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Real Estate Forum on Affordable Housing Project

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Q: Will the property at Crystal xrbia appreciate ?it is felt that it is already overpriced
Latest Answer: Right Abhishke. 180 sq.ft carpet area for approx 47 lacs including taxes or even more, rate per sq.ft on carpet area comes to 26100 that is just 5% less than what Wadhwa Group is quoting for the Address at Ghatkopar Rs.1.73Cr for 630 carpet area, Which obviously is an high end Township will all amenities, and selling at the same price, just the ticket size has been reduced to fool the middle class and 1st time buyers.
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Q: Hi, What are the pros and cons of new proposed FSI in the development plan?
Latest Answer: @Sunil, Builders are thinking that among number of other changes, the plan had increased the floor space index, which indicates permissible construction on any plot. According to experts, if height and developable limitations are re-engineered, companies will have to go back to the drawing board and reconstruct plans.
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Latest Answer: Hi Abhishek and Ashish, You mean to say that the coming year will be a period of uncertainity and a number of project launches will be stopped. Then Developers will must have difficulty to lock project layouts as the new plan will have different rules for open space regulations, height restriction of buildings and general usage of space.
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Latest Answer: Hi Venu gopal, Thinking an average budget of Rs 20 lakh as affordable, it is quite interesting to note that almost 90 per cent of the supply in Chennai in this budget range is for plots. However, the maximum demand in the city exists for apartments. Nonetheless, buying a plot for Rs 20 lakh and then constructing a house on it would by no means be affordable.
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Latest Answer: Hi Raj, DDA is making efforts to refund within one month the security deposit to the unsuccessful applicants of the DDA Housing Scheme, in which draw of lots had taken place on November 25. As per Minister of State Of State For Urban Development & Housing , with in 90 days the money will be refund.
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Q: Hi
I came to know that Haryana government has approved plan for people from economically weaker sections.
Any idea what will be the impact on Real Estate Market.....!!
Latest Answer: Hi Guys, As per news, with Haryana government saying provision of 31,736 flats beneath the economically weaker section and affordable housing classes in Gurgaon on Wednesday, common man's hope for owning a home unit within the Millennium town stays afloat.
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Q: Hi, a realty arm of Mahindra Group, Mahindra Lifespaces focused on affordable housing called called "Happinest".
Latest Answer: Good Morning Manis and Anirudh, Mahindra Lifespace Developers is ambitious to join hands with the central and the state governments and participate in the public private partnership (PPP) programme to make affordable housing a reality for large number of Indians. Their residential segments catering to mid-premium and super premium households.
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Q: Hi, do you think that the affordable houses will take time
Latest Answer: Yes, what you mentioned is right but the Maharashtra government will change rules and regulations to help in delivery of affordable housing projects for the millions of the state's poor. Making sure that the offered new housing policy would be "pro-people", Maharashtra CM Fadnavis told the developers to work together with the government in its mission to provide affordable housing for the lower-middle class and the poor people.
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Q: Hi, i heard that Smart Value Homes has launched an affordable housing project.. Give details about it please.
Latest Answer: Hi.. Smart Value Homes is a subsidiary of Tata Housing which is trustworthy group. It’s going to develop affordable projects in Ahmedabad, Bangalore, Boisar and Vasind..
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