Affordable Housing in Delhi NCR has become the top priority for the private as well as public sector real estate developers in the region. Builders like Ansals, BPTP, Unitech, Vatika Group, ATS, Rahejas, Siddharth Buildtech, Skytech etc. are offering lowcost affordable quality homes in Delhi NCR ranging between Rs. 7 – 25 Lakhs. Public Sector Housing Authorities and Developers like DDA & NBCC are also undertaking various affordable housing projects in Delhi NCR to cater to the demand of Affordable Quality Homes.
The various financial offers made by leading banks in India for funding of affordable housing projects in Delhi NCR have encouraged the real estate builders & Developers to focus on this segment of housing market. The year 2009 witnessed a sudden paradigm shift in the upcoming housing projects advertisements. From Luxury Villas, penthouses and apartments to affordable quality homes in Delhi NCR, the realty markets took a complete U-turn in accordance with the times of financial recession in the property market as well.
Affordable Housing Projects in Delhi NCR
Some of the major projects on offer since 2009 to 2012 (expected completion of the projects) include:
Greater Noida
Ansals Megapolis – On offer are Studio Apartments (Rs. 8 lakh), 1 BHK – 600 sq. ft. (Rs.12 lakh), 2 BHK – 1,000 sq. ft. (Rs. 18 lakh) & 3 BHK – 1,500 sq. ft. (Rs. 25 lakh)
Panache Homes at Omaxe Palm Greens, Sector – Mu – On offer are Studio Apartments 600 sq. ft. (Rs.17 lakh), 2 BHK – 800 sq. ft. (Rs. 21 lakh)
Delhi
NBCC Apartments, Near Chattarpur Mandir, Mehrauli – Expected Price Range for the Flats would be 2 BHK (Rs. 20 lakh), 3 BHK (Rs. 30 lakh) & 4 BHK (Rs.40 lakh).
Ghaziabad
Landcraft River Heights, Along NH-58 – Apartments start at Rs. 11 Lakh onwards
Skytech Merion Residency – On offer are 2 BHK – 1,250 sq. ft. (Rs. 22.5 lakh), 2 BHK + Study – 1,400 sq. ft. (Rs. 25 lakh) & 3 BHK – 1,600 sq. ft. (Rs. 29 lakh) Apartments.
Gurgaon
- Vatika Next – On offer are Apartments starting at Rs. 16 Lakhs
- ILD Spire Greens, Sector 37 C – On offer are Apartments starting at Rs. 26 Lakhs
- Navodaya, Sector 92 – 95 by Raheja Developers – On offer are low-cost, high-quality urban community living concept with Apartments starting at Rs. 27 Lakhs onwards.
- Siddharth Laguna Oaks, Sector 95 – On offer are 2, 3, 4, Bedroom Apartments starting at Rs. 29 Lakhs
- Pal City Park, Sector 95 – On offer are 2, 3, 4, Bedroom Apartments starting at Rs. 26 Lakh
- Raheja Vedanta, Sector 108 – Apartments start at Rs. 35 Lakh
- Global Eqi-City, NH-8, Gurgaon by Falcon Realty Services – On offer are Studio Apartments (Rs. 5.5 lakh), 1 BHK – 650 sq. ft. (Rs.10 lakh) & 2 BHK – 950 sq. ft. (Rs. 14.5 lakh)
Faridabad
- KLJ Greens, Sector – 77 – Apartments start at Rs. 24 lakh onwards.
- Panache Homes, Omaxe Spa Village, Sec-78 – On offer are Studio Apartments – 650 sq. ft. (Rs.14 lakh), 2 BHK – 800 sq. ft. (Rs. 18 lakh)
- Uppal’s Jade, Sec – 86 – Prices Start at Rs. 12.5 Lakhs onwards.