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Chandigarh Housing Board to build 10,000 flats, possession by July 2019

PM HOUSING SCHEME Construction to begin at Maloya, Dhanas, Mauli Jagran in October this year

punjab Updated: Jul 22, 2017 20:33 IST
Hillary Victor
Hillary Victor
Hindustan Times, Chandigarh
Chandigarh Housing Board,CHB,July 2019
The tentative cost of the low income group (LIG ) flat is Rs 20 lakh.(Representative image )

To provide affordable housing in the UT, the Chandigarh Housing Board (CHB) will begin construction of 10,000 flats in October this year.

The flats are being built at Maloya, Dhanas and Mauli Jagran under the Pradhan Mantri Awas Yojana — Housing for All (Urban). The UT administration has shortlisted 51,000 people out of 1.23 lakh applicants earlier this year.

Of these, 10,000 will get flats in the first phase. The possession is expected to be given by July 2019.

The tentative cost of the low income group (LIG ) flat is Rs 20 lakh, while the middle income group (MIG) flat will cost around Rs 35 lakh. The board on Friday sent the proposal to the UT administration for its final approval and also requested it to allot the land at affordable price.

“In the first phase, 10,000 flats will be constructed,” said CHB chairman Maninder Singh Bains. We have already sent the proposal to the UT administration for final approval. We will start construction by October and are hopeful of giving the possession by July 2019.”

The CHB launched the scheme on March 20 this year and it ended on April 22. Being the state-level nodal agency for implementing the central scheme, the board had carried out a demand survey on EWS, LIG and MIG households in urban areas of Chandigarh.

Who were eligible?

Those living in urban areas are eligible for affordable housing in partnership and individual house enhancement provided that they are residents of Chandigarh as on June 17, 2015, having Aadhaar card or voter identity card and have no house or residential plot anywhere in India.

Households having annual income between Rs 6 lakh and Rs 12 lakh fall under the MIG-I and those with income between Rs 12 lakh and Rs 18 lakh fall under the MIG-II.

Interest subsidy

Under the MIG-I scheme, beneficiaries living in urban areas of Chandigarh are eligible for an interest subsidy of 4% on a loan up to ₹9 lakh for new construction and addition of rooms, kitchen or toilet to existing dwelling units, provided that the carpet area of houses being constructed or enhanced under the scheme is 61-90 square metres. Under the MIG-II scheme, an interest subsidy of 3% is available on a loan of ₹12 lakh.

LIG and EWS beneficiaries living in the UT’s urban areas are eligible for an interest subsidy at the rate of 6.5% on loan up to ₹6 lakh.

To cost between Rs 10 lakh and Rs 40 lakh

The housing board has shortlisted 51,000 applicants in all. Of these, 10,000 to get flats under four categories in the first phase.

Group Houses Cost
  • Economically weak: 3,500 Rs 10 lakh
  • Low income: 3,000 Rs 20 lakh
  • Middle income-1: 2,000 Rs 35 lakh
  • Middle income-2: 1,500 Rs 40 lakh

Where will flats come up

Locality Area Houses

Maloya: 60 acre 5,500

Dhanas: 38 acre 4,000

Mauli Jagran: 6 acre 500

First Published: Jul 22, 2017 13:35 IST