Sunday, January 29, 2006

Chandigarh@abcnewsnetwork on29.01.2006

Self Financing Housing Scheme wil be launch in Chandigarh
(abcnewsnetwork.com)
Chandigarh January 28:- The Chandigarh Housing Board has decided to launch Self Financing Housing Scheme 2006 from January, 31 2006 with an aim to provide on opportunity to the residents of Chandigarh to have their own houses on competitively low rates.The Governor of Punjab and Administrator, U.T., Chandigarh, Gen. (Retd.)S.F.Rodrigues will inaugurate the scheme in Sector 38(West) on January31.As many as 688 One Room Flats for economically weaker section, 112 two bed room flats and 160 one bed room flats would be constructed in Sector49 and 38(west) to meet the requirement of different segments ofsociety. The last date for receipt of the application form alongwith initial deposit is March, 1,2006.The one room flats numbering 688 for economically weaker section will be constructed over an area of 425.67 sq. ft each. As many as 288 such flats will be constructed in 38 (west) and 400 in Sector 49 in four storyed buildings.The tentative cost of these flats has been fixed at Rs 4.15 lac, Rs.4lac, Rs.3.80 lac, Rs.3.65 lac for ground, first, second and third floor respectively and an initial deposit of Rs.40000 has to be deposit with the application. The remaining 15 percent of the cost will be payable at the time of issue of Acceptance-cum-demand-letter (ACDL). The rest of the amount will have to be paid in three equated half yearly installments.Similarly, 160 one bed room flats would also be constructed over anapproximate area of 648 sq. ft each. The price of each flat will beRs.15.90 lacs, Rs.12.90 lacs, Rs.12.40 lacs and Rs.11.90 lacs for the ground, first, second and third floor flats respectively. The price of112 two bed room flats will be Rs.31.50 lacs for ground floor, Rs.26.00lacs for first floor, Rs.25.00 lacs for second floor and Rs.24.00 lacsfor third floor each.The board has also decided to introduce a new scheme of allotment under which five units at the ground floor and five units at first floor inone bed room and two bed rooms will be reserved for the persons willing to pay more than the fixed price of all the flats. The persons willing to accept such allotment on higher rates will be suitably accommodated. The construction of all these flats will be completed within a period oftwo years. The brochures of the scheme will be made available from thebranches of U.T.I. Bank Limited and State Bank of India located at Chandigarh, Panchkula and Mohali and all e-sampark centres of Chandigarh Administration from January 31.
Chandigarh
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