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