Haryana Housing Board launches low-cost industrial housing

March 03, 2010

Vinod Behl

Haryana government has launched an ambitious housing scheme for the industrial workers in the National Capital Region.

Under this scheme, Haryana Housing Board has come up with low-cost housing options in the industrial belts of Bawal on NH8 and Barhi on NH 1. Sources in the Haryana Housing Board told Property Pulse that in all 882 apartments are available on hire purchase basis. Out of these, 602 apartments are in Barhi Industrial Area, just 20 km from the Delhi border. The tentative sale price is Rs 7.20 lakh.

Giving project details, a Haryana Housing Board Official said that these freehold low-cost flats with innovative and earth quake resistant design are located in posh and fully developed neighborhood and have all basic amenities amidst lush green area with wide roads.

Haryana Housing Board which has reserved 33 per cent flats for the women has opened the registration for the allotment of these apartments. The 40 per cent of the apartment cost has to be paid at the time of possession and balance 60 per cent through EMIs spread over 10 years.