The last decade has seen a sudden surge in the construction of affordable housing in India. Faridabad too has been one of the cities which have seen a great number of such high rise projects being constructed over the past few years and there are still many in the pipeline in the city. This surge has been witnessed due to the increase in the prices of real estate in all parts of the country so that a certain section of society is finding it increasingly difficult to own their own homes. The Pradhan Mantri Awas Yojana was launched in 2015 to provide affordable housing to at least 20 million people by the end of 2024. In Faridabad there are a number of construction companies engaged exclusively in such affordable homes. The government for this purpose is providing a subsidy of 2.67 lacs for the people who do not own their own homes till now. The Master plan of Faridabad 2031 has also focused on encouraging the construction of such high rise projects of flats in Faridabad as these make more residential space available on lesser amount of land and the administration has been promoting this by sanctioning more projects of residential flats in Faridabad in their various sectors across the Agra Canal now known as Greater Faridabad. One of the companies engaged in this is the Auric Group with a project in sector 85 called the Auric S3 Green Avenue.
Salient Features of Auric S3 Green Avenue.
Name of the project : Auric S3 Green Avenue sector 85 Faridabad.
Name of Developers : S3 Infrareality Pvt. Ltd. (Auric Group)
Total Project Area : 5.3 acres of land in sector 85.
Number of Flats in project : 766 flats.
Configurations of Flats : 1 BHK and 3BHK residential units.
Carpet Area of the flats : 318 sq.ft and 645 sq.ft respectively.
Number of Towers : 13 high rise towers with 14 floors each.
Status of the Project : Under construction and to be completed by 2023.
Location of the project in sector 85 is well provided with all the necessary features needed by a large residential community. There is the Delhi Metro which is providing the sector with a very modern and fast public Transport system. Then there are some of the best schools in the country in the sectors surrounding sector 85 just five to 10 minutes away like the Modern School and the Aravali International. The Amrita Hospital in sector 88 is going to provide the whole city with the most important medical aid in emergencies. This is just five minutes away from sector 85.
Amenities in Auric S3 Green Avenue Faridabad.
Manual Security at the main entrance of the project.
Paved roads in the compound.
Rainwater Harvesting system.
Firefighting equipment in the towers.
A beautiful garden in the center with a kids play section.
Parking for vehicles of the residents.
Maintenance crew for repairs.
Power back up for common areas and lifts.
A commercial area with shops to cater for daily needs of community.
Price of the Flats in Auric S3 Green Avenue is in the range of 14 lacs and 26.33 and there is a subsidy being offered by the Central Government of2.67 lacs.