Affordable Housing Policy(AHP-2013) (Appartment)

Dwarka Express way, Sector-109, Gurgaon

2 BHK (350-750 sqft)
12.62 26.26

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

Affordable Housing Policy (AHP-2013)

 

The Governor of Haryana is pleased to notify a comprehensive „Affordable Housing Policy 2013‟ under the provisions of Section 9A of the Haryana Development and Regulation of Urban Areas Act, 1975 and any other corresponding statute governing development of group housing colonies on the subject. The policy, of which the details are given in Annexure-A below, has been concurred by the Finance Department vide their UO No.11/158/2013-5FDIII/22188 dated 05.08.2013 and approved by the Council of Ministers in its meeting held on 06.08.2013. This policy shall come into effect from the date of its notification. The Director General, Town and Country Planning, Haryana, is hereby directed to effectively implement this policy to facilitate creation of additional affordable housing stock in the urban areas of the State.
 
Grant of License:
As per affordable housing policy, the projects would be allowed in residential zones of notified development plans of various towns and cities. The license for such housing projects would be given on a first come first serve basis.
Developers will get Incentives:
 The affordable housing policy looks to make use of the private sector’s capital investment for the development of affordable homes. The policy envisages to provide incentives to the private developers which includes-
1. Exemption from licence fees and infrastructure development charges
2. Higher floor area ratio (FAR) of upto 225 against 175 which is usually permitted in group housing projects
3. Higher ground coverage to the tune of 50 percent against 35 percent that is normally allowed.
 
“Ocean Seven Builder pvt. limited” – reasonable housing project authorized by Haryana govt., neighbouring Dwarka-Expressway, Sector - 109, Gurgaon. OSB a widely known property Company has launched 1BHK & 2 BHK housing project beneath “Affordable group Housing Scheme”
at unbelievable tentative basic price of Rs. 12.68 Lacs & Rs. 18.60 Lacs(Rate on Carpet space Basis).
Fulfill your dream to live in a very excellent natural settings, encircled by Aravalli hills and greens, in a very comfy 2BHK living accommodations (2 spacious sleeping room + 2 bathrooms + kitchen Dinning/Living and Balcony) Dwarka-Expressway, Sector - 109, Gurgaon & other to high academic and Proffesional institutions situated in close locality.
 
Eligibility Criteria: 
 
a. Any person can apply but person which includes his/her spouse or his/her dependent children who do not own any flat/plot in any HUDA developed colony/ sector or any licenced colony in any of the Urban Areas in Haryana, UT of Chandigarh and NCT Delhi shall be given first preference in allotment of flats. An applicant in a specific colony shall make only one application. Any successful applicant under this policy shall not be eligible for allotment of any other flat under this policy in any other colony. In case, he/she is successful in more than one colony, he/she will have choice of retain only one flat. All such applicants shall submit an affidavit to this effect. 
 
b. Upto 5% of the total number of flats as approved in the building plans may be allotted by a licensee to its employees/ associates/ friends/ relatives etc. subject to the disclosure of their name/address and other identification details to the allotment committee and the allotment procedure for such flats shall also be completed along with the draw of flats for general category flats. The rates and eligibility criteria prescribed under this policy shall continue to be applicable on such preferential allotments also and the allotment procedure shall be completed along with general category flats. In case less allotments are made for such preferential category flats, the extra availability shall be merged with general category allotments. 
 
Allotment criteria: The draw for allotment of apartments shall be held under the supervision of a committee constituted for the purpose by following a transparent procedure as below: 
 
a. Advertisements for booking of apartments shall be issued by the coloniser on two occasions at one week interval in „One of the leading English National daily‟ and „Two Hindi Newspapers‟ having circulation of more than ten thousand copies in the State to ensure adequate publicity of the project and should include details like allotment rate, schedule of payment, number and carpet area of apartment etc. The proforma of advertisement shall be separately approved by the DGTCP and hosted on the Department website for clarity.
 
 b. All flats in a specific project shall be allotted in one go within four months of sanction of building plans or receipt of environmental clearance whichever is later and possession of flats shall be offered within the validity period of 4 years of such sanction/ clearance. Any person interested to apply for allotment of flat in response to such advertisement by a coloniser may apply on the prescribed application form alongwith 5% amount of the total cost of the flat. All such applicants shall be eligible for an interest at the rate of 10% per annum on the booking amount received by the developer for a period beyond 90 days from the close of booking till the date of allotment of flat or refund of booking amount as the case may be. The applicant will be required to deposit additional 20% amount of the total cost of the flat at the time of allotment of flat. The balance 75% amount will be recovered in six equated six monthly instalments spread over three-year period, with no interest falling due before the due date for payment. Any default in payment shall invite interest @15% per annum. The project-wise list of allottees shall also be hosted on the website of the Department. c. The scrutiny of all applications received as per the parameters prescribed in the policy shall be completed by the coloniser under the overall monitoring of concerned District Town Planner (DTP). The scrutiny of applications by the joint team of coloniser and the concerned DTP shall be completed within three months from the last date of receipt of applications as indicated in the advertisement.
 
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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