They disclose requirements to acquire low-cost housing
Obras Expansión | June 22, 2021 |

In 12 corridors of Mexico City, low-cost housing is built through the Urban Regeneration and Inclusive Housing program, which aims to create more accessible spaces for citizens in a metropolis where the cost of apartments is the highest in Latin America.

The government of the country's capital has not given details about the location of all the properties, but has announced that they are located in the Historic Centre, Chapultepec, Zona RosaTacubaya, Vallejo, among others. In addition, the Ministry of Urban Development and Housing (Seduvi) published in the Official Gazette the guidelines to be followed by people interested in acquiring or renting any of these homes.

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The price of the properties will depend on their size and the number of rooms they include, but limits have been established on sale and rental prices - both schemes will be available.

The maximum cost per square meter will be 217.5 UMAS (Unit of Measurement and Update) which by 2021 is 89.62 pesos per day, 3.15 more than last year, so the cost per measure is 19,492 pesos.

An apartment of 45 square meters will cost 875,520 pesos, but it can be found up to 615,241 pesos. In the operating rules of the program, it is established that in larger properties the price should not exceed 1,192,662 pesos.

In the rental format, Seduvi established that the price should not be higher than two UMA per square meter, that is, the maximum will be 8.65 pesos per month.

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People interested in acquiring one of the low-cost properties may do so individually, jointly or cooperatively (in a group), but no one should be the owner of another property at the time of registration.

Another requirement is that you are over 18 years old at the time of application and must prove the following parameters: Residence, Work situation, Family composition, Household income.

The Cuauhtémoc municipality offers apartments for rent from 30 m² to more than 400 m², in buildings near important avenues such as Paseo de la Reforma and Insurgentes.

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