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Market Updates

Affordable housing set to get boost

Affordable housing set to get boost

Anil

Affordable housing gaining momentum after being lost in the policy grapevine. The announcement of ‘Housing For All by 2022’ policy which is set to take-off in a big way very soon as more and more developers are coming forward to announce their ‘affordable’ projects in line with the this mission. Goverment have already set policies of affordable realty market which has started to gear up the end user. Amrapali group showed some major interest by lauching “Amrapali Adarsh Awas Yojna’ only for serving/ retired government employees.Greater Noida West is one such area under National Capital region which is buzzing with realty activities with almost 65 developers’ presence that have come up with a slew of projects here with multiple options. The location is destined to attract most of the middle income group customers as most of the projects being developed here are in the affordable range. In comparison with other parts of the Delhi NCR like Noida Expressway, Dwarka, Gurgaon Expressway, and NH-8, Greater Noida West, erstwhile Noida Extension is the only region which has become one of the favorite residential zones for middle-class buyers as the place offers properties in the affordable range.

Adarsh Awaas Yojna is a part of 100 acres of land in Greater Noida (West) with approximately 5000 number of flats to be constructed of 975 to 1300 sq. ft onwards in 2-3 BHK formats at a very reasonable price of 22 lacs and above.  The loan is available by all major nationalized banks.

The self-sufficient township covers all the safety and regulatory norms along with many attractive features like a cricket stadium of its own along with M S Dhoni’s cricket academy, 150 bedded multi- specialty Hospital, 2lac sq. ft of commercial area, 6 nursery schools, 2 secondary schools and other basic infrastructures to sustain its economy.

According to Dr. Anil Kumar Sharma, CMD, Amrapali Group, “We are quite pleased and proud of this offering to the people who are looking to have a home in the middle of a modern and new society, this project is open to all who are looking to buy a flat but the attractive buy would be for Government employees who can avail attractive discounts on our existing prices.”

The project is a technologically advanced masterpiece which is built by earthquake resistant precast technology topped with aluminium form which provides the best in class resistance to the structures. The precast technology/ aluminium form work is a faster way to finish projects as compare to conventional technology so it reduces delivery time and total cost of the project. The connectivity also is a very alluring aspect of this project which has a metro station at approx 1km from the project along with a 100m wide road connectivity to sector 79, Noida.

As per Mr. Honey Katiyal, CEO, Investors Clinic, “It is indeed a very good opportunity for us to promote the technologically advanced project of Amrapali group who is already a market leader in affordable housing segment.”

Amrapali Group one of the largest developers of affordable housing in Noida-Greater Noida region have set their eyes on delivery of over 30,000 units in nearing time. They have delivered more than 15 thousand number of dwelling units and are hopeful to repeat the same feat of consecutive success.Amrapali is confident to deliver the number of units because it owns Asia’s largest precast factory which is spread across 25 acres of land and is currently churning out over 50 lakh sq. ft. of building area annually which is equivalent to raising 30 towers (18 floors each).

 

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