24.74375 Acres DDJAY Residential Plotted Colony
by Loon Land Development Limited
About 24.74375 Acres DDJAY Residential Plotted Colony
Project Overview
This 24.74375 Acres DDJAY Residential Plotted Colony in Sector 79, Gurugram is developed by Loon Land Development Limited under the Haryana Government's Deen Dayal Jan Awas Yojana (DDJAY) scheme. The project spans approximately 8.7465 acres in the Revenue Estate of Village Naurangpur, featuring 163 residential plots with permission for stilt plus four-floor construction. The total built-up area is 121,934 sqm with an estimated project value of Rs. 285 Crores.
Location Advantages
Sector 79 in the Manesar region of Gurugram offers excellent connectivity to major industrial hubs and transportation networks. The location provides easy access to the Delhi-Jaipur Highway (NH-48) and is well-connected to Manesar Industrial Area, one of India's largest manufacturing zones. The strategic positioning makes it ideal for working professionals in the automotive and industrial sectors while remaining connected to the main Gurugram city center.
About DDJAY Scheme
The Deen Dayal Jan Awas Yojana is a Haryana government affordable housing initiative launched under Pradhan Mantri Awas Yojana (PMAY). Key benefits include budget-friendly pricing due to reduced government fees, easy home loans with up to 80% financing, PMAY subsidy of Rs. 2.35 lakh interest benefit for first-time buyers, and independent floor registration where each floor can be sold separately. The scheme promotes legal plotted developments with faster approvals processed within 6 months.
Development Features
The plotted colony offers residents the flexibility to construct independent floors according to their preferences, with each plot allowing stilt plus four-story construction. Plots are strictly designated for residential use, with only 4% of the project area allocated for commercial purposes. Buyers benefit from legal security with government-approved layouts and transparent documentation.
Investment Consideration
Registered under RERA (RERA-GRG-1509-2023), this project offers an affordable entry point into the Gurugram real estate market. The Manesar district location provides good appreciation potential given the ongoing industrial development and infrastructure improvements in the region. Note that the DDJAY scheme has been discontinued for new projects in Gurugram and Faridabad due to high land prices.
Project Details
- Project Name
- 24.74375 Acres DDJAY Residential Plotted Colony
- Developer/Promoter
- Loon Land Development Limited
- Location
- Sector 79, Gurugram
- District
- Manesar
- City
- Gurgaon
- State
- Haryana
- Project Type
- Real Estate
RERA Registration
- RERA Number
- RERA-GRG-1509-2023
- Registration Date
- 12-Dec-2023
- Status
- Approved and certificate uploaded
Always verify project registration on the official RERA portal before making any investment decisions.
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