Everything about the 2024 Gujarat Housing Scheme

In addition to providing unsold housing units in existing projects, the Gujarat Housing Board has been actively introducing new projects to meet the state’s housing needs. In addition to being affordable, the government’s support ensures that these houses are built for every segment of society. 

Under the auspices of the state government, the Gujarat Housing Board (GHB) has been working to create new housing initiatives to benefit the populace. Housing for families in the Below Poverty Line (BPL), Economically Weaker Section (EWS), and Low-income Group (LIG) has received particular attention. A portion of the Middle-Income Group (MIG) and Higher-Income Group (HIG) of society are also catered to by particular projects in the new housing schemes.

 There are a few cities where the projects are underway: Surat, Ahmedabad, and Vadodara. 

Concerning the Gujarat Housing Board  

The division of the province of Bombay led to the creation of the Gujarat Housing Board (GHB) in 1961. The board must provide housing initiatives for all social classes of State residents. It not only constructs affordable apartments in Gujarat but also develops commercial properties. 

How can one apply for the Gujarat Housing Scheme 2023? 

The Gujarat Housing Scheme application procedure is as follows: 

Step 1: Go to the Gujarat Housing Board’s official website. 

Step 2: After that, click the “application form” link in the upper left corner of the homepage.

You can then the application form by opening a new window. 

Step 3: Correctly complete all the information and submit the form. Save the receipt for your records. 

Qualifications for the Gujarat Housing Scheme 2023 

  • The candidate must be a resident of the State of Gujarat and be older than eighteen. 
  • The scheme applicant was not eligible to receive any other housing scheme from the government of Gujarat.  
  • If someone wants to be eligible for MIG or LIG quotas, they cannot own any other property in India. 
  • Rs 1,00,001-2,50,000 is the annual family income threshold for applying for a LIG home. 
  • The annual household income requirements for applying for a MIG home are Rs 2,50,001-10,000,000. 
  • Candidates for HIG apartments must earn at least Rs 1,000,000 annually as a family. 
  • Required documentation to apply for a 2023 residence proof document under the Gujarat Housing Scheme
  • Caste certificate
  • Income certificate 
  • Aadhaar Card 
  • Passport-size photographs with a transparent background.

Which general amenities come with houses constructed through the Gujarat Housing Scheme? 

A few standard features of homes constructed by GHB are: 

  • Elevators 
  • Vitrified tiles (for flooring)
  • Parking 
  • Earthquake resistant construction 
  • Street lights 
  • Regular water supply 
  • Landscaping 

Distribution of residences under the Gujarat Housing Scheme 2023

The Gujarat Housing Scheme allots houses through a drawing process. The Gujarat Housing Board holds an online drawing in front of the applicants to guarantee transparency.  

Gujarat  Housing Scheme 2023 will also launch new projects soon. Visit the official website for announcements and updates on the application process. Additionally, these houses ae intended for end users, and tenants are not encouraged. 

Realty Investment Fell Sharply, ASSOCHAM

Realty investment in India has fallen sharply, reported ASSOCHAM, the apex body of industry.

Last year India received total investments worth Rs.122 lakh crore. Realty investment was only Rs.42,000 Cr. This is far below the amount received in the year-before. Continue reading

Realty Investment in the Last Fiscal, Gujarat Tops

According to a report by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), Gujarat received the largest realty investment in the last fiscal year.

AHMADABAD: Gujarat is one of the most sought after locations for realty investment. The report of the Associated Chambers of Commerce and Industry of India proves this. Continue reading

Rajkot Emerges as a Hot Real Estate Market

Rajkot is slowly emerging as one of the top real estate markets in Gujarat. The city is now witnessing a consistency in the rise of value appreciation.

Rajkot sees increasing demand for top-end residence and villas.

Rajkot sees increasing demand for top-end residence and villas.

GUJARAT: After Ahmedabad and Surat, now it has become the turn of Rajkot. Real estate market is picking up very fast in the city, making it one of the top real estate markets in the state.

Property prices have been rising in the city consistently for the last three quarters. With its gates keeping open to the IT and ITeS companies, the city expects to provide more jobs to the people. The demand for housing units will be more.

Rajkot-based Swastik Properties’ Chintan Vohra said that the most preferred housing units in the area is 2 BHK. He adds that those properties which fall between Rs.35 to Rs.50 lakh are also highly demanded.

Neighborhood localities like Kalavad Road, University Road and Yagnik Road are turning hot home destinations. These areas see maximum demand and supply. Continue reading

Mumbai Real Estate termed Investor-Unfriendly by CREDAI

CREDAI showed discontent over the unsupportive policies of the MH govt. by terming Mumbai real estate as “investor unfriendly.”

Bye Bye to Mumbai Real estate

Bye Bye to Mumbai

CREDAI is dissatisfied with the existing Mumbai real estate conditions. This unfriendly atmosphere of Mumbai leads CREDAI to shift their investment plan to Gujarat. Continue reading