CM Jan Awas Yojana (Appartment)

Dwarka Express way, Sector-109, Gurgaon

2 BHK (350-750 sqft)
12.62 26.26 (4000/Sq.Ft./Sq.Ft.)

Project Area: 7
No of Floors: G+27, G+23
No of Units: 1063
Booking Amount: One Lacs thirty one thousand three hundred only
Booking Form Cost: 1000/-
Possession: 2020

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School School
Security Gaurds Security Gaurds
Shuttle Bus Service Shuttle Bus Service
Swimming Pool Swimming Pool
Tennis Court Tennis Court
WiFi WiFi
Yoga & Meditation Area Yoga & Meditation Area
 
 
To achieve the goal of “Affordable Housing for All” and integrated habitat development it is necessary to ensure equitable supply of land, shelter and services at affordable prices in Rajasthan, with special focus on economically weaker sections, Lower Income Groups and urban poor.
 
Affordable Housing Policy-2009 was launched in Dec. 2009 but due to certain shortcomings in the implementation of policy, much progress could not be achieved. The new policy has been prepared after review of existing policy and incorporating learnings from the past, feedback from various stakeholders and new policy initiatives by the Government of India. This policy is named as “Chief Minister’s Jan Avas Yojna-2015”.
 
Goals of Chief Minister’s Jan Awas Yojana:
 
To achieve the objective of Affordable Housing for All through creation of EWS/LIG housing stock to fulfill housing shortage in the State.
To attract private investment for construction of houses for EWS/LIG segment of the society, by giving incentives to the private developers.
To motivate govt. agencies and private developers to take up construction of Affordable Housing.
To identify land for affordable housing which can be monetized by inviting private participation on a large scale.
Processed of construction developers shall be facilitated by fast track approvals.
Various Provisions for Affordable Housing:
 
The following provisions of Jan Avas Yojana for Low Cost Affordable Housing have been framed, incorporating various incentives for developers & subsidies for beneficiaries by Government of Rajasthan and Government of India. The objective of the policy is to focus on creating housing stock in general and for EWS & LIG categories in particular in the urban areas of Rajasthan:-
 
 
 
 
General Provisions:
 
(i) Income Group: The maximum annual income of EWS/LIG Families should be as follows or as per guidelines issued from time to time by State Government:-
Economically Weaker Sections (EWS) – Up to Rs.1,50,000/-
 
Lower Income Groups (LIG) – Above Rs.1,50,000/- upto 3,00,000/-
 
Income certificate to be certified by concerned Employer in case of salaried individual & if the individual is self employed the income certificate to be certified by Tehsildar/Municipal Officers/S.D.O. or any State official authorized by the State Government or self attested income and residence certificate/affidavit duly notarized. Beneficiary identification shall be linked to AADHAR/BHAMASHAH card or any other unique identification to avoid duplication of allotment.
 
(ii) Size of EWS/LIG house/Plot :
 
For EWS 325-350 sqft super built up area and Plot area 30 – 45 sqmt.
For LlG 500-550 sqft super built up area and Plot area above 45 sqmt upto 75 sqmt.
 
Super Built up area of the flat shall be calculated including area of rooms, kitchen, 50% area of balcony/verandahs, toilet, walls & proportionate common areas.
 
(iii) Fast Track approval: The approval of projects under this Policy will be completed within a period of 60 days as follows:-
Land conversion under 90A of Rajasthan Land Revenue Act shall be completed within 30 days.
 
The applicant may submit plans on converted land for approval to Local Authority along with a certificate from empanelled consultants that the submitted layout plan/building plans are as per norms and title is verified as per order issued for 90A.
After receiving the application as per 4(ii) the Local Authority shall issue provisional approval within three working days.
 
(iv) Timeline for Completion of the project
For EWS/LIG Component of all the provisions shall be as below:-
 
up to 200 EWS/LIG units – 30 months
above 200 upto 400 EWS/LIG units – 36 months
above 400 upto 600 EWS/LIG units – 42 months
above 600 EWS/LIG units – 48 months
 
If the developer completes construction of EWS/LIG houses within the scheduled period without getting any extension, the developer will get extra incentive of 0.10 FAR (equivalent to 10% of plot area used for EWS/LIG component) without betterment levy in the projects developed under any provision.
 
(v) General Sale Price
For EWS/LIG flats would be Rs. 1200/- per sq.ft. (out of the Sale Price Maintenance fund of Rs 50/- per sq ft charged from beneficiaries shall be deposited in a Corpus Fund to be created for each project. The fund accrued in this account shall be used by RWA for maintenance only). The developer shall maintain the complete housing complex developed under the provisions of this policy for 1 year after the completion of the project thereafter it would be transferred to RWA.
 
