Real estate developers say the Haryanagovernment’s decision to allow sale of more area under the Deen Dayal Jan Awas Yojana(DDJAY) will give a boost to the affordable housing segment in Gurgaon.
Haryana chief minister Manohar Lal Khattar had recently announced that the provision for freezing 50% of the land till grant of completion certificate will be amended to reduce the area to 20%.
“The move will enable cashflow in the sector while giving more options to home buyers. A much-awaited step, this has come as a Holigift for home buyers and developers,” said Pradeep Aggarwal, founder & chairman of Signature Global Group and chairman of Assocham National Council on Real Estate, Housing and Urban Development.
