+
All-clear for Chandigarh sector
Real Estate

All-clear for Chandigarh sector

The Board of Directors of the Chandigarh Housing Board (CHB) has given the final approval for the launch of the Sector 53 housing programme. With the addition of 32 units, the overall number of apartments has climbed from 340 to 372, with 80 now falling under the EWS category. The brochure for the Self-Financing Housing Scheme-2023 on a freehold basis in Sector 53 was authorised with a few minor revisions during a board of directors meeting presided over by UT adviser Dharam Pal.

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.

The Board of Directors of the Chandigarh Housing Board (CHB) has given the final approval for the launch of the Sector 53 housing programme. With the addition of 32 units, the overall number of apartments has climbed from 340 to 372, with 80 now falling under the EWS category. The brochure for the Self-Financing Housing Scheme-2023 on a freehold basis in Sector 53 was authorised with a few minor revisions during a board of directors meeting presided over by UT adviser Dharam Pal. 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.

Next Story
Real Estate

Shriram Properties Launches ‘Codename: The One’ in Bengaluru

Shriram Properties (SPL), a leading real estate developer focused on the mid-market and mid-premium segments, has announced the launch of its latest residential project under the banner “Codename: The One” in Bengaluru’s Electronic City corridor. This feature-rich gated community will offer 340 spacious 2- and 3-BHK residences, with a total saleable area of approximately 5 lakh square feet and an estimated revenue potential of over Rs 3.5 billion. The project is expected to be developed over a span of more than three years.  Strategically located near the Bommasandra Metro stat..

Next Story
Resources

India Warehousing Show 2025 Closes with Strong Global Presence

The 14th edition of the India Warehousing Show (IWS) 2025 concluded successfully at Yashobhoomi (IICC), Dwarka, drawing participation from over 300 exhibitors across 15 countries and welcoming 15,000+ visitors. Recognised as India’s leading platform for warehousing and logistics excellence, IWS 2025 offered a comprehensive display of cutting-edge automation, sustainable warehousing solutions, and next-gen supply chain technologies. The show was inaugurated by Shri Pankaj Kumar, Joint Secretary – Logistics, DPIIT, Ministry of Commerce and Industry, Government of India. In his opening a..

Next Story
Equipment

MHIET Launches 450kW Gas Cogeneration System with H₂ Co-Firing

Mitsubishi Heavy Industries Engine & Turbocharger (MHIET), part of the Mitsubishi Heavy Industries Group, has launched a new 450kW gas cogeneration system, the SGP M450, jointly developed with Toho Gas Co.,. The system supports hydrogen co-firing at up to 15 vol per cent, with no loss in performance or reliability.  The system is currently available in the Japanese market, and has been developed from the existing GS6R2 city gas engine platform. Key modifications were made to the fuel gas and engine control systems to enable hydrogen co-firing.   Verified through de..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?