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CHANDIGARH: A third-time rejection from the UT administration has almost spelt the death knell for the city’s costliest housing scheme in Sector 53.

Chandigarh Housing board (CHB) had recently submitted a revised proposal to increase floor area ratio (FAR) in an attempt to revive the scheme. But the administration has rejected the plan. Earlier, in July and August, the UT had rejected a similar kind of proposal.

The matter would now be discussed in the upcoming meeting of CHB.

The CHB had submitted that to make it an affordable housing scheme, there was an urgent need to increase FAR. By offering more space in the flats, buyers would be interested in the scheme, which could evoke a good response, the CHB had submitted.

In March, the board had scrapped the scheme, deciding to refund the amount to the applicants decided by demand survey. However, the officers were asked to consider framing a new scheme with lesser cost. The CHB’s board of directors in a meeting in March had decided the proposed general self-financing housing scheme in Sector 53 needed to be made more lucrative.

“To reduce the land cost component, the matter may be taken up with the administration to increase the floor area ratio (FAR). so that more flats can be constructed. Further, the possibility of some changes in the specifications and design need to be explored. Considering that framing a new scheme with lesser cost and further possible changes may take considerable time, the board has decided to refund the amount deposited by the applicants…,” the meeting had decided.
Chandigarh: FAR plan trashed, housing scheme lands on deathbedThe demand survey had drawn a poor response. Only 178 applicants came up for 492 flats. The CHB had reduced prices of flats twice and even extended the deadline for demand survey. After witnessing the poor response, the CHB, on January 14, further reduced prices by 5% to 7%, and extended the date for submission of online application to February 24.

In July 2019, the CHB had proposed a 3BHK (bedroomhall-kitchen) flat for Rs 1.85 crore, 2 BHK for Rs 1.6 crore, 1BHK for Rs 1.15 crore and accommodation for the economically-weaker section (EWS) for Rs 58 lakh, drawing a lot of criticism. The board then released a new price list on October 10: 3BHK for Rs 1.63 crore, 2BHK for Rs 1.36 crore,1BHK for Rs 90 lakh and a two-room flat for EWS Rs 50 lakh.

On January 14, the board decided that 3BHK would cost Rs 1.5 crore, 2BHK Rs 1.28 crore,1BHK Rs 86 lakh and a two-room flat for EWS would remain unchanged at Rs 50 lakh. The board official had said persons applying under the demand survey would be given preference in allotment. The scheme was proposed to be made open for all.

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