News

Check out market updates

Haryana Break Off All Costly Housing Plan In Gurugram and Faridabad

Haryana Break Off All Costly Housing Plan In Gurugram and Faridabad

The Haryana Government has introduced a scheme called DDJAY (Deen Dayal Jan Awas Yojana). The scheme offers affordable housing units in Gurugram for ordinary people who want to build their dream homes.  But, the policy of delivering Affordable Housing in Gurugram and Faridabad has been suspended.

According to the sources, Chief Minister Manohar Lal Khatter has raised the issue of pricing in these units in the two districts with the department concerned while pointing out the purpose of the policy, offering “affordable housing” to average people. CM took a strong protest against the high rates of houses in the two districts that made property beyond the reach of the common man. The high cost of land in Gurugram and Faridabad has made the cost of the plot “prohibitive” under the scheme. 

There are 62 licenses for nearly 695 acres that have been issued under the DDJAY in Gurugram, and 40 licenses for nearly 369 acres of land that have already been issued in Faridabad. As a matter of fact, a letter of intent (LoI) has been granted in 24 projects over 21 acres in Gurugram and 4 projects spread over 32,66 acres in Faridabad. All these were granted before the license was granted. 

Around 382 licenses were granted till January 2022 for 4,200 acres and 76,500 plots were to be carved out across the state. According to sources, the scheme was essentially designed for low and medium-potential towns of Haryana. It was later extended to the high-potential town as well, so it was extended to the hyper-potential town which also included Gurugram and Faridabad. 

The officer explained the scheme was designed to check the spread of unauthorized colonies in Haryana. The scheme was initially aimed at offering affordable housing to all. As the rates are too high, making it impossible for any developers to offer these plots at “budget-friendly rates”. The government has decided to discontinue the scheme in these two districts according to the CM’s direction. 

According to sources, the “affordable scheme” had offered concessions and relaxed its norms for the people. As a matter of fact, the density per acre was relaxed and concessions were given in the license fee to bring down the cost per unit. However, it had only a marginal impact on the scheme in the two districts where the land cost is prohibitive. 

In fact, to bring the cost down, the government explored the possibility of getting these units built over municipal land and proposed a commercial area within the periphery of a project. It would give the project viable for the builder.