India, March 26 -- The Haryana government on Tuesday revised prices of flats developed under the Affordable Housing Policy-2013, raising rates across Gurugram, Faridabad, Sohna and other towns, officials said. The revised prices now range from Rs.4,250 per square foot (per sq. ft) to Rs.5,575 per sq. ft. The decision was taken at a Haryana cabinet meeting chaired by chief minister Nayab Singh Saini.

According to the decision, the revised rates will apply to all licences granted under the policy where allotments are yet to be made. In cases where applications have already been invited, the draw will be conducted based on existing applications, but the differential amount will be recovered from successful applicants. Ongoing projects where...