Tag: Chandigarh

IndustryLatest Stories

Chandigarh Admin Berates CHB for Poor Performance

CHANDIGARH: Punjab Governor and UT Administrator Gulab Chand Kataria criticized the Chandigarh Housing Board (CHB) for its inadequate performance in fulfilling its mandate of providing affordable housing in the city. The board has faced scrutiny for its long-standing stagnation, failing to initiate a single housing project in almost a decade. During his inaugural visit to the CHB building in Sector 9, the administrator led a performance review meeting on Thursday, where various aspects of the board’s operations were discussed. He emphasized the need to reactivate the CHB to meet its objectives. Present at the meeting were CHB officials, including UT…

IndustryLatest Stories

Chandigarh raises property conversion charges

CHANDIGARH: Property owners in the city will face significantly increased fees for converting leasehold residential properties to freehold status. This change is part of a new notification from the Chandigarh administration, marking the first revision of these charges since 2017. The new fees have increased by two to four times, depending on property size and location, and are directly tied to updated collector rates. The notification indicated that the land rate for calculating conversion charges will be aligned with the collector rates (in Rs per sqm) applied to residential urban areas, as per the rates announced on March 25. Additionally,…

IndustryLatest Stories

Chandigarh to Hire Third-Party Agencies for Fire Safety Audits

Certainly! Here’s a revised version of the content: — CHANDIGARH: The Chandigarh Municipal Corporation is launching a significant reform to enhance fire safety in the city. This initiative involves empaneling certified third-party agencies to conduct fire safety audits for over 25,000 commercial and institutional buildings, including schools, hospitals, offices, factories, shopping malls, and high-rises. This effort comes in response to increasing concerns regarding substandard firefighting equipment and inadequate preparedness among building occupants. Currently, there are no regulations governing the suppliers or installers of fire safety systems, often resulting in inferior installations that fail during emergencies. Certified agencies will carry out…

Latest StoriesResidential

VB Probe Looms Over Manimajra Housing Project in Chandigarh

Sure! Here’s a rewritten version of the content, maintaining key details and clarity: — CHANDIGARH: The Municipal Corporation (MC) has initiated a high-value housing project in Manimajra with a reserve price of approximately Rs 800 crore, raising significant concerns due to the lack of a formal policy for allocating 15% of housing units to the Economically Weaker Section (EWS), as required by the Ministry of Housing and Urban Affairs (MoHUA). This issue is notably sensitive given the ongoing Vigilance investigation into the Uppal Housing Society in Manimajra. Though launched in 2005, the society did not construct or allot any EWS…

InfrastructureLatest Stories

Chandigarh: Drone Survey Complete, Field Verification Starts Sept 20

CHANDIGARH: The Chandigarh administration has finalized the drone survey under the NAKSHA pilot program, with field verification of property features set to begin on September 20. A total of twenty survey teams, each consisting of five members, have been formed to systematically execute the task. A review meeting chaired by DC Nishant Kumar Yadav took place this Tuesday to assess the progress of NAKSHA. Officials from the Survey of India (SOI), National Informatics Centre (NIC), Municipal Corporation Chandigarh (MCC), Madhya Pradesh State Electronics Development Corporation (MPSEDC) (via video conference), along with the State Project Management Unit (SPMU), NAKSHA, UT Chandigarh…

Latest StoriesResidential

Chandigarh’s Vacant Properties to Be Auctioned Every Four Months

CHANDIGARH: Following a remarkable turnout at the recent auction for residential properties, the UT estate office plans to conduct property auctions quarterly. Nishant Kumar Yadav, the deputy commissioner and estate officer, stated, “We are in the process of developing a calendar for property auctions. This schedule will ensure that vacant properties held by the estate office are regularly auctioned, allowing interested buyers to participate. This approach aims to enhance the availability of properties in the city to meet growing demand.” In the latest freehold residential property auction, every residential site was sold. Notably, a property in Sector 33, covering 1014…

Latest StoriesResidential

Chandigarh: Manimajra Housing Project Approval in Question

CHANDIGARH: A significant controversy has arisen over the approval of a multi-storey housing project in Manimajra. Senior Deputy Mayor Jasbir Singh Bunty and Deputy Mayor Tarun Mehta have claimed that the agenda was passed unlawfully during the MC’s 352nd general house meeting on August 26. In a letter sent to the local government secretary, the two officials, along with AAP councillor Prem Lata, alleged the agenda was pushed through arbitrarily, violating democratic procedures and the Municipal Corporation Act. They called on the secretary to intervene and nullify the agenda for the greater public good. The councillors contended that opposition members…

Latest StoriesRegulatory

Punjab Cancels Developer’s Partial CLU Approval

MOHALI: In a significant blow to a local developer, the Punjab government has revoked a part of the Change of Land Use (CLU) permission previously granted for an industrial colony in Sector 102, covering the villages of Drari and Dhurali. The director of town and country planning in Punjab issued the cancellation on Thursday, alleging that the developer submitted forged documentation. The revocation involves 9 kanals and 15 marlas (approximately 1.3 acres) of land, which is now excluded from the project. The decision has left 200 investors, who have reportedly invested about Rs 250 crore, uncertain about the project’s future.…

Latest StoriesResidential

1,014 sq yd plot sells for ₹33.4 crore in Chandigarh

Representative AI image CHANDIGARH: The real estate market in Chandigarh is booming. The latest auction by the UT estate office concluded on Thursday, achieving record bids that indicate a rise in investor confidence and soaring property prices. A residential plot in Sector 33, spanning 1,014 sq yards, commanded a striking Rs 33.4 crore—over twice its reserve price of Rs 14.9 crore. Even the smallest offered plot, at just 126 sq yards, sold for ₹4 crore against a reserve of Rs 1.7 crore. The auction netted a total revenue of Rs 168.85 crore, significantly surpassing the reserve price of Rs 75.29…

Latest StoriesResidential

Panchkula: Just 24,000 of 100,000 pay property tax

PANCHKULA: Despite having over 100,000 registered property tax assessees, only around 24,000 property owners in Panchkula met the payment deadline for this financial year by July 31, according to official data. The Municipal Corporation anticipated collecting over ₹155 crore in property tax, yet only ₹6.62 crore has been collected so far. This indicates a significant disparity between the number of taxpayers and assessors, as well as between the projected revenue and actual collections. No rebates will be applicable after the July 31 deadline, and defaulters will incur interest on the unpaid principal amount. The Municipal Corporation is still attempting to…