DTCP notifies new rates for affordable housing projects

The Haryana government has increased the price of affordable flats in Gurugram, Faridabad, Panchkula, Pinjore, and Kalka from ?4,200 per sq ft to ?5,000 per sq ft. The decision has been criticized by buyers, who say that affordable housing is now out of reach for the common man. Real estate experts also argue that the price hike is steep and unjustified. However, developers believe that the increase in rates will make affordable housing projects more viable.

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