Chandigarh housing board yet to apply for RERA registration of sector 53 housing scheme

April 15, 2023

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CHANDIGARH: The Chandigarh Housing Board (CHB) is yet to register the much-delayed Sector 53 housing scheme and itself as the promoter with the Real Estate Regulatory Authority (Rera) — a mandatory condition — implying that the project launch is likely to be delayed further.

The CHB board of directors had given the go-ahead for the launch of the scheme in February. Since then, the CHB officials had maintained the project would be launched in April. The brochure, terms and conditions were finalised last month.

Stating that the CHB has started the process for registration, Yashpal Garg, CEO, CHB, said, “The CHB will apply for the Rera registration within a week.”

As per the Real Estate (Regulation and Development) Act and the National Capital Territory of Delhi Real Estate (Regulation and Development) (General) Rules, 2016 it is mandatory for a promoter, including a government agency, to be registered with the Rera and the project must also be registered with it before a real estate project could be offered to the public.

The Chandigarh real estate sector comes under the jurisdiction of the RERA NCT Delhi.

The launch of the Sector 53 housing scheme has been marred with delays for several years now. The scheme could not be launched in 2018 after a demand survey revealed that there were not many takers for the scheme because of the high cost of dwelling units.

For 492 flats that were planned to be constructed under the scheme, in the demand survey only 178 applications were received. A one-bedroom set was priced at a whopping Rs 86 lakh, 2BHK for RS 1.28 crore and 3 BHK priced at Rs 1.5 crore.

In March 2020, the board had scrapped the scheme in Sector 53. However, the officers were asked to consider framing a new scheme with lesser cost.

For the revival of the scheme, the CHB dropped the plan to construct 100 one-room flats. Under the revived scheme, the CHB now plans to offer 340 flats in three categories — 192 three-bedroom, 100 two-bedroom and 48 two-bedroom EWS flats. The flats will be offered for Rs 1.65 crore for three-bedroom, Rs 1.40 crore for two-bedroom and Rs 55 lakh for two-bedroom EWS.

  • Published On Apr 15, 2023 at 11:00 AM IST

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