NBCC Launch Housing Scheme & Results 2009

National Building Construction Corporation (NBCC) is launching a massive scheme for affordable housing in major cities, including NCR. NBCC is set to become a hit because it gives three to four bedrooms within a price band of Rs 25-45 lakh.

The scheme, proposed the construction sector PSU will provide around 1,300 houses in the first phase of the NCR region Gurgaon, Noida and Ghaziabad.

An official said the scheme will initially be open to government, state and central government employees, and later extended to the public.

The NBCC boss told Toi "We keep our promise to deliver affordable housing in the capital and NCR region and also in other cities like Kolkata, Kochi and Patna"

As the Realty sector is hard hit by the economic slow down, which provides affordable housing in Delhi and NCR has been a top priority for public and private sector property developers and enterprise agencies.

Housing costs are made possible by the NBCC is due to its adoption of the forward cost method and a transparent mechanism to clearly identify the super area loading, so that any individual buyer is not confused with these questions while booking a house or apartment.

Arup Roy Chaudhury, CMD, NBCC, the apartments, which will be in the basic price band of Rs 25-45 lakh has all modern facilities. The specifications will be on par with those offered by private builders.

UP for grabs

• Two-bedroom apartment close to Mehrauli to cost around Rs 20 lakh, 3-bedroom Rs 30 lakh and 4-bedroom Rs 40 lakh
• NBCC to advertise the project by year-end. Plans for Gurgaon, Greater Noida also
• Combination of commercial and residential units to cross-subsidize residential units.

Get more info about NBCC Launch Housing Scheme  So Visit to Official site.