The Chandigarh Housing Board (CHB) has decided to reduce prices of flats to be constructed under the UT employees’ housing scheme. The rates are still double the prices of similar flats in the market and some of the CHB flats too.
Earlier, the CHB had estimated Rs 2.08 crore for a three-bedroom hall kitchen (BHK) flats, Rs 1.64 crore for two BHK and Rs 50 lakh for one BHK flats, but as the decision was taken to construct the flats for the UT employees on ‘no profit no loss’ basis, the prices were calculated to be Rs 1.78 crore for 3 BHK and Rs 1.40 crore for two BHK. The prices of one BHK flats are yet to be finalised.
But, the proposed prices are still on the higher side.
Raj Kumar Pal, chairman, Property Consultants Association, Chandigarh, said: “The authorities concerned should consider the market prices. Three-BHK flats are available between Rs 85 lakh and Rs one crore in CHB’s Sector 63 housing scheme. Moreover, builders are selling fully-furnished houses of 12 to 14 marlas in posh sectors of Chandigarh for Rs 1.30 crore to Rs 1.50 crore. The prices proposed by the CHB for the UT employees’ scheme, which will come up in Sector 53, is still on the higher side and it should be reduced.”
On the other hand, a senior CHB official, requesting anonymity, said the prices were on the higher side because the MHA had permitted the Chandigarh administration to allot land only on collector’s rate. As the collector’s rate was higher, therefore, the prices of the flats had also increased. Meanwhile, final decision on pricing of the flats would be taken after the Lok Sabha elections.
Despite repeated attempts, CHB chairman-cum-UT finance secretary Ajoy Kumar Sinha could not be contacted for his comments.
On January 2, the Union cabinet, chaired by Prime Minister Narendra Modi, approved the proposal of UT employees’ housing scheme, which was pending since 2008.
Recently, the Centre had submitted before the Punjab and Haryana high court that the proposal to allot 61.5 acres of government land to the Chandigarh Housing Board (CHB) for the purpose had been sent to the Cabinet secretariat for placing before the Cabinet.
The Chandigarh administration approved a scheme namely “self-financing housing scheme 2008” for the employees of the Chandigarh administration.
Accordingly, the total land area of 73.3 acre was earmarked for the construction of 3,930 dwelling units for the UT employees. Out of which, 11.8 acre was already in the possession of the Chandigarh Housing Board (CHB). In an instant proposal, 61.5 acre of government land was to be allotted to the CHB.
The Chandigarh Housing Board (CHB) was appointed as a nodal agency for implementation of the scheme. Accordingly, it advertised a scheme titled “self-financing housing scheme” on leasehold basis for 99 years for the employees of the Chandigarh administration in 2008.