5 Upcoming Affordable Housing Projects in Gurgaon 2023

5 Upcoming Affordable Housing Projects in Gurgaon 2023

5 Upcoming Affordable Housing Projects in Gurgaon 2023

5 Upcoming Affordable Housing Projects in Gurgaon 2023

Gurgaon, also known as Gurugram, is a thriving city in the northern state of Haryana. It has seen unprecedented growth due to the emergence of multiple IT hubs and the establishment of several multinational companies. However, with the rapid urbanization and population growth, the city is facing a significant housing gap, making it difficult for the common man to find his dream home.

In this article we will talk about Upcoming Affordable Housing Projects in Gurgaon 2023.

Before we go into details, let’s talk more about Affordable Housing in Gurgaon and scope of growth.

Understanding the Need for Affordable Housing in Gurgaon

Gurgaon, a city in the state of Haryana, has been witnessing rapid urbanization and population growth over the past few years. With the rise in population and the influx of migrants, the demand for affordable housing has increased exponentially. As per a report by the National Real Estate Development Council (NAREDCO), Gurgaon requires around 5,000 new housing units every month to meet this demand.

Population Growth and Urbanization

The population of Gurgaon has grown by leaps and bounds over the past few years, owing to the city’s rapid urbanization and industrialization. The city has become a hub for several multinational corporations, leading to an increase in job opportunities. This, in turn, has attracted people from all over the country to settle in Gurgaon. However, the city’s infrastructure has not been able to keep up with the rapid growth in population, leading to a shortage of affordable housing options.

Addressing the Housing Gap

The shortage of affordable housing options in Gurgaon has become a major cause of concern for the government and the citizens alike. To address this housing gap, several government initiatives have been undertaken, which includes the affordable housing scheme that aims to provide housing to the economically weaker sections of society.

The affordable housing scheme is a flagship program of the government that aims to provide affordable housing to the urban poor. Under this scheme, the government provides financial assistance to eligible beneficiaries to help them buy or construct their own house. The scheme has been a major success in Gurgaon, with several people benefiting from it.

Government Initiatives for Affordable Housing

The Haryana government has been proactive in promoting affordable housing projects in the state. In September 2020, the government announced a new policy to promote affordable housing projects in the state. As per the policy, developers will receive incentives such as a rebate on stamp duty, exemption from external development charges (EDC), and subsidized land rates.

The policy has been well-received by developers and homebuyers alike, as it has made housing more affordable for the common man. The government’s efforts to promote affordable housing in Gurgaon have been commendable, and it is hoped that more such initiatives will be undertaken in the future to address the housing gap in the city.

Top Upcoming Affordable Housing Projects in Gurgaon 2023

Developers have taken up the mantle and started building affordable housing projects that offer residents a comfortable lifestyle at an affordable price. The demand for affordable housing has been on the rise in Gurgaon, especially with the influx of people moving to the city for work. Here are the top five upcoming affordable housing projects in Gurgaon for 2023:

Project 1: Adani Sector 99, Gurgaon

The Adani Sector 99A project in Gurgaon is a recently launched low-cost housing project that comes with the added benefit of subsidy for loans under the Pradhan Mantri Aawaas Yojna. Located along the prominent Dwarka Expressway, this project offers excellent connectivity to key sectors in Gurgaon, making it a convenient choice for homebuyers. With its affordable pricing and attractive loan subsidy, Adani Sector 99A presents a promising option for those looking for a new home in Gurgaon.

Features & Amenities:

  • 90% Loan with Easy Payment Plan: The Adani Sector 99A project offers a hassle-free financing option with 90% loan availability, making it easier for homebuyers to own their dream home.
  • No Maintenance Charges for 5 Years: As an added advantage, this project comes with a unique offering of no maintenance charges for the first 5 years, providing residents with a cost-effective living experience.
  • RERA Registered: The Adani Sector 99A project is registered under the Real Estate Regulatory Authority (RERA), ensuring transparency and compliance with regulatory norms, and providing homebuyers with peace of mind.
  • Subsidy for Loan under Pradhan Mantri Awas Yojana: This project is eligible for the Pradhan Mantri Awas Yojana (PMAY) subsidy, which provides financial assistance to homebuyers, making it more affordable and accessible.
  • Amenities Galore: The project offers a range of amenities including a playing area, exercise area, garden, club house, and gated community, providing residents with a comfortable and enjoyable living experience. Additionally, free visitors parking is available, ensuring convenience for guests.

In conclusion, the Adani Sector 99A project boasts a range of attractive features and amenities, including easy financing options, no maintenance charges, RERA registration, PMAY subsidy, and well-designed amenities, making it a promising choice for prospective homebuyers looking for a new home in Gurgaon.

Project 2: Pareena Sector 68, Gurgaon

Pareena Sector 68 is an upcoming residential project that promises a high standard of living in the bustling city of Gurgaon. Nestled on a sprawling 10.25-acre land, this project offers a range of apartments including 1 BHK, 2 BHK, and 3 BHK, catering to different budget levels. Designed with careful consideration to Vaastu and Feng Shui principles, these homes are thoughtfully crafted to create a harmonious living experience.

Features & Amenities:

  • Spread across a sprawling 10.25 acres of land, Pareena Sector 68 offers a diverse range of apartments, including 1 BHK, 2 BHK, and 3 BHK units, catering to different price points. The apartments are designed in accordance with Vaastu principles and also boast a Feng Shui corner, ensuring a harmonious and positive living experience.
  • Safety and security are paramount at Pareena Sector 68, with trained guards and CCTVs providing round-the-clock surveillance, ensuring the well-being of residents. For families with children, there is a dedicated children’s playground nestled amidst nature, providing a safe and enjoyable space for kids to play and unwind.
  • The project also boasts a variety of retail establishments within the premises, making daily essentials easily accessible for the residents. The construction of the project is earthquake-resistant, ensuring the safety and durability of the homes. Additionally, ample parking space, including visitors parking in the basement, adds to the convenience of the residents.
  • Pareena Sector 68 is not just about providing a place to live, but also about creating a lifestyle that fosters comfort, convenience, and well-being. With its thoughtfully designed apartments and an array of amenities, this project aims to elevate the standard of living for its residents.

