CHANDIGARH:If you are waiting to buy an affordable house under a housing scheme to be launched by the Chandigarh Housing Board (CHB), think twice.

If you are waiting to  buy an affordable house under a housing scheme to be launched  by the Chandigarh Housing Board (CHB), think twice. The cost fixed  by the  CHB is all set to give you a shocker.  

 Sources  said the board had fixed a price of Rs 1,79,91,000  for  a three-bedroom (BHK) flat, Rs 1,47,08,000 for a two BHK flat, Rs 94,67,000 for a one BHK flat and Rs 50,11,000 for a one BHK (EWS) flat for the housing scheme to be launched in Sector 53 soon. The new prices fixed by the CHB  are the highest in the tricity. 

The CHB had launched a two BHK flat scheme in 2016. Under it, the price of a flat was fixed at Rs 69 lakh. Officials have  placed the new rates  for approval of the board. A meeting in this regard wil be   held  next  week.

The sources said the CHB had justified the high rates saying that the tentative figures had been calculated on the  basis  of the approved  cost of land  at the rate of Rs 74,131  per  sq yard. An officer of the board said since the scheme would be on a self-financing basis, the land rates would be charged  on the collector  rates. 

Kamal Gupta, president  of the Property Consultants Association,  Chandigarh, has termed the prices unreasonable. 

Gupta said three BHK flats are easily  available  between Rs  60 lakh and Rs 70 lakh in Mohali and Panchkula. 

The Administration has decided to reintroduce the scheme under which allottees  are allowed to continue with the additional construction for the time being after paying penal charges and thereafter remove the non-permitted violations. 

The allottees have  been  given the  time  till December 31, 2020, on the lines of  a scheme  launched  in 2017. 

With the announcement, owners who have made additional construction in their CHB dwelling units have got temporary exemption from demolition, 

The   decision will also  help allottees  of Sector 41, who  have been  served demolition notices  by the  housing board.

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