Things You Probably Have Not Heard About Affordable Housing

 Housing is one of the most essential and biggest expenses in a person’s life. Having a safe and secure house where one can develop and grow old and take care of family needs is one of the most important things in life. Some people take it for granted these days. However, a house is that one thing that provides security and stability, so one can move to greater achievements and other challenges. In simple words, affordable housing in India is all about funding and building units to make them available and convenient for the weaker sections of the country.  If you are going to buy a new affordable Housing Project in Gurgaon, there are many factors you need to know regarding this. We are here to serve with a few explanations regarding affordable housing.

What Is Affordable Housing?

Affordable housing is a term that describes an individual or a family that can afford 30% or less of their income. The biggest priority of the local government is to provide a decent home to live in for their citizens, and it is one reason why there are housing policies. Families or individuals spending more than 30% of their income on household factors require affordable housing because paying rent and other necessities such as medical care, food, clothing, or transport can be difficult for them to manage. If you are searching for affordable housing, you have arrived on the right page.

Some Essential Points You Need To Know About Affordable Housing

Affordable Houses Are Hard To Find

In many countries of the world, the income of the households is low. India is one of the most emerging economies, which has been witnessing urbanization. Everyone these days is looking for affordable housing because of their income and status of affordability. The innovative entrepreneurs have been developing and experimenting with low-cost houses In India using energy-efficient ways, recycled materials, etc. However, there are various schemes announced by the government to help poor people find affordable housing. As per the reports, providing 30 million houses to the people of India will be fulfilled by 2022. For affordable homes in Gurgaon, you can reach out to  Mahira Homes.

Costs Of Affordable Housing

Affordable Housing has been increasing in demand for the past many years because of its price generation. Both land and construction have been increasing depending on the appreciation of the construction and material used. Different housing provides different facilities, and looking at the regular income of the people in India, they lack proof of buying an affordable house in India. It has been increasing in demand because a middle-class family is ten times greater than the rich people in India, encouraging people to go for affordable housing.

Availability Of Loans And Income Tax Reduction For Buyers

As the interest subvention happens, one can see more and more buyers interested in affordable housing. It encourages them to spend more as the proposed deduction of the income tax does a lot of savings for the common man, which means it will increase investment more towards the affordable segment of the society. Mahira Homes Sector 68 Gurgaon is the ideal place for you to reach out if you are searching for an affordable house.

Benefits For Women House buyers

The government of India had announced various schemes in favor of women to empower women of low-income households.  Women who are working have to pay lower rates of interest at home compared to the male counterparts. It is one of those things most people are still not aware of while buying a house.

Essential Issues In Affordable Housing Sector

Land Security

The high population and increasing urbanization have created a shortage in the development of lands. It is aggravated by high control over central districts of cities and not recycling the land, which leads to such a situation. It has been one of the essential concerns, giving rise to illegal encroachments.

Increasing Costs

Both the land and its construction prices have increased. Looking at things from customers' perspective, getting finance is difficult for them when they are working in an unorganized sector or do not have the required proof of loan process. For affordable homes in Gurgaon, do not forget to reach out to Mahira Groups.

Conclusion

For buyers, who are new in this sector, it might become difficult for them to go around. You must look after various factors before buying a house. However, if you are looking for affordable housing Mahira Homes Sector 68 Gurgaon is ideal for you to contact. We are one of the leading and demanding multifaceted developers providing services in North India. Being one of the prominent companies, we highly value customer satisfaction, money, integrity, and long-term relationships. What are you waiting for? Buy your own house, and live your dream!

Best Time To Buy Your First Dream Home in 2021

 

Do you want to get a new house this year? Then, what are you waiting for? Contact none other than the best real estate dealers- Mahira Homes. Mahira Homes is an affordable housing project in Sector 103 Gurgaon, Sector 95 Gurgaon Haryana. We provide 2 and 3BHK, along with well furnished apartments. If you are searching for affordable homes in Gurgaon, this is a proficient place for you. It can be the project of your dreams, so what are you waiting for? Find your best home at reasonable prices.

