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CHB offers 3 BHK flat for ₹1.76cr & 1BHK for ₹99L Asks Applicants To Give Consent Within 21 Days

June 23, 2019 08:40 AM


CHB offers 3 BHK flat for ₹1.76cr & 1BHK for ₹99L
Asks Applicants To Give Consent Within 21 Days


The Chandigarh Housing Board (CHB) would provide a three-bedroom hall kitchen (BHK) flat for Rs 1.76 crore and a one BHK flat for Rs 99 lakh to allottees under a housing scheme in rates double of similar flats in the market and even of some of the CHB.

The CHB through a public notice has asked all successful applicants of the UT Employees Self Finance Housing Scheme 2008 to give their consent within 21 days for payment in five instalments with applicable interest.

Earlier, the CHB had estimated Rs 2.08 crore for a three BHK flat, Rs 1.64 crore for a two BHK flat, Rs 1 crore for a one BHK flat and Rs 60 lakh for one BHK (EWS) flat. As the decision was taken to construct the flats for UT employees on “no profit no loss” basis, the prices were calculated to Rs 1.76 crore for a three BHK flat, Rs 1.35 crore for a two BHK flat, Rs 99 lakh for a one BHK flat and Rs 58.07 lakh for a one BHK (EWS) flat. When the scheme was announced in 2008, the rates were Rs 34.70 lakh for a three BHK flat, Rs 24.30 lakh for a two BHK flat, Rs 13.53 lakh for a one BHK flat and Rs 5.76 lakh for a one BHK (EWS) flat.

Raj Kumar Pal, chief patron, Property Consultants Association, Chandigarh, said, “The CHB is not a private builder but a government body. The rates finalised by it are on the higher side. A three BHK flat is available in CHB’s own scheme in Sector 63 between Rs 80 lakh and Rs 1.05 crore. The CHB should reconsider its decision.” A successful applicant of UT’s employees housing scheme said when the scheme was floated in 2008, the price of a two BHK flat was around Rs 24 lakh. He was hopeful of owning a house in Chandigarh. “After 11 years of struggle, the CHB is asking me to pay an unrealistic amount. This is not acceptable,” he said.

On the other hand, a senior CHB official explained the prices are on the higher side because the ministry of home affairs had permitted the UT administration to allot land only on collector’s rate. As the collector’s rate was higher, the prices of the flats had also increased. “We cannot do anything as we are constructing the flats on no profit-no loss basis,” he said

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