Affordable Housing. This project offers a promising opportunity for homebuyers seeking modern, budget-friendly housing options under regulated guidelines. With a total site area of 9.04 acres, the initiative is backed by RERA registration, ensuring transparency and buyer security.
Understanding the Unit Categories
Type-A Units
- Total Units: 198 (including 11 under Management Quota).
- Carpet Area: 511.37 sq. ft.
- Balcony Area: 178 Sq. Ft.
- Cost Breakdown:
- Carpet Area Rate: INR 5,000/Sq. Ft.
- Balcony Area Rate: INR 1,200/Sq. Ft.
- Approximate Total Cost: INR 27,70,450 (including all charges).
Type-A1 Units
- Total Units: 24 (including 2 under Management Quota).
- Carpet Area: 516.75 sq. ft.
- Balcony Area: 200 Sq. Ft.
- Cost Breakdown:
- Carpet Area Rate: INR 5,000/Sq. Ft.
- Balcony Area Rate: INR 1,200/Sq. Ft.
- Approximate Total Cost: INR 27,98,500 (including all charges).
Type-B Units
- Total Units: 404 (including 56 under Management Quota).
- Carpet Area: 515.25 sq. ft.
- Balcony Area: 217.4 Sq. Ft.
- Cost Breakdown:
- Carpet Area Rate: INR 5,000/Sq. Ft.
- Balcony Area Rate: INR 1,200/Sq. Ft.
- Approximate Total Cost: INR 28,12,740 (including all charges).
Exclusive Features of the Project
Transparency with RERA Registration
The project complies with the regulations of RERA, providing buyers with:
- Detailed project timelines and updates.
- Protection against delays or discrepancies.
- Enhanced trustworthiness of developers.
Modern Amenities and Infrastructure
- Strategically located for easy access to transportation, schools, and hospitals.
- Ample green spaces and recreational facilities for residents.
- Efficient water management and energy-saving features.
Flexible Payment Terms
Applicants can apply and pay online during the specified window. The deposit and registration fees ensure secure participation in the housing lottery.
Steps to Secure Your Dream Home
- Application Process:
- Access the project portal starting 08-Nov-2024.
- Complete the application form and upload necessary documents.
- Payment Details:
- Deposit the required amount online before 07-Dec-2024.
- Ensure all payments are successful to qualify for the draw.
- Draw Participation:
- Only applicants with complete documentation and payment clearance will be included in the draw on 30-Dec-2024.
- Post-Draw Actions:
- Winners will be notified via email with details of the next steps.
- Refunds will be initiated for unsuccessful applicants promptly.
Advantages of This Affordable Housing Project
Cost-Effectiveness
By focusing on compact, well-designed units, the project offers homes at competitive rates compared to similar properties in the region.
Regulatory Backing
RERA registration ensures strict adherence to building and delivery timelines, safeguarding buyers from potential fraud.
Prime Location
Strategically situated, the project guarantees connectivity to major hubs, enhancing the lifestyle of its residents.
Eco-Friendly Design
The project incorporates sustainable practices such as energy-efficient fixtures, rainwater harvesting, and green building materials.
Additional Tips for Applicants
- Early Application: Submitting your application early increases the chances of processing without delays.
- Documentation: Double-check all required documents to avoid disqualification.
- Budget Planning: Consider all associated costs, including deposit and registration fees, before applying.
- Post-Draw Preparation: Keep all communications from the project team for future reference.
Project Highlights in Numbers
| Feature | Details |
|---|---|
| Total Units | 626 |
| Total Area | 9.04 acres |
| Carpet Area Range (Sq. Ft.) | 511.37 – 516.75 |
| Balcony Area Range (Sq. Ft.) | 178 – 217.4 |
| Balcony Rate | INR 1,200/Sq. Ft. |
| Deposit Amount | INR 1,27,842.50 – 1,29,187.50 |
| Registration Fees | INR 590 |
Frequently Asked Questions (Extended)
What happens if I fail to make the payment before the deadline?
Failure to make the required payment by the end of the payment period will result in disqualification from the draw.
Can I apply for multiple units?
Applicants are generally allowed to apply for one unit per individual. Check project-specific guidelines for exceptions.
How are winners selected?
A computerised draw system ensures a fair and unbiased selection process.
Is the deposit refundable?
Yes, the deposit is fully refundable for applicants who do not win in the draw.
When will construction begin and end?
Construction timelines will be shared post-draw and are governed by RERA regulations to prevent delays.
Are there any hidden charges?
All costs, including registration fees and deposit amounts, are transparently disclosed upfront. Affordable Housing
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