NBCC Affordable Housing Scheme 2010 : NBCC



NBCC Affordable Housing Scheme 2010 : National Building Construction Corporation

National Building Construction Corporation (NBCC) is launching a massive scheme for affordable housing in major cities, including the NCR, on Wednesday. At a time when private builders and developers are reeling under the impact of the global economic downturn, NBCC’s scheme is likely to be quite popular as it offers three/four bedroom flats in a price band of Rs 25-45 lakh.

Under the scheme, the PSU will offer around 1,300 houses in the first phase in NCR — Gurgaon, Noida and Ghaziabad. According to Arup Roy Chaudhury, CMD, NBCC, the flats will have all modern facilities. The specifications will be at par with those offered by private builders.

Sources pointed out that NBCC is also contemplating creation of separate enclaves for plotted development, including town houses and villas, in an affordable price range in NCR, most likely in Ghaziabad. An official said the scheme will initially be open to government, state and central public sector employees and later extended to the public.

‘‘We are keeping our promise to deliver affordable housing in the Capital and NCR region and also in other cities like Kolkata, Kochi and Patna,’’ the NBCC chief told TOI.

Sources in NBCC said land is now being acquired for the purpose in Delhi, Gurgaon and Noida. Also, the agency is keen to buy five other plots at a reserved price offered under the group housing scheme for which the Noida Authority failed to find private players.

As the realty sector is badly hit by the economic downturn, providing affordable housing in Delhi and the NCR has become the top priority for private and public sector real estate developers.

The PSU, which has registered a high profit, is also likely to launch similar scheme in other cities like Kochi, Patna and Kolkata.

‘‘Housing at affordable prices has been made possible by NBCC due to its adoption of forward costing method and a transparent mechanism by clearly identifying the super area loading so that any individual buyer is not confused by these issues while booking a house or flat,’’ Chaudhary said.
Source: The Times of India

3 comments

Sir,granting of onetime measure (one increment w.e.f Jan-06 must be strongly raised to bridge the gape of total emoluments a person joined one month later.Staff side should not compromise with the govt.- kamal ranjan chakraborty

Reply

Sir,granting of onetime measure (one increment w.e.f Jan-06 must be strongly raised to bridge the gape of total emoluments a person joined one month later.Staff side should not compromise with the govt.- kamal ranjan chakraborty

Reply

The Royale Park Hotel - Hotels in Noida Delhi - enjoy holidays in cheap hotels of NOIDA/Delhi and make business plan in best guest house of noida, Accommodation in Noida, book serviced apartments noida at very affordable price.

Reply

TOP ARTICLES - EXCLUSIVE NEWS
50% DA Merger – A Sad End to A Demand...!
On 01.01.2011, DEARNESS ALLOWANCE crossed 50%. It started from '0' in 2006 and, within 5 years, i.e., in 10 instalments, it has completed 50%.
Read more...
Government has decided to raise the Retirement age to 62
What is the background behind this news?
Read more...
EXPECTED DEARNESS ALLOWANCE FROM JULY 2014
This is the first thing that all Central and State Government employees alike would eagerly like to know!
Read more...
DA CALCULATION SHEET
We are proud to be the first to formulate the DA Table.
Read more...
7th PAY COMMISSION NEWS
Prime Minister Approves the Constitution of Seventh Central Pay Commission
Read more...
LEAVE TRAVEL CONCESSION
Will Air Travel Continue for the Next 2 Years?
Read more...
100% D.A from January 2014 – Some Allowances and Advances Rise by 25%
The Fifth Central Pay Commission had recommended uniform neutralization of DA at 100% to employees at all levels
Read more...
Will 7th CPC Add Lustre to the CHILDREN’S EDUCATION ALLOWANCE & HOSTEL SUBSIDY SCHEME?
It was only in the 6th CPC that the CHILDREN’S EDUCATION ALLOWANCE & HOSTEL SUBSIDY was introduced to Central Government employees.
Read more...
5th CPC had ACP, 6th CPC had MACP; what does 7th CPC have?
Assured Career Progression (ACP) is a boon to employees who have been suffering without promotions for years.
Read more...
LIST OF HOSPITALS / DIAGNOSTIC CENTRES EMPANELLED UNDER CGHS
The “Central Government Health Scheme” (CGHS) provides comprehensive health care facilities for the Central Govt. employees and pensioners and their dependents residing in CGHS covered cities
Read more...
Possibility to announce Interim Relief before elections
Proposals of Enhancement of Retirement age and Merger of D.A may not materialize
Read more...

CENTRAL GOVERNMENT EMPLOYEES AND PENSIONERS NEWS

Popular Posts of this month