CHB approves sale of properties on freehold basis
Real Estate

CHB approves sale of properties on freehold basis

The Chandigarh Housing Board (CHB) has approved the sale of properties on a freehold basis even in cases where lands were allotted on leasehold.

On Tuesday, the CHB decided this in its board meeting held under the chairmanship of UT adviser-cum-CHB chairman Dharam Pal.

The UT administration would take the final call. The board has approved selling a vacant residential site of 4.95 acres in IT Park through the e-tender process on freehold. The purchaser will have flexibility in construction and will be allowed to pay the whole bid amount in installments for about five years.

CHB has delinked building violations from the transfer of freehold units, deciding in the case of freehold units. The transfer entry in the CHB record would be based on the registered sale deed, and an affidavit from the transferee will be responsible for all the existing building violations and ongoing proceedings.

According to an official, for freehold units, issuing of building violations has been delinked from the transfer.

CHB decided allotment of allottees whose residential units were cancelled due to building violations with pending appeals before the board will be restored on completing some conditions, like removing all the building violations by 30 September, which cancelled the allotment further paying the applicable revival and restoration charges.

Dharam Pal, adviser-cum-chairman of CHB, said that the council should speed up the process approvals in a time-bound manner, following a single-window process. For necessary changes in residential units, a committee has already been constituted.

Image Source

Also read: Chandigarh Housing Board records 53% drop in revenue in FY22

The Chandigarh Housing Board (CHB) has approved the sale of properties on a freehold basis even in cases where lands were allotted on leasehold. On Tuesday, the CHB decided this in its board meeting held under the chairmanship of UT adviser-cum-CHB chairman Dharam Pal. The UT administration would take the final call. The board has approved selling a vacant residential site of 4.95 acres in IT Park through the e-tender process on freehold. The purchaser will have flexibility in construction and will be allowed to pay the whole bid amount in installments for about five years. CHB has delinked building violations from the transfer of freehold units, deciding in the case of freehold units. The transfer entry in the CHB record would be based on the registered sale deed, and an affidavit from the transferee will be responsible for all the existing building violations and ongoing proceedings. According to an official, for freehold units, issuing of building violations has been delinked from the transfer. CHB decided allotment of allottees whose residential units were cancelled due to building violations with pending appeals before the board will be restored on completing some conditions, like removing all the building violations by 30 September, which cancelled the allotment further paying the applicable revival and restoration charges. Dharam Pal, adviser-cum-chairman of CHB, said that the council should speed up the process approvals in a time-bound manner, following a single-window process. For necessary changes in residential units, a committee has already been constituted. Image Source Also read: Chandigarh Housing Board records 53% drop in revenue in FY22

Related Stories

Gold Stories

Next Story
Real Estate

Anshul Singhal launches Vantrock with Rs 42 billion development plan

Real estate professional Anshul Singhal has launched Vantrock Real Assets Private Limited (VRAPL), a Mumbai-headquartered platform focused initially on warehousing, industrial and logistics parks. The company plans to develop approximately 11.5 million sq ft of assets, with an estimated gross development value (GDV) of Rs 42 billion (approximately USD 434 million) on completion.The first phase will cover around 3 million sq ft across the National Capital Region (NCR), Bengaluru and Pune, with an estimated development value of Rs 11 billion (approximately USD 113 million). Construction is sched..

Next Story
Infrastructure Transport

Afcons wins CII award for biodiversity management

Afcons Infrastructure has received the Confederation of Indian Industry (CII) National Award for Environmental Best Practices 2026 in the Biodiversity Management category for its work on the Mumbai-Ahmedabad High Speed Rail Project’s C-2 package.The award was presented at a ceremony in Chennai on 9 October 2026. It was received by Mihir Mishra, Vice-President, CPE, and Sumon Paul, Assistant General Manager, HSE, along with the Afcons team.The project adopted several resource recovery and waste management practices. These included recycling concrete washout waste to recover sand, aggregates a..

Next Story
Technology

Indian businesses lead globally in planned AI investment, says Autodesk

Indian organisations are moving towards deeper integration of artificial intelligence (AI), digital technologies and sustainability into business operations, according to Autodesk’s 2026 State of Design & Make report. The fourth edition of the annual study highlights growing AI adoption, measurable outcomes from digital transformation and the role of sustainability in long-term business growth.The report found that 64 per cent of Indian organisations are approaching or have achieved their current AI goals. While 88 per cent believe AI will enhance their industry, up from 78 per cent in 2..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code