Chandigarh housing board lowers reserve price of 14 commercial units by over 50% – ET RealEstate

CHANDIGARH: After getting nod from its board of directors, the CHB has reduced the reserve price of 14 corner commercial units (on leasehold basis) in Manimajra and Sector 61 by more than 50%. The board had approved reduction in reserve price and change in the computation method.

For instance, the reserve price of a corner booth in Sector 61, Kajheri, has been reduced from Rs 1.14 crore to Rs 56.19 lakh, a decrease of 50.71%. Similarly, the reserve price of a corner booth in Manimajra has dropped from Rs 97.99 lakh to Rs 46.72 lakh, a reduction of 52.32%.

The board had recently ordered e-tender of 163 leasehold properties, including commercial and residential ones, and 28 residential freehold units.

Board’s chief executive officer (CEO) Yashpal Garg said while calculating reserve prices, the officials changed the computation method for corner shops with both side veranda. After calculation, the effective reduction was Rs 40 lakh to Rs 60 lakh, which was more than 50%, he said.

The minutes of the September 8 board meeting, which were approved by UT adviser Dharam Pal who is also CHB chairman, read, “The board decided to discontinue the practice of inclusion of cost for both sides of veranda while fixing the reserve price of corner commercial units. The reserve price of such units will be computed like other units and thereafter it may be increased with a factor of 20% for the locational advantages.”

In the wake of poor response to e-tenders of commercial and residential properties on leasehold, the CHB decided to reduce the reserve price of vacant properties in its board of directors meeting. It was decided to reduce the reserve price of leasehold units: commercial by 20% and residential by 10%.

Properties that have been put on e-tender include 28 residential units on freehold, 31 residential units on leasehold and 132 commercial units on leasehold. The eligible bidders can submit their bids from 10am on September 15 to 10am on October 8. Bids for 191 properties will be opened at 10.15am on October 8.

The board did not get a good response in its recent auction for commercial and residential properties on leasehold. It had invited e-tenders for the sale of 149 commercial and 33 residential units on leasehold. Of 149 commercial units, it could only sell two. The reserve price of the two commercial units was Rs 1.06 crore and they were sold for Rs 1.09 crore. Out of 33 residential units, only two could be sold. The reserve price of these units was Rs 89.83 lakh and the highest bids received was Rs 90.85 lakh.



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No Chandigarh housing board flat, won’t vacate government house, says ex-staffer – ET RealEstate

CHANDIGARH: House that! A man has padded up for a long innings in his government accommodation despite retirement.

Hitting out at the failure of the UT administration to provide a flat to him under the UT Employees Housing Scheme-2008, the retired staffer has extended his stay in his borrowed home. Going a step further, he has cited a condition in the agreement for not having any new place to shift.

Parvesh Kumar had retired on March 31 from the post of superintendent, grade II, health department. He was allotted house no. 1, ayurvedic dispensary, Sector 37 D, Chandigarh.

Kumar said he had succeeded in CHB’s UT Employees Housing scheme-2008 draw of lots for one BHK flat having a value of Rs 10 to Rs 13 lakh in 2010. The possession of the flat is awaited. “A condition of the scheme refrained me from having any other residential property in my name or in the name of family in Chandigarh, Panchkula and Mohali till the possession of CHB’s flat. So, I could not own a house to reside elsewhere,” he said.

It was in March he had requested the UT to allow him to retain the accommodation after retirement till the date of possession of CHB flat. But he was ordered to vacate the house or face action and pay 100 times the rent for the first three months of overstay and 200 times from the fourth month, he said.

Kumar has now written a letter to the administration, asking it to treat the legal notice, that he should not be evicted from government accommodation and not directed to pay penal rent till the physical possession of the CHB flat.

He even sought directions to the CHB, which is an undertaking of UT administration, to complete the scheme. He even demanded that the rent of the government accommodation of overstaying be paid by the CHB and to buy back his residential flat, which he had got in the draw for Rs 95 lakh (market value).

A senior UT official said that the matter of UT employees housing scheme in pending in the Punjab and Haryana high court.

Housing scheme status:

Failed to get any relief from the UT administration, the UT employees had recently written to home minister Amit Shah and union government to delink UT Employees Housing Scheme-2008 from the MHA’s order of 2012 and calculate prices of flats on the basis of rates published on scheme’s brochure in 2008 instead of collector rates of 2016



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Renovation of rented houses on the cards across Chandigarh – ET RealEstate

CHANDIGARH: The Chandigarh Housing Board (CHB) has decided to spend Rs 2.11 crore to renovate houses given on rent to its employees across the city.

An agenda in this regard will come up for discussion and approval of the board in its meeting on September 8.

“The rental houses of CHB employees were constructed long ago with specifications prevalent at that time. The flooring has been damaged with the passage of time. The allottees have requested for replacement of major items without charging additional payment from them. Accordingly, a rough cost estimate has been prepared,” said the agenda.

CHB records show these houses are in a few sectors, Manimajra, Indira Colony, Dhanas and Industrial Area. The estimate has been consolidated by office of civil, public health and electrical. The maximum work is in civic category.
Renovation of rented houses on the cards across ChandigarhThe work shall be carried out in accordance with specifications for different types of government houses and of the CPWD after inviting a tender.

“The time to carry out the work will be 12 months. The funds shall be arranged by the CHB from its own resources and expenditure charged to the head of special repair of rental houses,” the agenda said.



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Chandigarh housing board pegs Rs 643 crore as cost to construct 728 flats at IT Park – ET RealEstate

CHANDIGARH: The Chandigarh Housing Board (CHB) has reckoned Rs 643 crore will be needed to construct 728 flats under the general housing scheme in 16.6 acres of land in two pockets of IT Park, placing the amount in its agenda that will come up for approval in a board meeting on September 8.

“The consultant architect has prepared a rough cost estimate based on CPWD with applicable cost index. There will be a community centre and shopping complex too.

This estimate covers the cost of the building work, which includes civil, public health, electrical and external estate services. The civil work will cost Rs 471 crore, while public health works Rs 32 crore,” according to a copy of the agenda.

The proposed flats will have ground plus 6 floors comprising two basements for parking of two cars for each flat in addition to surface parking for visitors only.
Chandigarh housing board pegs Rs 643 crore as cost to construct 728 flats at IT Park“Adequate accommodation would be provided for domestic servants and other service population of economically weaker section (EWS). Dwelling units for them shall not be less than15% of the main ones and minimum area is 30 square metre,” the agenda added.

Sufficient green area is kept reserved in the housing project and will be developed in manner that it can be maintained. The site is close to a forest and Sukhna Lake, making greenery one of the crucial aspects of the project.

The UT adviser, who also holds the charge of CHB chairman, will chair the meeting.



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