Chandigarh housing board finalises design for luxury housing scheme – ET RealEstate

CHANDIGARH: The Chandigarh Housing Board (CHB) has finally submitted a detailed concept design for the costliest housing scheme for the bureaucrats and MLAs of Punjab, Haryana and doctors of the PGI.

The housing scheme will come up at the Chandigarh IT Park. The report has been submitted to the urban planning department of the Chandigarh administration for approval.

Now, the technical experts of the urban planning department will minutely study the submitted design, keeping the architectural parameters and guidelines in mind.

According to information, the concept design of the project carries dedicated earmarked green areas, two parking space for vehicles against each flats in towers, height and width of the project, flats, circulation areas, floor area ratio (FAR), density, balcony, basements and all other related services and facilities.

“We have submitted the design to the urban planning department of the UT. Since the environment-friendly nature of this project is one of the most crucial components, the green areas in the project will remain in focus,” said an official.

Sources revealed that the cost of each tower, consisting around 28 flats, is approximately Rs 60 crore, five towers are offered to the Punjab government for its bureaucrats and MLAs, Haryana has already demanded for three towers and PGI has asked for two towers for doctors.

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Auction schedule of 269 Chandigarh housing board’s properties out on March 8 – ET RealEstate

CHANDIGARH: The Chandigarh Housing Board (CHB) directors will take a call on finalising the auction schedule of 269 properties on March 8.

The 269 properties include 11 residential (leasehold), 108 residential (freehold) and 150 commercial (leasehold) that will be auctioned in a phased manner. The CHB had recently reduced their reserve price by 10% to 20% after witnessing a poor response to a bidding attempt last year.

These properties are in sectors 51, 63, 38 (west), 39 and Manimajra and include 51 new flats, which were part of CHB’s costliest housing scheme in the city. Besides these, the commercial properties are located in Manimajra, sectors 51 and 61 and Maloya.

A senior board official said these properties were lying vacant for the past many years and their condition was deteriorating as the CHB had failed to auction them over the years. These will be auctioned in a phased manner, he added. The board has tied up with NIC for e-auction.

After registration with the CHB, interested bidders will have 10 to 15 days’ time to place their bid.

The board has fixed the reserve price of HIG flat (leasehold) in Sector 39 at Rs 1.05 crore, of a three-bedroom flat (freehold) in Sector 63 at Rs 86.24 lakh, a two-bedroom flat in Sector 51 between Rs 81 lakh and Rs 84 lakh.

The reserve price of one-bedroom flat has been fixed at Rs 39.38 lakh and EWS flat at Rs 24.35 lakh in Sector 49, while that of a two-bedroom flat in Sector 49 between Rs 69.87 lakh and Rs 71.26 lakh.

The reserve price of a two-bedroom flat in Sector 63 has been fixed at Rs 67.3 lakh, of an HIG flat (leasehold) in Sector 45-A at Rs 1.07 crore, of a restaurant site in Manimajra at Rs 2.59 crore and of a small booth (corner) at Rs 97 lakh.

Earnest money

For properties worth Rs 1 crore, the earnest money will be around Rs 2 lakh, for Rs 1 crore to 1.5 crore, around Rs 3 lakh and for Rs 1.5 crore to Rs 2 crore, around Rs 4 lakh. However, the final decision will be taken in the board’s meeting on March 8.

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Chandigarh: CHB to launch IT Park housing scheme in April – ET RealEstate

CHANDIGARH: The Chandigarh Housing Board (CHB) is planning to launch its group housing scheme for the general public at Rajiv Gandhi Chandigarh Information Technology Park in April.

The scheme, which was approved by the board of directors of the CHB in December last, will have 728 flats in three categories (4, 3 and 2BHK) in seven-storey towers. The board has finalised drawings of the flats and submitted those to the plan approval committee. Though the exact rates are yet to be decided, tentative cost will range between Rs 1.5 crore and Rs 2.75 crore. The prices will be fixed after approval of the drawings.

The project land is part of 123 acres that the CHB got back from Parsvnath Developers after a long-drawn legal battle.

UT administrator VP Singh Badnore had given a go-ahead to its design in July last, but due to the pandemic, the project could not take off. The project report was placed before the board of directors in a meeting in December and it was accorded an in-principle approval.

CHB will develop the project on two plots, measuring 10.51 and 6.43 acres. The towers will have two basements with a provision of parking of two cars for each flat in addition to surface parking for visitors.

The CHB got the possession of 123 acres after the residential project, Prideasia, was aborted. The board decided to launch the scheme after it failed to sell 18 residential and commercial sites in an e-auction two years ago. Due to the high reserve prices, not many developers had shown interest.

High-end flats for government officials of the Chandigarh administration, Haryana and Punjab are also planned in the area.

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Chandigarh housing board sends flat payment reminder – ET RealEstate

CHANDIGARH: Chandigarh Housing Board (CHB) has once again asked Punjab and Haryana governments and PGI to make the initial payment for flats for their bureaucrats and doctors in the Rs 600 crore housing scheme at IT Park following the selection of a company to prepare the design of the project.

“We have allotted the design work to a Panchkulabased company for Rs 26 lakh after a competition. A total of 24 firms had applied. All of them gave a presentation to a high-level technical committee.

The selected firm will complete the job in a given time frame. It will also provide us environmental clearance, carry out related work and remain with us till the end of the construction,” sources in CHB said.

Achieving FAR (floor area ratio), having circulation and green areas, and plans for environment-friendly project were some of the key criteria for the selection.

Around eight to 10 towers are planned at the site. The Haryana government has demanded three towers for its bureaucrats, while two towers each are kept for the Punjab government and PGI. The UT administration has also asked for a tower, but it is yet to give a final reply to the authority.

“We have given a reminder to both the state governments and PGI for the initial payment. The Haryana government payment is expected soon, but Punjab and PGI have yet to respond. All three have showed interest in the towers, however,” a senior officer said.

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