CHB to launch quality, affordable housing scheme
The flats under this new scheme will be given at affordable rates to fulfill the rising demand of housing in Chandigarh
Oct 18, 2014
Source : The Times of India
Chandigarh Housing Board


CHANDIGARH: In a major decision, the Chandigarh Housing Board (CHB) decided to bring a new housing scheme for Chandigarh in its board meeting on Thursday. The flats under this new scheme will be given at affordable rates to fulfill the rising demand of housing in Chandigarh in sectors 51 and 54.

During the meeting, it was decided that the CHB needs to set a benchmark for quality and affordable housing and also fulfill the demand for housing in the city. In view of the huge demand from the public for general housing, the CHB has decided to float two new self-financing housing schemes. The scheme would come up in sectors 51 and 54.

Under these schemes, it is proposed to construct approximately 1,700 flats of various categories like one room flat (EWS), 1 BHK (under low-income group category , 2 BHK (under middle-income group category) and 3 BHK (under high-income group category).

While the flats in Sector 51 are likely to be constructed on pattern similar to other flats constructed in the sector, the parameters intended to be incorporated in newly-proposed scheme at Sector 54 will be based on modern thinking. For instance, these flats would be designed by a consulting architect who will be selected through an open design competition at the national level. Features such as energy efficient and aesthetical design, optimum use of land, green architecture, modern technology for construction with use of sustainable building material, solar energy utilization and rain water harvesting will be incorporated.

Besides that, the board found that 143 commercial properties of CHB are lying vacant since long due to which the residents are facing inconvenience regarding access to essential products/services.

It was decided by the board to rent out the commercial properties for a maximum period of three years. Preference will be given to banks/government organizations/autonomous bodies/boards and corporations. It was decided that these properties may be rented out by way of open auction.

Moreover, it was also decided that allocation of specific dwelling unit number through draw of lots is scheduled to hold on October 28 for 160 two bedroom flats in Sector 51. The allotment and possession of the dwelling units shall be given to all applications who have deposited the cost of the flat. The possession is targeted to be handed over by November.

The board also found that there was an urgent need to consider an alternate mode of sending correspondence after some complaints regarding delay/non-receipt of letters through to a private courier service came up.

Latest Realty News

Treda property show begins in Hyderabad
Oct 18, 2014
Hyderabad: The three-day property show by Telangana Real Estate Developers Association (Treda) began
Bill to Curb Land Grabbing Receives President's Nod
Oct 17, 2014
A bill providing for measures to curb grabbing government land and punishment up to three years for violation has received the President's assent
Diwali lifts gloom, flat sales up 20% in NCR
Oct 17, 2014
NOIDA/GURGAON: Housing sales have risen by over 20% in the NCR in the run-up to Diwali this year as compared to last year
Anushka Sharma becomes brand ambassador for Ruparel Realty in Mumbai
Oct 17, 2014
Mumbai: Bollywood actress Anushka Sharma plays a new role as the brand ambassador for one of Mumbai's well known real estate companies — Ruparel Realty
Civic nod to Ranchi master plan draft
Oct 17, 2014
Ranchi:Decks have been finally cleared to do away with the 31-year-old master plan of Ranchi, the capital of Jharkhand
Land glare on Kalpataru wife
Oct 17, 2014
Cuttack/Bhubaneswar: Orissa High Court sought response from the central and the state governments on a PIL seeking intervention against “illegal” occupation of forestland
Residential property sales likely to improve in 6-12 months: Survey
Oct 17, 2014
MUMBAI: Real estate purchase sentiment index has improved by almost 2.5 points to 32.3 in September this year reflecting an improvement in consumer interest
Ansal API signs up IBM, Cisco for smart city project
Oct 17, 2014
Lucknow: Realty major Ansal API has signed up technology majors IBM and Cisco for transforming its Sushant Golf City residential township into a smart city
Real estate to see little sparkle this festival season as sales remain low
Oct 17, 2014
New Delhi: The festive season has failed to brighten the real estate sector, as developers see low sales conversion despite high enquiries
Real estate sales muted in September quarter
Oct 17, 2014
Bangalore: Property sales in the three months ended 30 September were muted across India, with only Bangalore displaying some resilience

Latest Realty News Of State

Realty Talk's