Chandigarh Civic Body Seeks Funds
ECONOMY & POLICY

Chandigarh Civic Body Seeks Funds

The Chandigarh civic body has requested the release of Rs 32 crore for land acquired 15-20 years back, highlighting a long-standing financial issue that has affected the city's development. In a recent General House meeting, the Chandigarh Municipal Corporation discussed the urgency of securing funds to compensate landowners for land acquired over a decade ago. This request comes amidst delays from the finance department, which has not yet sanctioned the necessary amount.

The land in question was acquired by the civic body for various developmental projects, but the compensation to landowners has been pending, leading to several legal battles. The delay in releasing the funds has not only strained the relationship between the landowners and the civic body but has also impacted the progress of civic projects in the city.

Chandigarh Municipal Corporation has been facing budget constraints, which have compounded the issue. The civic administration argues that the timely release of these funds is crucial to avoid further financial burden and to proceed with planned city development initiatives. The pending payments have been a point of contention, with landowners demanding timely compensation for the land taken for public use.

The UT administration has been urged to expedite the financial approval process to resolve this long-standing issue. The municipal corporation is also grappling with other financial challenges, making the release of the Rs 32 crore even more critical. Addressing this financial backlog is essential for the civic body to maintain its credibility and to ensure the smooth execution of ongoing and future projects.

The situation underscores the need for efficient financial management within the civic administration to prevent such delays. As the Chandigarh civic body awaits the release of funds, the outcome will significantly impact the city's development trajectory and the relationship between the municipal corporation and the citizens it serves.

The Chandigarh civic body has requested the release of Rs 32 crore for land acquired 15-20 years back, highlighting a long-standing financial issue that has affected the city's development. In a recent General House meeting, the Chandigarh Municipal Corporation discussed the urgency of securing funds to compensate landowners for land acquired over a decade ago. This request comes amidst delays from the finance department, which has not yet sanctioned the necessary amount. The land in question was acquired by the civic body for various developmental projects, but the compensation to landowners has been pending, leading to several legal battles. The delay in releasing the funds has not only strained the relationship between the landowners and the civic body but has also impacted the progress of civic projects in the city. Chandigarh Municipal Corporation has been facing budget constraints, which have compounded the issue. The civic administration argues that the timely release of these funds is crucial to avoid further financial burden and to proceed with planned city development initiatives. The pending payments have been a point of contention, with landowners demanding timely compensation for the land taken for public use. The UT administration has been urged to expedite the financial approval process to resolve this long-standing issue. The municipal corporation is also grappling with other financial challenges, making the release of the Rs 32 crore even more critical. Addressing this financial backlog is essential for the civic body to maintain its credibility and to ensure the smooth execution of ongoing and future projects. The situation underscores the need for efficient financial management within the civic administration to prevent such delays. As the Chandigarh civic body awaits the release of funds, the outcome will significantly impact the city's development trajectory and the relationship between the municipal corporation and the citizens it serves.

Next Story
Infrastructure Transport

CPCL crosses $10 million revenue milestone

Chaitanya Projects Consultancy (CPCL), a leading infrastructure and engineering consultancy, has surpassed $10 million in annual revenue for FY 2024–25, marking a five-year compound annual growth rate of 28.2 per cent—well above the industry average. Established in 2004, CPCL has delivered over 300 projects across highways, bridges, urban infrastructure, water, transport, and environmental sectors. Its achievements include over 600 km of six-lane highways, 2,000 km of national highways, and 100 major bridges. “Our goal has always been to improve India’s infrastructure,” sai..

Next Story
Resources

KPIL secures new orders worth Rs 37.89 billion

Kalpataru Projects International Ltd (KPIL), a major EPC player in power transmission and civil infrastructure, has secured new orders worth approximately Rs 37.89 billion along with its international subsidiaries. The orders include a significant contract in the Buildings and Factories (B&F) segment in India, marking KPIL’s largest B&F order to date. The project involves the development of over 12 million sq ft of residential space with supporting infrastructure, awarded on a design-build basis. Additionally, the company has won new transmission and distribution (T&D) order..

Next Story
Real Estate

Apartment loading rises to 40 per cent in top cities

Driven by rising demand for premium amenities, the average apartment loading across India’s top seven cities has reached 40 per cent in Q1 2025, up from 31 per cent in 2019, according to ANAROCK Research. The loading factor, or the area paid for beyond the usable carpet area, covers common spaces such as lobbies, staircases, and clubhouses. Mumbai Metropolitan Region (MMR) continues to lead with the highest loading at 43 per cent. Bengaluru saw the sharpest jump, from 30 per cent in 2019 to 41 per cent in Q1 2025. Chennai recorded the lowest average loading at 36 per cent. “Sixty..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?