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The Importance of Demand Survey in Housing

Most of the organizations or societies working for welfare of a certain segment in the arena of housing, conduct Demand Surveys for assessing the viability of a project at a given location, to assess and evaluate the feasibility of launching a new housing scheme, by ascertaining its legal status as well as future prospects. In fact, Demand Surveys ensure that participants get an opportunity of buying a good quality house, in an upcoming area, with modern amenities and facilities, and that too at a genuine price, which is less than the existing market price of that area.dm

Regular Demand Surveys are conducted in various parts of India by many organizations and societies working for the welfare of defense services personnel and their families such as AFOWO (Armed Forces Officials Welfare Organization), AWHO (Army Welfare Housing Organization), AFNHB (Air Force Naval Housing Board) etc, besides some societies for other departments like IRWO (Indian Railway Welfare Organization),  CGEWHO (Central Government Employees Welfare Housing Organization) etc.

According to Gp Capt Yudhvir Talwar (Retd), President of AFOWO, which has been credited with delivering many prestigious housing schemes in Delhi-NCR and other locations, “Due care and diligence is exercised in conducting a preliminary Demand Survey at various locations before finalizing to launch a project. All aspects including location, legal status, amenities in the vicinity, scope for appreciation, etc are taken into account to arrive at the best option for a project”.

Moreover, through the Demand Survey the number of personnel desirous of acquiring a dwelling unit at the proposed location is also assessed and ascertained. Demand Survey takes into account all parameters desirable for a housing project, including its location, proximity to essential facilities like markets, schools, hospitals as well as other public conveniences. Development in the vicinity of the proposed scheme is also taken into consideration, as it is a major factor towards future appreciation in value of the project.

Participants of a Demand Survey need to fill up an application form and deposit a token amount (generally refundable) as commitment money to the society. After the Demand Survey is complete, the participants are provided with all the details of the proposed scheme, including its layout, features, sizes of various configurations, price per sq. ft, payment plans etc. If satisfied with all of the above, the participants can book a unit in the launched scheme, while in the event of being uninterested, can apply for withdrawal from the scheme.

In the present day scenario, wherein many private builders have failed to honor their commitments, resulting in loss of hard earned money of an average person, most of the home buyers seem to have lost trust in these builders. In these circumstances, Demand Survey has emerged as a viable option for home buyers, who can rest assured of getting a good house at genuine prices, as these organizations and societies work for their welfare and benefit.

AFOWO – An Overview

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Armed Forces Officials Welfare Organization (AFOWO) has been established with the mission of helping serving and retired armed forces officials, their families and dependents by assisting them in various important facets of life. Although AFOWO aims to work in many segments including Education, Skill Development, Employment, Careers, Housing, Investments, Retirement Assistance etc, it is currently engrossed in proffering high quality and cost effective residential units to its members.Being a social service organization working on ‘NO PROFIT NO LOSS’ basis, AFOWO is duly registered under the Societies Registration Act 1860, and is headed and managed by retired defence services officers, assisted by professionals in various fields.It has been a constant endeavor of AFOWO to provide cost effective, high quality, and growth oriented housing solutions including residential plots, apartments, independent floors, farm houses etc, to its members from the defence as well as para military forces.

AFOWO’s executive members are credited with completing and delivering many group housing projects from initialization to possession, thus benefitting thousands of defence forces personnel and their families. Some of the delivered projects includeAFNOE at Sector 7, Dwarka (375 apartments), Raksha Enclave at BRS-6, OMEGA-1, Greater Noida (50 Bunglows), besides other housing projects like Raksha Retreat at Nainital (80 Villas), Raksha Towers at Sec-37 D, Gurgaon in BPTP Park Sarene Project (250 apartments), Raksha Towers at Noida Extn in Supertech’s Eco Village (250 apartments) and Raksha Towers at Sector 68 Gurgaon in Mi Casa Project under Pareena Group.

Presently, AFOWO is inviting applications for 2/3/4 BHK apartments, with sizes ranging from 985 to 1865 sq ft, in Raksha Towers, coming up in the fast developing area of Greater Noida West (Noida Extension). The project is located at Sector 1, which will become the first sector of Greater Noida West, once the construction of the bridge connecting it to Noida is complete. Located in the midst of the ongoing mammoth development, this project is easily accessible from Delhi, Noida (just 2 kms from sector 78), FNG Corridor (1.5 kms), and is well connected by road as well as the Metro.

The promising location, coupled with the special subsidized price with friendly payment options (approved by various banks for Home Loans), besides quality of construction, modern amenities and envious neighbourhood, are poised to make Raksha Towers a fine place to live in, as well as a great investment option for the future.

With its unflinching resolve and deep commitment of working towards the welfare of serving and retired defence personnel, their families and dependents, AFOWO is planning more group housing schemes, and hopes that its members and patrons would take advantage and immensely benefit by availing homes in the forthcoming projects.

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