HUDA Affordable Housing

22/05/2020

, Sector 5, Sohna, South Gurugram - A plotted development spread across 15 acres designed around an impeccably nurtured landscape and has been conceived for those who seek exclusivity while being in an environment of comfort and convenience.

21/01/2019

Five Benefits of buying Under-Construction Flat

India Business News: For a buyer, the cost of a property is one of the most important things. An under construction property is likely to cost less than a ready-to-move-in

18/01/2019

Gurugram circle rates revised for 3rd time this year, new rates effective from 20 of December

This is the third time that circle rates have been revised this fiscal, after revisions in April and October.

14/01/2019

Credit Linked Subsidy Scheme (CLSS)_ - Explained

To provide Financial Support in the Housing Sector to people of India, Central Govt introduced Credit Linked Subsidy Scheme (CLSS) in 2015, Under Pradhan Mantri Aawas Yojna (PMAY). The purpose was to help achieve housing for all. Under this scheme subsidy is given under various Income category,

Income Category

Upto 6 Lakh _Loan Amount Considered_ 6 Lakh _Interest Subsidy_ 6.5% _Subsidy Amount_ 2.67 Lakh _Validity of Scheme 31/03/2022_

Upto 12 Lakh _Loan Amount Considered_ 12 Lakh _Interest Subsidy_ 4% _Subsidy Amount_ 2.35 Lakh _Validity of Scheme 31/03/2019_

Upto 18 Lakh _Loan Amount Considered_ 18 Lakh _Interest Subsidy_ 3% _Subsidy Amount_ 2.30 Lakh _Validity of Scheme 31/03/2019_

Broad Points
Applicable to properties in Urban Areas.
Family availing this facility, Should Not have benefitted under any other Housing Related Central Govt scheme.
The applicant’s family (self, spouse and unmarried children) must not own a Pucca house in any part of India.
Beneficiary can avail a longer loan term beyond 20 years, but the subsidy will be restricted to a maximum term of 20 years.

Process
After the loan is disbursed, the required details are sent by Bank to NHB (National Housing Bank) for validation of data and other checks. NHB after necessary due diligence approve the subsidy to eligible borrowers.

11/01/2019

Govt planning to cut GST on property under construction, with riders.

Govt planning to cut GST on property under construction, with riders

07/01/2019

Agrante kavyam Sector 108, Gurgaon, Book 2 BHK Affordable Flats in SEC-108 Gurgaon. Allotment by draw (In Presence Of Haryana Govt. Committee)

✅Get Subsidy Of Upto Rs.2.67 Lacs* Under PMAY Scheme.
✅90% Home Loan Availabe.
✅HARERA Approved project.
✅Located At Dwarka Expressway.

✔ HARERA REG. NO. - RC/REP/HARERA/GGM/2018/23

04/01/2019

The Centre has extended the Credit Link Subsidy Scheme (CLSS) on home loans for the Middle Income Group (MIG) under the Pradhan Mantri Awas Yojana (Urban) till March 2020,

Hardeep Singh Puri said he has signed the file pertaining to the extension of the CLSS under which the government provides a subsidy of up to Rs 2.67 ..

02/01/2019

The government’s note on Saturday that asked builders to reduce the prices of properties and pass on the benefit of the lower GST rate appears to be an outcome of anti-profiteering complaints against some builders falling out of line.

The government’s note on Saturday that asked builders to reduce the prices of properties and pass on the benefit of the lower GST rate appears to be an outcome of anti-profiteering complaints against some builders falling out of line

24/12/2018

RBI keeps repo rate unchanged; real estate industry says move to boost home buyers' confidence

A hike in repo rates would have had a direct impact on home loan rates. High housing loan interest rates are known deterrents to many buyers.

21/12/2018

Invest in Affordable Housing to Reap Good Return

Investing money in properties have always garnered more profit than any other investment plans which promises you a heavy return. Doing…

19/12/2018

Few important things to consider about the PMAY scheme

Here we break down important details like who all can apply, how much the subsidy in rupee terms is and how the subsidy impacts the loan amount.

17/12/2018

GST on flats and buildings.