Sign in

Arrears mount to ₹56 crore, CHB to start issuing notices

Officials say many allottees have not been depositing ground rent, instalments and interest for several years.

Updated on: Oct 16, 2020, 24:54:52 IST
Hindustan Times/ Chandigarh | By , Chandigarh
Share
Share via
  • facebook
  • twitter
  • linkedin
  • whatsapp
Copy link
  • copy link

With outstanding dues of those allotted commercial properties aggregating to a whopping 56.42 crore, the Chandigarh Housing Board has released a list of defaulters in a bid to recover the sum.

HT Image
HT Image

Officials say many allottees have not been depositing ground rent, instalments and interest for several years. CHB chief executive officer Yashpal Garg said, “Ground rent and instalments are not being deposited regularly and arrears have been accumulating over the last few years. Now, we have stepped up efforts to recover the money.”

“We are in the process of issuing notices to defaulters. If they fail to deposit their dues within the stipulated time, it may lead to cancellation of allotment and finally resumption of properties,” he said.

Article image

Most defaulters have been alloted CHB properties in rehri markets and motor markets in different sectors, and the grain market, Sector 26 (see box). The highest amount due from a single allottee is 1.3 crore.

While the CHB will issue notices to all defaulters, allottees can also check the amount they owe on the housing board’s website. The outstanding dues for properties allotted under the Chandigarh Small Flat Scheme had mounted to 30 crore over the years. However, the CHB recently recovered 18 crore of the total outstanding rent from rehabilitation colonies located in Dhanas, Ram Darbar, Mauli Jagran, Sector 38, Sector 49 and Sector 56. In June, the CHB had imposed a 12% penalty on allottees who failed to deposit monthly rent under the scheme.

  • Munieshwer A Sagar
    ABOUT THE AUTHOR
    Munieshwer A Sagar

    Munieshwer A Sagar is a principal correspondent at Chandigarh and reports on real estate.