Reducing prices of flats twice and extending the deadline for the demand survey have not enthused people to lap up the city’s costliest housing scheme in Sector 53, with only six more applicants showing interest in the Chandigarh Housing Board (CHB) scheme in the last month.
The CHB on January 14 reduced prices by 5% to 7%, and extended the date for submission of online applications up to February 23.
Sources said till between January 14 and February 13, the board received only six applications. Till December 31, the board had received 148 applications for the scheme offering 492 flats.
In July 2019, the CHB proposed a flat with three-bedroom, hall and kitchen (3BHK) for Rs 1.85 crore, 2 BHK for Rs 1.6 crore, 1 BHK for Rs 1.15 crore and accommodation for the economically weaker section (EWS) at Rs 58 lakh, drawing a lot of criticism. The housing board then released new prices on October 10, mentioning that a 3BHK (HIG) would cost Rs 1.63 crore, 2BHK (MIG) Rs 1.36 crore, 1 BHK (LIG) Rs 90 lakh and a two-room flat for EWS Rs 50 lakh.
On January 14, the board decided that 3BHK (HIG) would cost Rs 1.50 crore, 2BHK (MIG) Rs 1.28 crore and 1 BHK (LIG) Rs 86 lakh.
The CHB official said persons applying under the demand survey would be given preference in allotment under the scheme or category applied by him, subject to their eligibility.
The Sector 53 housing scheme was proposed to be made open for all.
Key Highlights
Allottees to be allowed to pay the cost of the flats in five equated installments (each of six months) spanning over 30 months subject to payment of interest at the rate of Rs 12% per annum
After launch of the scheme, for speedy construction of the dwelling units, the construction work to be awarded to two/three agencies
The last date for submission of online application has been extended up to February 23
Category | Prices
HIG (3BHK) | Rs 1.5cr
MIG (2BHK) | Rs 1.28cr
LIG (1BHK) | Rs 86L
2-room flat (EWS) | Rs 50L
