Table of Contents
What are HIG houses?
HIG Housing: As obvious it is by its initials, the HIG housing facilities are for the people belonging to the high-income groups earning a net value of more than 18 lakhs a year.
What is LIG and MIG?
Full-form of LIG, MIG and HIG flats LIG stands for low-income group or grade, whereas MIG signifies middle-income group or grade. Similarly, HIG is used to define a high-income group or grade. The categorisations are basically made, based on people’s income.
What is MIG housing?
Middle Income Group (MIG) – I: MIG – I households are defined as households having an annual income between Rs. 6,00,001 (Rupees Six Lakh One) up to Rs. 12,00,000 (Rupees Twelve Lakh). Middle Income Group (MIG) – II: MIG – II households are defined as households having an annual income between Rs.
What is low income group housing?
Low Income Group (LIG): LIG households are defined as households having an annual income between Rs. 3,00,001 (Rupees Three Lakhs One) up to Rs. 6,00,000 (Rupees Six Lakhs).
What do you mean by MIG?
MIG stands for Metal Inert Gas. Only inert gases or gas mixtures are used for the shielding gas when MIG welding. Typical inert gases used for MIG welding are argon and helium.
Is LIG an English word?
To lie; be in a prostrate or recumbent position. Etymology: From liggen, from licgan and liggja.
What HIG means?
HIG
| Acronym | Definition |
|---|---|
| HIG | How’s It Going |
| HIG | Hartford Insurance Group |
| HIG | Home Improvement Grant (various locations) |
| HIG | Health Information Gateway |
What is the difference between Lig and MIG Flats?
The LIG is the household group earning between ₹ 3 to ₹ 6 Lakh per annum while the MIG is the household group earning between ₹ 6 to ₹ 12 Lakh and ₹ 12 to ₹ 18 Lakh (MIG-I and MIG-II category respectively). There is one more difference between LIG and MIG flats I.e., LIG flats are mainly comprised of 1 BHK flat while MIG flats are 2 BHK.
What are LIG MIG HIG Housing standards prevailing over the country?
Let us take a glance at the LIG MIG HIG housing standards which are prevailing over the country these days. LIG Housing: People belonging to the low-income group households that are capable of making a gross annual income of rupees 3 to 6 lakhs are categorised under this sub-heading.
What is the difference between BHK and Lig and MiG?
The BHK terminology has mostly been developed in Mumbai’s real estate market, whereas the terms like LIG, MIG, and HIG have been developed in New Delhi when DDA (Delhi Development Authority) started providing flats for people of each category. HOW DO WE DECIDE THE LIG MIG AND HIG GROUP?
What is the difference between HIG and MiG?
MIG stands for Middle Income Group or Grade. And finally, HIG stands for High Income Group or Grade. By this, you may have an idea now how these categories are decided, and here when we talk about Group – this group consists of people earning and grade is the sector where people earn the level of income to fall under any of these categories.