All-clear for Chandigarh sector
According to Yashpal Garg, CEO of CHB, "the scheme will be launched after finalising opening and closing dates with the approval of the CHB chairman at the earliest possible time.
The application process will remain streamlined and uncomplicated online. At the CHB, a support desk will be available to guide applicants through the online application process.
No supporting documentation will need to be submitted with the application. Only those applicants who are chosen in the lottery will be asked for the eligibility-related documents, according to Garg. The estimated cost will be paid back in five equal instalments, each lasting six months, together with interest compounded annually at a rate of 12% from the date the acceptance-cumulative demand letter (ACDL) was issued.
Pal stated that the CHB will develop a standard design for the lift for the multi-story residential units it builds in conjunction with the administration's architect wing. Allottees will not have to go through a series of approval processes, and they may take advantage of the recently approved need-based Changes, according to Pal.