MRG World

  The government has taken a noble initiative of “Housing for All” with Pradhan Mantri Awas Yojana (PMAY). It’s mission is to house 20 million families by the end of 2022 and for that purpose, it has put in motion several policies that boost the supply and demand of affordable homes. To make PMAY a success both the center and state governments have to work together and so far they have been coordinating to do marvels in the real-estate sector. In this blog, we’ll consider the amendments to the 2019 budget and the recent changes in the Haryana Affordable Housing Policy which will bolster affordable housing projects in Gurugram . In July 2019, the government in its annual budgetary meeting announced that it will be offering a deduction of interest up to Rs. 1.5 Lakhs on loans availed for affordable housing. However, due to the unforeseen damage incurred by the pandemic, a further boost became imperative for the affordable housing sector. As an amendment in 2021, the Finance Minister ...

The virus has been harsh on every aspect and every industry of the world. The market is suffering and will probably take a very long time to recover from the adverse effects of the situation that we are in right now. Physiologically and psychologically. The people of the corporate sector have been mentally drained by the helplessness of the given circumstances. However, we might be transitioning to a better period in terms of a few aspects at least. Real estate might just be one of them. The economy has been rampaged and there are little to no exceptions to that. In these times people look for affordable and cheaper alternatives to the rather more extravagant ones. With the affordable housing projects developing and flourishing as a concept, people seem to look them up more. Statistically, people have been spending more time on the internet reading about affordable housing projects and topics likewise to this. People tend to incline more towards these cheaper alternatives because of ...

 As we by and large have seen, the check of affordable housing projects is going up dependably. The public authority of India has as of late set an objective of 20 mm upcoming affordable housing projects by 2022. Within three years, the nation has seen an improvement to 21 per cent from 8 per cent in affordable housing projects in the private course of action. With such insights, the engineers are determined to include new developments being created. What might be said about we a few them here?  GFRG Technology  The most richly utilized innovation in building affordable housing projects is the Glass Fiber Reinforced Gypsum Technology. Initially made in Australia in 1980, this innovation is included high-thickness alpha based mortar made using Gypsum. These are refined with glass strands and are totally eco sincere. The main explanation that drives the utilization of GFRG in affordable housing projects in Gurgaon is that it is pre-assembled and can be bowed into any sh...

  When looking to invest in any real estate project, the options available to you may make your decision to invest seem more challenging than it is. This effect compounds further in a city like Gurugram, where affordable real estate and exclusive, more luxurious real estate projects are present abundantly. One of the prime questions/doubts that this abundance of choice does raise is choosing to invest in either  budget properties  or more luxurious ones. This blog post aims to provide you with more clarity on the matter by stating reasons you’d want to invest in more budget and affordable properties. 1. Higher Scope Real Estate projects that emerge as ‘budget’ properties target the middle, lower-middle-income bracket of buyers. These projects are adequate for any prospective renters that belong to that specific income category. And in a country like India, the population of the mentioned income bracket, especially in urban centers, is quite significant instead of other hi...

  Lately, affordable housing in Gurgaon has witnessed a sudden surge in demand and supply alike. The segment has received a considerable boost from the government’s various initiatives to provide every section of the society with modern housing. However, there are still certain factors that you should consider before buying an   affordable home in Gurgaon   2021. 1. Location: Like in any property, you would want to pay attention to the area while buying an affordable home. It would depend on your personal requirements and preferences. For instance, if you have children, you should consider purchasing a home with multiple schools nearby. Hospitals, markets, and other essential amenities are critical too. The  best affordable housing projects in Gurgaon  are located in regions with superior social infrastructure. 2. Connectivity: You would want to buy your dream home in a locality from where you would be able to access different parts of the city with ease. In the...

  The real estate sector in Gurgaon is often noted for the swanky high-rises and other posh residential complexes in this city. Indeed, the premium and luxury segments have witnessed considerable growth with many such projects being launched. However,   affordable housing in Gurgaon   has also started to grow in recent times due to the shift in the focus of the developers and various government initiatives. Initially, the government took up many initiatives to allow the affordable housing segment to grow. However, these initiatives were mostly aimed at helping low-income groups (LIG) enjoy modern homes’ security and comfort. While this did provide a significant boost to affordable housing, a large section of the society is still left out. The term affordable can have different meanings depending on the purchasing power of potential buyers. Even apart from the LIG, many potential homebuyers cannot afford a property priced more than INR 40 lakhs. For some, the budget is lim...

