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CHB considers new demand survey after prices of flats increase sharply

CHB considers new demand survey after prices of flats increase sharply

Time of India20-05-2025

Chandigarh: An increase in the price of flats in the proposed
Chandigarh Housing Board
(CHB), Sector 53
self-financing housing scheme
has prompted the board to consider a fresh
demand survey
. It is also considering offering an option to existing applicants of the latest demand survey to accept increased price of flats.
In the demand survey for the scheme held in February-March this year, nearly 7,500 applicants expressed interest in 372 flats. In a previous survey (2018-19), the scheme received only 178 applications. Applicants deposited Rs 5,000 to Rs 10,000 under the demand survey, depending on the category of flats. However, after a major hike in
collector rates
, CHB increased prices of the flats by 30% to 40%, depending on the category.
According to a CHB official, "The 3-BHK flat, which is currently priced at Rs 1.65 crore, is likely to be priced at Rs 2.29 crore if the proposed collector rates are made effective.
The 2-BHK prices are set to increase from Rs 1.40 crore to Rs 1.97 crore. For the EWS flat, the price is likely to rise from Rs 55 lakh to Rs 73 lakh."
CHB claimed that a decision regarding the scheme would be taken within a month after closure of the demand survey. However, after two and a half months, a decision is still to be taken. CHB is facing the prospect of applicants dragging it to court on the issue of their deposits.
The housing scheme was to be launched in 2018, but a demand survey revealed that there were not many takers due to the high cost of the dwelling units.
by Taboola
by Taboola
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The scheme was revived in 2023 but the administration decided against launching it. It was again revived in 2024, and a fresh demand survey was conducted in 2025.
BOX: Provision of installing lift
CHB has received the nod of the Chandigarh administration for installation of lifts in CHB dwelling units. Drawings for these lifts will be issued by CHB after the plan is submitted. A 15-day notice will be issued for the rest of the adjoining allottees. If other residents of the block also want to use the lift, they can do so by sharing the price. Where there is no provision for installing lifts, adjoining areas can be used for installation but without transfer of ownership rights of govt land.
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