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HSV Property Dealer Launches Online Urban Estate Resale Platform

Representative AI image CHANDIGARH: The Haryana Shehri Vikas Pradhikaran (HSVP) is poised to rebrand itself as a government-run real estate agency, a decision that may not be well received by private real estate agents and the general public. In response to a shortage of land, HSVP plans to facilitate allottees across its 30 urban estates to resell their properties through an e-auction platform. Allottees will need to express interest (EOI) and pay an initial facilitation fee of 0.25% of the offer price, followed by 0.50% of the final deal amount post-auction. The first e-auctions are scheduled for September 24-28 in…

Latest StoriesResidential

Gurugram: 1,000 vacant flats to be repaired and allocated

Representative image GURUGRAM: A proposal to demolish 1,088 EWS flats in Sector 47 has been put on hold, allowing for much-awaited allocations. The renovation of these flats will be handled by Haryana Shahari Vikas Pradhikaran (HSVP), with eligible families set to receive allocations. Originally built in 2010 under the Ashiana scheme for the underprivileged at a cost of Rs 42 crore, these flats have remained unoccupied for 15 years due to procedural delays and disputes regarding beneficiary eligibility. Previously, HSVP officials noted that identifying qualified applicants was challenging since many lacked necessary documentation or did not fulfill income and residency…

Latest StoriesResidential

2,000 Ashiana Flats in Panchkula to Get Makeover

Representative image created by AI PANCHKULA: The much-anticipated renovation of 2,072 Ashiana flats in Panchkula is finally commencing, offering hope to residents who have dealt with subpar living conditions for years. Originally constructed by HSVP to house below-poverty-line (BPL) families, the buildings have deteriorated over time, suffering from structural damage, crumbling walls, and overgrown parks and pathways. HSVP has allocated funding for the renovation, which the municipal corporation (MC) will supplement with external civic enhancements to rejuvenate the housing complexes. Two major renovation projects have been approved by HSVP. The first project, estimated at Rs 1.88 crore, will refurbish 960…