Vatsal Valley Included in Gurugram Affordable Housing Scheme

Vatsal Valley Included in Gurugram Affordable Housing Scheme
Sep 2020 , by , in Latest News, News/Views

Home buyers in Gurugram can now buy affordable plots at Vatsal Valley, earlier known as Gual Pahari, on the Gurugram-Faridabad road as the government has extended the Deen Dyal Jan Awas Yojana Affordable (DDJAY) Plot policy, 2016 to this area. Under this scheme, developers can offer plots of 80 square metres (sqm) to 150 sqm.

Buyers can also get independent floors registered even for plots of size 80 sq metres, which reduces the cost of a unit, said a developer. Four floors along with a stilt can be constructed as per the latest government norms, he added.

As per the Vatsal Valley (Gual Pahari) final development plan, the proposed land use has earmarked 75 hectares for residential use, 55 hectares for transport and communication, 30 hectares for public utilities, 153 hectares for public and semi-public uses, 45 hectares for open spaces and 16.45 hectares for special economic zone (SEZ) and 28 hectares for Abadi village.

Earlier this scheme was meant for low and medium potential urban areas but it was extended to high potential zones such as Sohna and Gurugram keeping in view the interest shown by buyers in affordable group housing projects. A large number of developers have shown interest in projects under this scheme in Sohna, Gurugram and Manesar. There is a strong demand for affordable group housing and affordable plots and we are hopuful that many companies would come for such projects in Vatsal Valley and all other areas in the district,” said RS Bhath, district town planner, Gurugram.

About Realty Plus

Loading...