Thursday , October 21 2021

Archie Galaxy will change the concept of Affordable Housing

The high quality of construction will be the new game changer

Udaipur :  Under the Chief Minister’s ‘Jan Housing Scheme’, all the new houses to be built will be following a new revolution. Now higher standards in the quality of housing including the modern technologies of construction, will be provided and made available to everyone in Udaipur, keeping in mind even families belonging to lower incomes. The ‘Archie Group’ of Udaipur is coming forward with a promise to give 620 flats for the LIG and the ELBS classes, amidst the Aravalli suburbs surrounded by greenery. The work of ‘Archie Galaxy Township’, known as ‘game changer’ in the world of construction, has begun just 50 meters from the highway in front of Debari Powerhouse. The airport is only 10 kilometres making it only 10 minutes from the Township. The township will have 420 flats for the LIGs whereas 200 flats for the EWSs.

Rishabh Bhanavat and Sanjay Banthia of the group told that their dream was that people of economically weaker sections should also get a house at a reasonable and minimum price with all facilities in it. From the process of establishing the foundation to the completion of construction, only high quality materials will be used. Based on the scheme, construction on war-footing has started with the help of best engineering skills. Under the prescribed rules of the state government, applications for this scheme will be sought soon. After the application, lotteries of eligible people will be removed. Bhanwat said that the most important thing about this township is that 75 percent of the area is left open. This area will have six towers that will be ten floored, and will be named Earth, Mercury, Mars, Jupiter, Varuna and Venus respectively.

Special discount in stamp duty and GST

Archie Galaxy Township is special in many ways. The applicant will not be disturbed even to raise the lump sum money for the flat. Buyers will be credited directly through the NPV loan institution in a loan account of 6.5% subsidy on a loan of Rs 6 lakh, which is about 2.67 lakhs. The registration fee has also been given a huge exemption by the state government. At present, instead of 7 percent, only 1 percent on EWS whereas only 2 percent registration fees in the LIG category will be charged. Not only that, the government is now taking 12 percent GST on this type of construction but given the 4 percent discount, only 8 percent GST will be given.

For the Economically Weaker (EW) class

This scheme is for those who earn annual income of up to Rs. 3 lakhs. There will be a total of 200 flats. It will have super built-up area measuring 516 square feet. The estimated cost will be Rs. 9,91,000. Each flat will have one room, hall, kitchen, an attached & common toilet. The dimensions of the room will be 10 inches’ x 6 inches’ x 10 feet. Applicants in this category will have to deposit a DD of Rs. 75,000 along with the application. This amount will be returned to the respective person if the number is not received in the draw. The application form will cost Rs. 1,000, which will also be refunded in case the name does not appear in the draw.

For the Low income (LIG) class

This scheme is for those who earn annual income of up to Rs. 6 lakhs. In this category, 420 flats will be available in the category. It has a super built-up area of 678 square feet. The estimated cost will be Rs. 14,91,000. There will be two bedrooms, an attached toilet, a hall, a large box, a common toilet facility. The application form will cost Rs. Rs. 1,000. Those who apply will have to deposit a DD of Rs.1 lakh 45 thousand while applying.

Where can I find the application form

The application for this scheme will start from 23rd August, 2018. Applicants will get application forms from the site office located in front of Debari Power House, Archie Arihant Building near Fotiage Hospital, 100 feet road, Banthia Bhavan and RMGB, Bapu Bazar near Andhra Bank in Shaktimnagar. A brochure will also be provided with the form, which will include all the information related to the scheme. Lottery will be proposed after approximately 45 days of application. 

Conditions for eligibility

Applicant’s age should not be less than 18 years of the last date for submission of application. The applicant should be a native resident of Rajasthan. He has to give a verified copy of his original residence or his affidavit. Native residents of Rajasthan will be given priority. In case if proper applications of native residents of Rajasthan are not received, they can apply for Indian citizens staying in Udaipur city since more than a year. As per the guidelines of Rajasthan government, the annual income of the beneficiary family has been fixed at Rs. 3 lakhs p.a. for EWS, Rs 3-6 lakhs p.a. under LIG. Calculation of income for income-class is determined based on the fiscal year of 2017-2018.

The total annual income of the applicant will also be included in the total annual income of the spouse and dependents. The applicant should not have a house or plot of a lease hold or freehold in any city having a population of one lakh, in the name of himself, wife and any dependent member (including unmarried children).


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