View Source: https://www.justgetblogging.com/best-time-to-buy-first-house/

What are home buyers seeking in a home design post-Covid?

With the onset of the Covid-19 pandemic, the people are persuaded to adopt the notable work-from-home scenario. Conventionally, it wasn't considered as a 'not much accepted' working mode in India. But, now that remote working has proved to be the new normal, employers have experienced a reduction in their overhead expenses and improved productivity. Thus, they have been able to save more! So, the people have commenced intending to invest in housing in Gurgaon. They are looking forward to attaining an affordable housing project in Gurgaon and invest the saved money there. They are no longer searching for exquisite design changes in the house. Instead, they need a house that is long-term functional.

Developers have already realized that pandemic has brought sudden changes in the world. So, their housing projects need to fit the needs of buyers. Irrespective of the kind of housing project in Gurgaon you want, you can get it at affordable prices in Gurgaon. Whether the buyers are searching for standalone villas or homes right in the city centers, they would always focus more on better liveability.

Below are the top functional changes that every Indian buyer is looking for:

1. Business center should be prevalent in a residential complex

Earlier, business centers were considered a luxury and were only meant to be present in the premium apartments. But now, it tops the necessity list of every buyer out there! More than 65% of the Indian buyers demand a notably separate business center in their apartments. They would use the same for entertaining their business guests and also conferencing.

2. Demands for a separate study room

Over 75% of the buyers intend to attain a separate study room in their houses. It is because work from home has become the new norm after the pandemic. So, it would be best for them to operate from there. Many of them are even ready to compromise a bit on the bedrooms' and halls' size for the prevalence of a separate study room. They do this because they want the carpet area to increase and the apartment's cost to elevate.

3. No more focus on proximity to the office

The majority of the Indians are up for traveling a bit more distance to their office rather than living in congested locations. It is because they are now focusing more on the betterment of their life rather than the traveling distance.

4. Wellness holds utmost importance

Since the day Covid-19 has hit the world, the thought process of the Indians has changed drastically. They are focusing more on their mental and physical wellness rather than the apartment’s size. The buyers are up for compromising on the amenities in return for a wellness concept. They want some connection with the pious nature and the environment to stay calm and refreshed. 

5. Facilities other than the basic necessities

More than 50% of the buyers are looking forward to getting full-scale facilities in their apartments. Every 4 out of 10 home buyers want to get cafeteria and restaurants in the societies they live in. Apart from that, they also expect the presence of concierge services, no-touch elevators, and no-touch smart home automation. They want to prioritize automation rather than the human guards there.

Bottom line

The thought process of Indians has changed, with Covid-19 marking its existence in the country. Thus, they have started demanding other alternatives when it comes to housing projects. If you are extensively searching for an affordable housing project in Sector 63 Gurgaon, Mahira Homes is here to serve you! Our whole experienced team of real-estate professionals shall facilitate you with an array of housing projects in Gurgaon to choose from! 

Our Projects:

affordable housing sector 103 gurgaon

mahira homes sector 63 gurgaon

Affordable housing sector 95

Avoid Mistakes When Buying An Apartment

 

You may have located your apartment in a convenient place that is close to amenities like schools, colleges, marketplaces, shopping centers, malls, and so on, but that should not ease you into a sense of contentment. Here are some of the ready mistakes to avoid when you are looking for affordable housing projects in Gurgaon.

1. Insufficient research into the builder reputation and financial clout
2. Depth of market research and market study
3. RERA norms
4. Do not rely on real estate agents blindly
5. Overlooking documents and paperwork
6. Be careful of car parking allocation
7. Don’t ignore the agreement of sale

What are the best affordable housing projects in Gurgaon?

 

if you Want to buy a home at an affordable price. here we can provide you some Points To Make The Transition Smooth when Buying Affordable Homes.

