Chandigarh Housing Board’s rental income plan flops, ₹7.68 crore lost
3 months, 1 week ago

Chandigarh Housing Board’s rental income plan flops, ₹7.68 crore lost

Hindustan Times  

At a time when Chandigarh Housing Board’s financial woes are well-documented, the board’s rental income plan to lease out Block A at its Sector-9 office has flopped, resulting in revenue loss of ₹7.68 crore over the past two years. CHB, an undertaking of the UT administration, was established in 1976, with the primary objective of providing reasonably priced and good quality housing for individuals lacking shelter within the Union Territory of Chandigarh. Surinder Bahga,a former board member whose term ended on September 7 this year, said the board was already passing through severe financial straits, yet officers did not take a decision, causing huge financial loss. Idle employees drawing ₹3.5 crore per month Meanwhile, the board continues to be City Beautiful’s proverbial white elephant, eating into the taxpayers’ money, mostly to pay its 400-odd employees, despite no project being in the works.

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History of this topic

Chandigarh Housing Board failed to recover ₹45 cr in licence fees from small flat allottees: Audit
2 months, 1 week ago

Chandigarh Housing Board failed to recover ₹45 cr in licence fees from small flat allottees: Audit

Hindustan Times  

From non-recovery of licence fees/rent from small flat allottees to delayed deposit of licence fees/rent into the government account, Chandigarh Housing Board is rife with irregularities, an audit by the director general of audit, Chandigarh, has found. Chandigarh Housing Board, an undertaking of the UT administration, was established in 1976 to provide affordable and quality housing to individuals lacking shelter …

Chandigarh MC’s finance panel to meet on Friday
3 months ago

Chandigarh MC’s finance panel to meet on Friday

Hindustan Times  

The Chandigarh municipal corporation is planning to organise the annual Chrysanthemum Show at the Terraced Garden in mid-December this year at a cost of ₹25 lakh, MC officials said on Thursday. This year, the approximate expenditure is estimated at ₹24.22 lakh, which also includes prizes worth ₹1.65 lakh for winners of various competitions,” officials said. The MC has received a …

Chandigarh Housing Board to urges administrator for revival of old projects
4 months, 1 week ago

Chandigarh Housing Board to urges administrator for revival of old projects

Hindustan Times  

With no new realty project in the past eight years, Chandigarh Housing Board authorities will urge UT’s new administrator, Gulab Chand Kataria, to revive their projects. In August last year, former UT administrator Banwarilal Purohit had put CHB’s ambitious Sector-53 General Housing Scheme on hold, terming it unnecessary. We were to give presentation on August 10, but our turn did …

Chandigarh Housing Board cancels allotment of 16 small flats
5 months ago

Chandigarh Housing Board cancels allotment of 16 small flats

Hindustan Times  

The Chandigarh Housing Board on Monday cancelled allotment of 16 small flats over non-payment of dues. The CHB has allotted approximately 18,138 flats under the Small Flats Scheme, including 2,000 flats under the Affordable Rental Housing Complex scheme. Board officials stated that allotment of around 16 small flats had been cancelled in accordance with Clause 16 of the Chandigarh Small …

CHB allottees vexed by delayed need-based change policy
7 months, 1 week ago

CHB allottees vexed by delayed need-based change policy

Hindustan Times  

They comprise 40% of the 6 lakh voters of Chandigarh and they are feeling ignored. Resentment prevails among dwellers of most of the 60,000 Chandigarh Housing Board dwelling units who have been seeking a solution to the need-based changes policy that has been pending for a decade. Around 4,000 flats were to be built in Sectors 52, 53, and 56 …

No new projects, unmet targets see Chandigarh Housing Board turn a white elephant
8 months, 3 weeks ago

No new projects, unmet targets see Chandigarh Housing Board turn a white elephant

Hindustan Times  

Strap: The near- ₹1 cr monthly profits not even enough to pay employee salaries amounting to ₹3.5 cr; staff sitting idle as last project was launched in 2016 Chandigarh Housing Board had in the 2023-24 budget projected the income at ₹ 47 crore against a spending of ₹ 33 crore, but the targets were not met. The Chandigarh Housing Board …

