Saturday 24 September 2011

new huda RESIDENTIAL property projects in gurgaon


Residential Plot by HUDA

The Residential Plots in a new sector are allotted by inviting applications in the leading newspapers. Allotment is made by conducting the draw from the applications received against the advertisement. All the successful applicants are issued a letter of allotment by including all terms & conditions of allotvevment and mode of schedule of payment. This allotment is made as per the provisions of Haryana Urban Development Authority (HUDA) Act, 1977. 

Schedule of payment
Transfer of Plot
Documents required for Transfer of Plot
Present Extension Policy
No Dues/Non Encumberances Certificate/Permission to mortgage
Reservation for various Categories Amendment thereof 
WHAT IS THE SCHEDULE OF PAYMENT ?
The following is the payment schedule for residential plots allotted by draw of lots :-
10% of tentative cost of the plot to be paid as earnest  money at the time of submission of application.
    15% of  the tentative cost of the plot to be paid within 30 days from the date of issuance of letter of allotment.
      Balance 75% of the tentative price of the plot is payable within 60 days in lumpsum without interest from the date of issuance of the allotment letter or in six annual instalments with 9%  rate of interest. The first instalment is payable after  expiry of one year of the date of issue of allotment letter. The interest, on the remaining amount however, accrues from the date of offer of possession.
        The  interest  @ 11%  per annum is chargeable on the  delayed payments for the delayed period as per existing policy.
        HOW CAN YOU GET THE PLOT TRANSFERRED ?

        The following guidelines/policies for transfer of Residential and Commercial Plots allotted by HUDA are applicable w.e.f  7.03.2000
        The transfer of residential / commercial plots wherein either full payment has already been made or laid down / Schedule of payment of instalments is over., whichever is earlier , shall be allowed only through execution of conveyance deed/sale deed. However, in other cases wherein full payment of the plot has not so far been made / Schedule of payment of instalments is not yet over, a maximum four trasfers shall be allowed before final payment.

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