In conclusion, Pareena Sector 68, Gurgaon, is an upcoming residential project that promises an enhanced living experience with its well-designed apartments and modern amenities. Whether you are a first-time homebuyer or an investor, this project offers a blend of affordability, convenience, and safety, making it an attractive option for those looking for a new home in Gurgaon.

Project 3: MRG World Ultimus 2 Sector 90, Gurgaon

MRG World Ultimus 2 Sector 90, Gurgaon is a unique affordable housing project developed by MRG World Private Limited. Spread over 5.5 acres of prime land on Dwarka Expressway, this project offers spacious and well-ventilated 2 BHK and 3 BHK apartments with 50% open spaces, allowing residents to enjoy a refreshing and rejuvenating environment amidst lush greenery.

Strategically located near Dwarka Expressway, MRG World Ultimus 2 is just 5 minutes away from NH-8, 4 minutes away from IMT Manesar, and 24 minutes away from Huda City Center, ensuring excellent connectivity to major hubs in and around Gurgaon. The project also boasts close proximity to renowned schools like Delhi Public School, Pranavananda International School, and various shopping complexes, malls, and cinema halls, making it a convenient choice for families looking for an affordable yet well-connected living option.

Features & Amenities:

  • Affordable Pricing: Prices start at 26.4 lakhs, making it an economical choice for homebuyers.
  • Maintenance-Free for 5 Years: Enjoy hassle-free living with no maintenance charges for the first 5 years after possession.
  • Subsidy for Loan under Pradhan Mantri Awas Yojana: Avail subsidy benefits under the government’s Pradhan Mantri Awas Yojana, making homeownership more affordable.
  • Club House & Sports Complex: Residents can indulge in recreational activities with a well-equipped club house and sports complex within the project.
  • 75m Wide Jogging Road: Stay fit and active with a dedicated 75m wide jogging road for your daily fitness routine.
  • RERA Approved: MRG World Ultimus 2 is RERA approved, ensuring a secure and transparent investment option for buyers.

In summary, MRG World Ultimus 2 Sector 90, Gurgaon offers a range of features and amenities, including affordable pricing, maintenance-free living for 5 years, subsidy benefits under Pradhan Mantri Awas Yojana, club house and sports complex, a wide jogging road, and RERA approval, making it a desirable choice for homebuyers looking for a convenient and budget-friendly housing option.

Project 4: GLS Affordable Housing Sector 106, Gurgaon

GLS Affordable Housing Sector 106, Gurgaon offers a luxurious living experience at an affordable price. Situated on a sprawling 5-acre land, this residential project provides an opportunity to live like a king within a budget. Located strategically on Dwarka Expressway, it ensures seamless connectivity to Delhi and NH8, making it a convenient choice for commuters.

GLS Sector 106 Gurgaon boasts of a high-rise structure with well-designed 1 BHK, 2 BHK, and 3 BHK apartments, providing ample choices for homebuyers. In addition to its prime location, this project is also in close proximity to reputed schools and educational institutes, making it an ideal choice for families. With its blend of luxury, affordability, and convenient location, GLS Affordable Housing Sector 106, Gurgaon is a perfect option for those seeking a comfortable and lavish lifestyle without breaking the bank.

Features & Amenities:

  • Third project by GLS INGRATECH, a reputed developer known for quality construction
  • Sprawling over 5 acres of lush green area, providing a serene and refreshing environment
  • Prime location on Dwarka Expressway, ensuring convenient connectivity to Delhi and NH8
  • Power backup facility, ensuring uninterrupted power supply for residents’ convenience
  • Modern kitchen and bathroom fittings, adding a touch of elegance and convenience to your home.

Project 5: Mahira Homes 88B in Gurgaon

Experience luxury living at an affordable price with Mahira Homes 88B in Gurgaon. Located in Sector 88B, this project boasts a prominent presence along the 150m-wide Dwarka Expressway. Spread over 6 acres of lush greens, with easy access to malls, residential complexes, and social amenities, Mahira Homes is designed to offer a delightful living experience.

What sets Mahira Homes apart is its luxurious offerings. With 2BHK & 3BHK units available in three different designs and specifications, residents can choose their dream home according to their preferences. The beautiful architecture, both indoor and outdoor, adds a touch of elegance to the project. The exquisite finishes, including plastic wall paint, spacious almirahs in the bedrooms, and ceramic tiles in the kitchen, bathroom, and bedroom, reflect the attention to detail and quality craftsmanship of Mahira Homes 88B.

Features & Amenities:

  • 6 acres of lush green area for a serene living environment
  • State-of-the-art construction and architecture for modern living
  • Dedicated kids play area and jogging area for healthy recreational activities
  • Prime location on Dwarka Expressway for excellent connectivity
  • Club House for socializing and community gatherings
  • Gated community for enhanced security and privacy.

In conclusion, these affordable housing projects in Gurgaon offer residents a comfortable lifestyle at an affordable price. With modern amenities, spacious apartments, and a focus on safety and security, these projects are designed to cater to the needs of families. Whether you are a fitness enthusiast or someone who enjoys socializing, these projects have something for everyone. So, if you are looking for affordable housing in Gurgaon, these projects are definitely worth considering.