Chandigarh admn’s employee housing scheme will be revived: Purohit
9 months, 2 weeks ago

Chandigarh admn’s employee housing scheme will be revived: Purohit

Hindustan Times  

Two days after the UT administration decided to scrap the 2008 Self-Financing Employee Housing Scheme, terming it unviable, UT administrator Banwarilal Purohit on Friday said the scheme will be revived. “If employees agree to accept the flats as per the current collector rates, we will revive the scheme,” said Purohit while addressing a press conference to list out the Union …

Chandigarh Housing Board revenue falls ₹5 crore short in FY23’s first half
11 months, 1 week ago

Chandigarh Housing Board revenue falls ₹5 crore short in FY23’s first half

Hindustan Times  

The Chandigarh Housing Board’s revenue in the first half of financial year 2023-24 fell ₹5 crore short of the estimated target. The Chandigarh Housing Board earned ₹ 19 crore in the first two quarters of the fiscal, against an expenditure of ₹ 24 crore, as per information obtained by RTI activist RK Garg. The board earned ₹19 crore in the …

Chandigarh admn sanctions ₹1.88 cr for maintenance of 8,448 small flats
1 year, 4 months ago

Chandigarh admn sanctions ₹1.88 cr for maintenance of 8,448 small flats

Hindustan Times  

After almost a decade of allotment, UT administration has sanctioned ₹1.88 crore for maintenance of common area of 8,448 small flats in Dhanas, Mauli Jagran –II, Ramdarbar, Maloya-I, and sectors 49 and 38. The Chandigarh administration has sanctioned funds for maintenance of common area of 8,448 small flats. In September 2013, Chandigarh Housing Board gave possession of flats in Dhanas …

Chandigarh: Setback for CHB, Purohit puts Sector 53 housing scheme on hold
1 year, 4 months ago

Chandigarh: Setback for CHB, Purohit puts Sector 53 housing scheme on hold

Hindustan Times  

In a major jolt for the Chandigarh Housing Board, UT administrator Banwarilal Purohit has put its Sector-53 general housing scheme on hold, stating that there is no need for the scheme currently. As a result, the scheme, which was touted as the most expensive public housing project in the city’s history, received only 178 applications against the 492 flats on …

Chandigarh: Around 50 cr due in rent, CHB begins allotment cancellation process
1 year, 7 months ago

Chandigarh: Around 50 cr due in rent, CHB begins allotment cancellation process

Hindustan Times  

Owing to non-payment of rent, the Chandigarh Housing Board has started the process for cancellation of allotment of its small flats. The board has uploaded the defaulters’ list on its website and directed them to clear the dues within 15 days, failing which, cancellation notices will be issued. Yashpal Garg, chief executive officer, CHB, said, “We have issued show cause …

Chandigarh Housing Board to auction 5-acre plot in IT Park for apartment project
2 years, 9 months ago

Chandigarh Housing Board to auction 5-acre plot in IT Park for apartment project

Hindustan Times  

Chandigarh Housing Board is all set to auction a five-acre plot in Information Technology Park, Chandigarh. There are a total of eight freehold residential plot sites in IT Park which the CHB had earlier planned to auction in one-go. It was in October 2006 that CHB had decided to develop residential, commercial and other infrastructure with Parsvnath Developers at IT …

Leasehold properties the bane of Chandigarh administration
3 years, 3 months ago

Leasehold properties the bane of Chandigarh administration

Hindustan Times  

Hundreds of leasehold properties that can fetch the Chandigarh administration revenue in crores are lying vacant for the want of buyers. Ownership rights in the case of leasehold properties are with government agencies, while freehold status gives the buyer complete rights. Ownership rights in the case of such properties are with government agencies, such as the estate office, municipal corporation …

UT Employees’ Housing Scheme: CHB redraws plans, explores price options
4 years, 3 months ago

UT Employees’ Housing Scheme: CHB redraws plans, explores price options

Hindustan Times  

It was an apartment scheme that fell through due to the high price tags of the units, but now the Chandigarh Housing Board is making new drawings of the project and exploring costing options of the UT Employees’ Housing Scheme. Chandigarh Housing Board has gone back to the drawing board to rethink plans for a housing scheme for UT employees. …

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