For EWS plots 25% of reserve price. For LIG plots 60% of reserve price.
 
The sale price of EWS/LIG units wherever applicable may be increased by 5% annually in the beginning of financial year.
 
(vi) Stamp Duty
Stamp duty for EWS –           50.00 per flat/ House.
Stamp duty for LIG             –           100.00 per flat/House.
 
(vii) Constitution of Committees for monitoring
 
A committee headed by Minister, Urban Development and Housing Department shall be constituted for removal of any difficulties, revision of sale price in case of unprecedented increase in the cost of building material (other than the increase prescribed in this policy). in the implementation of this policy. Secretary incharge of Urban Development & Housing Department shall be the Member Secretary.
 
A State Level Sanctioning & Monitoring Committee headed by Chief Secretary, Rajasthan has been constituted to monitor and ensure time bound completion of the sanctioned projects. The same Committee will function for Implementation of Housing for All Mission of Government of India.
 
(viii) Quality Control-
It shall be compulsory for the private developer to establish quality control laboratory at the site of the project. Third party inspection shall be carried out at the laboratory accredited by NABL, so that the quality of the work may be maintained. The general specifications and amenities to be provided by the developer shall be as prescribed. Third party Quality inspection to be ensured by Nodal Agency/Local Authority.
OSB Expressway Tower
_______
 
Ocean Seven Buildtech has decided to develop its first affordable housing project near Delhi NCR named Expressway Towers Sector 109 Gurgaon. This wonderful residential OSB Expressway Towers project is located in Gurgaon under the Huda Affordable Housing Policy. OSB Expressway Towers project by OSB Group is the only project that has more than 80% Greenery Area. The residents of the project will be able to enjoy luxury amenities like Club, Yoga center, Jogging Track, Swimming Pool, Car Parking, etc.
 
In addition, the apartments in this project will have the maximum size of approximately 750 square feet of carpet area for 2+1 BHK apartments. The residents of the project will be able to enjoy these great amenities at an excellent location on Dwarka Expressway in Gurgaon.
 
Up till now, more than 18 projects of affordable housing have been developed in Gurgaon but almost all of these projects lack various amenities. So these residential units are not made for the people who want to enjoy a luxury lifestyle in Gurgaon. But now, things are changing as OSB Group has taken the initiative of bringing these facilities to the residents in an affordable housing project.

Key Highlights

  • First Affordable Housing Project by Ocean Seven Buildtech Pvt. Ltd.
  • Rates of carpet area basis.
  • Assured unmatched price.
  • 7.5 Acers of lush green project with 50% open area.
  • Home loan up to 90%.

Key features

  • High quality finishes & fitting.
  • Excelent workmanship that lastes for 2 years.
  • High quality doors and windows.
  • Kitchen that will make you proud.
  • Provision of power & water back-up.
  • State of the art contemporary construction and architecture.

Specifications

  • Jogging Track, Yoga & Aerobic Center.
  • No maintenance for 5 Years after Possession.
  • 80% Greener Area.
  • 100% Power-Back facility with 24*7 Security.
  • High rise apartment 27 stories.
  • Retail Market in Premises for Daily Requirenments.
  • Each home with Vasstu concept.
  • Eco-friendly environment.
  • Rain water harvesting system.

 Unit Type

 Carpet Area

(Sq. Ft.)

 Balcony Area

(Sq. Ft.)

 Total Cost

 Application Money

(5%)

 Allotment

(20%)

 1 BHK Type 1

 323.66

 68.75

13,29,015

 66,451

 2,65,804

 1 BHK Type 2

 307.36 

 68.75

 12,63,815

 63,191

 2,52,617

 2 BHK + Study Type 1

 644.709

 98.5

 26,28,086

 1,31,475

 5,25,507

 2 BHK + Study Type 2

 644.437

 99.57

 26,27,533

 1,31,300

 5,25,507

 

Payment Stage

   % of Payment

 At the time of submission of the application for allotment

 5% of the flat cost

 Within 15 days of the issuance of allotmentletter

 20% of the flat cost 

 6 Months after allotment

 12.5 % of the flat  cost

 1 Year after allotment

 12.5 % of the flat cost

 1.5 Year after allotment

 12.5 % of the flat cost

 2 Years after allotment

 12.5 % of the flat cost

 2.5 Years after allotment

 12.5 % of the flat cost

 3 Years after allotment

 12.5 % of the flat cost

 


 

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