  As we all have witnessed, the count of   affordable housing projects   is going up every year. The government of India has already set a target of 20 million upcoming affordable housing projects by 2022. Within three years, the country has seen growth to 21 per cent from 8 per cent in affordable housing projects in the residential sale. With such statistics, the developers are determined to include new advancements in construction. Let’s discuss a few of them here. #1. GFRG Technology- The most abundantly used technology in building affordable housing projects is the Glass Fiber Reinforced Gypsum Technology. Initially made in Australia in 1980, this technology is made up of high-density alpha based plaster made from Gypsum. These are refined with glass fibers and are completely eco friendly. The main reason that drives the use of GFRG in  affordable housing projects in Gurgaon  is that it is prefabricated and can be bent into any shape and size for walls. Nume...

  Looking to buy  affordable homes in Gurgaon  is a unique challenge in and of itself, due to the abundance of alternatives available to you. The vast, diverse, and inclusive affordable housing landscape in Gurgaon may almost be overwhelming to you. Hence, it’s always west to weigh and consider your options, based on several determining factors such as location, amenities, culture, the scope for monetary benefit, accessibility to public areas, etc. When done well, traversing through such an overwhelming landscape is just that much easier. 1. Cost is a Constant Measure By definition, affordable housing is supposed to allow for a more inclusive housing experience. However, several complexities do come in the way when it comes to the amount of money you are paying. It is always best to filter through your options by seeing what value the amount of money you paid is bringing to your living experience. Instead of being a factor itself, it works along with each of these factors...

  Investing in a new house or a flat is one of the most crucial decisions of life and is perhaps a dream you have been trying to achieve since you were a kid. Several years of hard work, planning and saving evolve your purchasing power to make the right decision at the right moment. Therefore, you need to keep all sorts of possible ideas in your mind before you make the right decision. Firstly, affordable homes make it easier to own your dream home with financial ease. Gurugram, being one of the biggest real-estate hubs across India, has various real-estate developers emerging in it- such as Signature Global, MRG world, Mahira Homes, Raheja, and many more. But, there are key factors that must be considered before owning  affordable homes in Gurugram . A few questions you must ask yourself before buying a property are as follows: 1. What the property’s price? The very first step in buying a home is to adjust the budget. Gurugram has established residential projects as well as c...

  Gurugram is said to be one of the busiest real-estate pivots of North India. The city is not only famous for employment hubs, but also a real-estate hub for genuine buyers as well as investors. Since the emergence of MNCs in the city, many real-estate developers started projecting their future in   affordable homes in Gurgaon . Numerous well-known real-estate developers like MRG World, Signature Global, Mahira Homes, and many more started enhancing their objectives by providing  affordable housing projects  in various posh sectors of Gurgaon with good amenities and at a low cost. So, here are a few essential amenities that are currently being offered at affordable prices in Gurgaon. 1. Markets & Commercial Hubs: Various affordable properties offered by several real-estate developers in Gurugram offers various sorts of markets and commercial hubs adjoining their construction sites or residential projects. For example, the MRG World has introduced its commercial ...

  Real-Estate investments are very popular among investors as it is considered as a long-term investment and it brings good returns in the future. Especially, in a city like Gurgaon, there is a tough competition between various real estate developers offering affordable properties in the city. It becomes very challenging for investors or buyers to select and purchase the perfect investment properties in Gurugram. Many renowned real-estate developers such as MRG World have been emerging since the inception of their   affordable housing projects . So here are a few tips for purchasing the perfect investment properties in Gurugram that we’ve narrowed down for you. 1. Accurate Research Research is most of the most crucial aspect of consideration while opting for investment in real estate because outcomes of any investment decision are drastic in all sorts of ways. You need to understand the value of commercial and residential properties in Gurgaon and you must keep a track of thei...

The backbone of any society is its civic and community infrastructure. Social infrastructure of  residential projects in Gurgaon  can be defined as the maintenance and construction of facilities that support social amenities like hospitals, schools, banks which also involve civic infrastructure like roads, water supply, disposal of solid waste, street lights, drainage, rainwater harvesting etc. Community infrastructure significantly influences the housing sector. It is deemed important as it enhances and sustains the living standards of people living in a particular place. The market value of a property significantly increases when the community infrastructure around it is well developed. A property in a well-developed locality where an infrastructure initiative has been announced or infrastructure is in a developmental phase could also boost the value of that  residential projects in Gurgaon . Your house and infrastructure around it: Social or...