12 hours ago
Manimajra housing: MC finalises terms for land auction
Chandigarh: With a clear intent to auction over 7.5 acres of land, spread across five different chunks for a housing society in pocket number 6 of Manimajra, the Chandigarh municipal corporation has framed detailed terms and conditions for the ambitious project with multiple riders.
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The allotment of land can be done either jointly or by one person to ensure the project's success. The matter is likely to come up in the monthly general house meeting for discussion and subsequent approval of the members on Monday.
The MC followed all the required rules and guidelines of the Chandigarh administration while launching this project. All clauses of penalties, violations, and rules will be applicable to this project as per the Capital of Punjab (Development and Regulation) Act, 1952, Chandigarh Building Rules (Urban) 2017, and the Chandigarh Estate Rules, 2007, as amended from time to time, giving the authority immense power to take action in case of any building or related violations.
With no permission for any kind of fragmentation or amalgamation of any site or building, the Municipal Corporation, Chandigarh, clarified that construction shall be exactly as per the zoning plan, and no other activity shall be permitted in the dwelling units/flats.
In an important decision, the civic body authority clarified in its terms and conditions that there shall be no restriction on the transfer of sites sold by way of auction on a freehold basis.
Therefore, the buyers of the flats/units will have complete freedom to transfer their flat/unit on a freehold basis by depositing the required fee to the authority concerned.
Over 7.5 acres of land in five chunks will be auctioned based on the reserve price, ranging from Rs 125 crore to Rs 217 crore, depending on the size of the land. Interested bidders will have to submit earnest money deposit (EMD), ranging from Rs 2.51 crore to Rs 4.34 crore, for participating in the auction.
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Taking a crucial decision regarding the services inside the housing society, the MC clarified that wastewater from waste pipes shall be treated within the premises using an appropriate treatment plant constructed by the allottee. All internal estate services, including roads, public health services (sewerage, stormwater, water supply, TT water, and underground water tanks), electricity, horticulture, and landscaping, along with their maintenance, will be the responsibility of the bidder only.
Moreover, the provision of facilities and services and mandatory provisions within the land auctioned to the purchaser shall be the responsibility of the auction-purchaser. This includes maintenance, management, and upkeep of all the common areas, services, and facilities, including the amenities within the area of the land allotted to it.
