The state authorities’ “Punjab Affordable Housing Policy 2018” has failed to discover favor with economically weaker, lower and decrease-middle class human beings due to bureaucratic apathy, liquidity crunch, procedural delays in granting approvals and the excessive fee of taxes.
While the Housing and Urban Development Department claims to have given approval to a dozen low priced housing tasks within the kingdom, now not an unmarried less costly housing task has been sanctioned by using the Greater Ludhiana Area Development Authority (GLADA) even after 15 months of the policy being notified in March 2018.
“It (the policy) is a trifling document and not using a vision or intention to provide cheap housing. There is a dire want to revise the coverage from the buyers’ angle,” says GS Lamba, a developer and trendy secretary of the Punjab Colonisers and Property Dealers Association.
Lamba became of the view that linkage of 5 in keeping with cent of the general area of the colony for the EWS become a big deterrent even as excessive rates for an alternate of land use (CLU), external development expenses (EDC) and procedural hassles created via bureaucrats derailed the policy.
Another city-based belongings developer Gulshan Kumar of GK Group asserted that each the realtors and customers had been reluctant to avail the centrally-backed credit related subsidy scheme (CLSS) with a subsidy of Rs 2.Sixty seven lakh in keeping with housing unit. He said high kingdom and central taxes, stamp duty, development costs, CLU fee, and infrastructure development cess neutralized the subsidy component.
Difficulties in securing finance from banks and housing finance organizations were referred to as but some other stumbling block in the manner of the low-priced housing policy. As the scheme targets the EWS and LIG families, documentation required to avail finance has been a large venture stated the realtors.
Lamba and Gulshan Kumar were confident that unless relaxation becomes provided within the most permissible location of the colony (for lower priced housing), mandatory reservation for the EWS homes, discount in development costs and the CLU and license fee eliminated, the housing scheme for urban poor could be rendered vain.
NOIDA stands for New Okhla Industrial Authority. The cutting-edge suburb district in Uttar Pradesh turned into founded in 1976, under the UP Industrial Development Act, inside the same year. Over the years, Noida has turned out to be a nucleus for multinational firms outsourcing facts generation services. Since the town hosts reputed organizations and enterprise homes, the demand for both residential and industrial estates is quite excessive. In case you are interested in purchasing or promoting assets in Noida, taking help of Noida assets dealers could be a good concept.
Take a examine the following listing of Noida property sellers.
List of Noida Property Dealers
Bedri Kedar Properties – Since 2000, the assets dealer is within the real property enterprise. The supplier presents fine solutions for purchasing, selling and renting of residences ranging from flat, Kothi, business, industrial space, workplace area and plots in Noida and Greater Noida areas.
Jain Properties – The NCR based totally realty agent is concerned into promoting residential condos, apartments, pent homes, villas and industrial workplaces, showrooms which are advanced or below the development of famed builders in Noida, Delhi, and Gurgaon. The supplier also gives unique and pre-launch reserving schemes.
KR Associates – The dealer offers solutions for renting, selling and purchasing of properties like plots, residences, kothis, commercial and business areas in Noida and Ghaziabad. The provider is also concerned into imparting domestic loan answers.
Noida Ghar – The realty provider is considered to be one of the maximum premium Noida property dealers focusing on shopping for, selling and renting of commercial and industrial residences in Noida and Greater Noida regions. The Noida Ghar incorporates of a group of stimulated real property experts who aren’t most effective happy with their own metropolis but also have made a goal of supporting human beings to discover houses, places of work and different actual estate alternatives.
Shri Bala Ji – The Shri Bala Ji is one of the reputed Noida assets dealers. The provider offers with renting, shopping and promoting of residential and business residences within the area. The provider believes in building long time dating with its customers. It also offers different realty services ranging from residence protection POP paintings, whitewash, wooden work, and iron gate.