable homes, on the other hand, provide you with so much more than just basic benefits and amenities along with being pocket-friendly. To make a wise choice, weigh your requirements, needs, and capabilities, and make a choice accordingly. 

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