• Market research
• Area/ Location
• Amenities
• Questions to consider
• Age of the building
• Security
• Car Parking Space

You can Read Detailed Information: Buying An Apartment- Some Tips To Make The Transition Smooth

Top Mistakes To Avoid When Buying An Apartment

 

After you have put in a lot of hard work, saving up for your dream apartment, and compiling lists of apartments in Gurgaon, there happen to be quite a few important things that should not escape your notice. You may have located your apartment in a convenient place that is close to amenities like schools, colleges, marketplaces, shopping centers, malls, and so on, but that should not ease you into a sense of contentment. Here are some of the ready mistakes to avoid when you are looking for affordable housing projects in Gurgaon.

1.     Insufficient research into the builder reputation and financial clout: While it is easy and convenient to research the builder reputation on a search engine like Google, we advise you to conduct your own offline research with intent. Online research can never beat actual field research where you talk to customers who have invested in earlier projects to get a briefing about the quality of the builder’s projects, as well as how the housing apartments are shaping up after, say, 5-10 years after they have been built. Always buy from a builder who has a good reputation and is experienced with affordable housing in Gurgaon.

2.     Dearth of market research and market study: The dynamics of the real estate market keep on fluctuating and changing over time. Hence, before you go and invest the majority of your saved up money into an apartment of your choosing, you have to be aware of whether it is the right time and moment to invest in real estate. You are advised to go online and check out the prices of similar housing units in your locality. Compare their quality with the quality of the apartment that you have selected and wish to buy. Also, you need to conduct research into every little aspect of the affordable housing in Gurgaon which includes information about previous owners, the type of the building, as well as the reputation and history of the builder.

3.     RERA norms: It is a fact that according to the norms of K_RERA, those buildings with above 8 apartments and those real estate projects with over 500 sq meters of space have to be registered with the authorities and will not be deemed ready for sale until registration is obtained from K-RERA. And also, not only real estate projects but the brokers of these apartments will have to register with RERA so that the transaction goes through smoothly. Be aware of this rule because it will help you to bypass the fraudulent agents and obtain transparency.

4.     Do not rely on real estate agents blindly: When in the market for affordable housing projects in Gurgaon Sector 63, be aware that there are many fraudulent real estate agents all over the block who will not bat an eyelid before handing you a spiked deal. You have to be proactive and conduct your market research very thoroughly before talking to a real estate broker about affordable housing in Gurgaon. In the majority of the cases, the broker will be a seller’s broker and this cannot be in your favor. When you take the advice of a real estate agent, do not rely on them without checking out the facts for yourself.

5.     Overlooking documents and paperwork: The most important facet of purchasing a stake in affordable housing projects in Gurgaon, or for that matter any other place, is the documentation and associated paperwork. If you go ahead and ignore the documents and the paperwork there is a very real chance that you will end up bereft of both the property and your hard-earned money. Thus, you have to be super vigilant and scrutinize all the related documents associated with affordable housing in Gurgaon Sector 95.

6.     Be careful of car parking allocation: When you acquire the apartment, you will have to choose your car parking at that very same time. The agreement has to be signed by the builder at the same time as the documents for the apartment are. Also, you should obtain the plan for your floor along with the plans for the electricity and the plumbing.

7.     Don’t ignore the agreement of sale: When you are looking for affordable housing projects in Gurgaon Sector 68, at the time of sale of the apartment, when you hand over your money and obtain the agreement of sale, scrutinize it with minute attention. This is because once you sign it, you will lose the power to counter anything that is said on it.

Finally, before we end, you are advised to check the carpet area as well as the saleable area and see if it is within limits. Also, keep an eye out for the hidden costs that the builder or the broker might leave out of the discussions. If you take these tips seriously, you will be in a good position to negotiate for the sale of the apartment within affordable housing in Gurgaon.

Why Choose Mahira Homes for Affordable Housing Projects in Gurgaon

  

Mahira Homes is a new and much awaited affordable housing project in Gurgaon by Mahira Group coming up with a perfect place for your abode, situated in Upcoming Housing Projects.