Few years back the Government of India floated the Pradhan Mantri Awas Yojana a scheme to provide a total of 4 million homes for the urban poor in India. Faridabad is one of the cities where there are a number of projects being developed and marketed under this scheme as it is a city consisting of a large middle class population. Quite a few of these high rise affordable homes have already been constructed and many more projects are on the anvil and expected to be delivered in the next few years. A number of builder active in Faridabad have completely devoted themselves to construction of such affordable flats in Faridabad.
The Auric Group is one of the groups which have more than one project of flats in Faridabad under the affordable category. One of these is located in sector 82 and has been christened the Auric City. Auric City is a project which has been constructed under the Pradhan mantra Awas Yojana in sector 82 and has 832 flats of 1BHK and 3 BHK residential combinations. The project has been constructed on 5 acres of land and the 816 flats are spread out over 8 high rise towers of 13 floors each. The carpet area of these residential flats in Faridabad is in the range of 324 sq. ft and 628 sq.ft. The project is complete and has been handed over and the almost 85 % of the flats have already been occupied.
When we look at the location of this project in sector 82 we notice that it has all the best features necessary for the success of an affordable housing project. This location is surrounded on all sides by wide roads and these make it possible for the people to commute quicker in all the directions of the region and connect to the different part of the NCR. There is a classy and very efficient public transport system close by so that the people can commute quickly to work and back. The Metro has a station just 5 to 7 minutes away at both Neelam Ajronda and Bata Chowk. Also very nearby are the best medical facilities to cater to the healthcare of the residents with the Metro Heart Institute hospital and the Amrita Hospital. Besides this there are at least 15 to 20 very famous schools to take care of the educational requirements of the kids of the residents. School like the Shiv Nadar and the Delhi Public School are just walking distance.
S3 Infrareality Pvt Ltd is the promoter and developer of the project and has provided quite a few amenities in the project. These include the following: security at the gate of the complex round the clock in shifts; paved roads in the complex; LED street lighting; power back up for the lifts and common areas: 24 hour water supply for the flats; maintenance crew for minor repairs; garbage collection facilities; open air parking facility ad many more such amenities have been provided.
The Cost of the flats in the Auric City 82 Faridabad are presently between 15 and 32 lacs and the government is providing a subsidy of 2.67 lacs under the scheme for first time home owners.