All-clear for Chandigarh sector
Real Estate

All-clear for Chandigarh sector

The Board of Directors of the Chandigarh Housing Board (CHB) has given the final approval for the launch of the Sector 53 housing programme. With the addition of 32 units, the overall number of apartments has climbed from 340 to 372, with 80 now falling under the EWS category. The brochure for the Self-Financing Housing Scheme-2023 on a freehold basis in Sector 53 was authorised with a few minor revisions during a board of directors meeting presided over by UT adviser Dharam Pal.

According to Yashpal Garg, CEO of CHB, "the scheme will be launched after finalising opening and closing dates with the approval of the CHB chairman at the earliest possible time.

The application process will remain streamlined and uncomplicated online. At the CHB, a support desk will be available to guide applicants through the online application process.

No supporting documentation will need to be submitted with the application. Only those applicants who are chosen in the lottery will be asked for the eligibility-related documents, according to Garg. The estimated cost will be paid back in five equal instalments, each lasting six months, together with interest compounded annually at a rate of 12% from the date the acceptance-cumulative demand letter (ACDL) was issued.

Pal stated that the CHB will develop a standard design for the lift for the multi-story residential units it builds in conjunction with the administration's architect wing. Allottees will not have to go through a series of approval processes, and they may take advantage of the recently approved need-based Changes, according to Pal.

The Board of Directors of the Chandigarh Housing Board (CHB) has given the final approval for the launch of the Sector 53 housing programme. With the addition of 32 units, the overall number of apartments has climbed from 340 to 372, with 80 now falling under the EWS category. The brochure for the Self-Financing Housing Scheme-2023 on a freehold basis in Sector 53 was authorised with a few minor revisions during a board of directors meeting presided over by UT adviser Dharam Pal. According to Yashpal Garg, CEO of CHB, the scheme will be launched after finalising opening and closing dates with the approval of the CHB chairman at the earliest possible time. The application process will remain streamlined and uncomplicated online. At the CHB, a support desk will be available to guide applicants through the online application process. No supporting documentation will need to be submitted with the application. Only those applicants who are chosen in the lottery will be asked for the eligibility-related documents, according to Garg. The estimated cost will be paid back in five equal instalments, each lasting six months, together with interest compounded annually at a rate of 12% from the date the acceptance-cumulative demand letter (ACDL) was issued. Pal stated that the CHB will develop a standard design for the lift for the multi-story residential units it builds in conjunction with the administration's architect wing. Allottees will not have to go through a series of approval processes, and they may take advantage of the recently approved need-based Changes, according to Pal.

Next Story
Real Estate

Jharkhand to Allot 181 Flats via Online Lottery in February

The Jharkhand State Housing Board (JSHB) will allot 181 houses and flats through an online lottery system starting February. The process will be held for the first time entirely online, and interested applicants can apply from February 10 to March 10 via the JSHB's official website. Properties will be available under different categories, with the allotment based on a 90-year lease. Categories include Economically Weaker Section (EWS), Lower Income Group (LIG), Middle Income Group (MIG), and Higher Income Group (HIG), with varying sizes of houses and prices. For EWS, houses will have a super b..

Next Story
Infrastructure Urban

UP Cabinet Okays Municipal Bonds for Infrastructure

In a significant move aimed at bolstering infrastructure development in Uttar Pradesh, the state Cabinet approved the issuance of municipal bonds for the cities of Prayagraj, Varanasi, and Agra. The decision was made during a cabinet meeting chaired by Chief Minister Yogi Adityanath, which took place in the Maha Kumbh Mela area in Prayagraj. The new initiative will see the issuance of municipal bonds, enabling these cities to raise funds from the market for infrastructure projects. For every billion raised through these bonds, the state government will provide an additional Rs 130 million as ..

Next Story
Infrastructure Urban

Haryana Proposes New Policy on Tree Felling

The Haryana government has proposed a new policy on tree felling across non-forest land, which would remove the requirement for approval in urban areas on plots allocated by government bodies for residential, industrial, or infrastructure development. Currently, the forest department’s consent is mandatory for tree felling. The proposed policy seeks to replace all previous directives on tree felling outside forest areas, including those areas notified under Section 3 of the Punjab Land Preservation Act (PLPA), 1900. A committee is set to be formed to finalize the policy and revise compensat..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000