For projects that have already received a license and approved building plans, the builder must get consent of at least two-thirds of allottees to implement the rule. However, projects that have already obtained an Occupation Certificate (OC) are exempt, the policy said.
It should be noted that the Haryana government has revised the maximum allotment rates across cities based on carpet area. In Gurugram, the cap has been increased to ₹5,575 per square foot (PSF), along with an additional charge of ₹1,300 per sq ft for balcony space, capped at ₹1.3 lakh per flat.
Will the cost of affordable housing units go up?
As a result of these revisions, the cost of an affordable 600 sq ft apartment in Gurugram is now estimated at around ₹35–36 lakh. Additionally, the cost of parking, fixed at about 10% of the flat price, would add roughly ₹3.5–3.6 lakh, raising the overall cost for homebuyers.
“The Haryana amendment's new PSF cap of 5,575 in Gurugram slightly increases developer margins, but the required parking, which costs 10% of the flat rate, will make things more expensive for buyers, making units even less affordable,” said Santhosh Kumar, vice chairman, ANAROCK Group.
As ANAROCK has repeatedly affirmed, to make affordable housing more attractive to developers, the segment needs focused, high-impact measures such as tax breaks for developers, so they shift their focus more to this vital segment rather than to the current premium and luxury segments, and for buyers, to improve affordability.
Bringing back the Credit-Linked Subsidy Scheme (CLSS) under PMAY for EWS/LIG buyers would give affordable housing buyers interest subsidies of up to ₹1.8 lakh, boosting demand. The government can also incentivise developers to build more affordable housing by reintroducing the 100% tax holiday benefit they previously enjoyed under section 80-IBA in the Finance Act, 2016. This section provides major tax relief on the profits earned from developing and building affordable housing projects, said Kumar.
A report by Anarock had earlier shown that there are limited affordable housing options in the primary market, as new supply in this category has declined substantially over the last few years.
A recent report by Knight Frank India showed that housing sales below ₹50 lakhs witnessed the steepest decline in the large base-volume category. Among the categories with the lowest base volume, this affordable housing price segment witnessed the steepest YoY decline of 23%, with residential sales of 16,273 units in Q1 2026, it noted.
