Brochures are available in the from 13.12.2010 and the draw of lots would take place in January. There would be an examination of tenders simultaneously. Work would be allotted by February and the flats would be handed over to allotees by July 2012. The application forms are costing Rs 1,000 and anyone can fill in any number of applications for a two-bedroom flats, costing Rs 50 lakh.
The Rs 50-lakh two-bedroom flat scheme floated by the Chandigarh Housing Board (CHB) in Sector 51 here today is set prove a blessing in disguise for the recession-hit builders in Chandigarh’s periphery.
With virtually no takers for the thousands of the apartments coming up in Chandigarh’s peripheral towns, the CHB scheme would be used by builders to sell their apartments to the investors and end users, who cannot afford a dwelling unit in Chandigarh.Chandigarh is virtually going out of the reach of the middle and lower middle class, given its high prices. In such a scenario, the apartments in Chandigarh’s vicinity, which cost between Rs 20-30 lakh, can catch the fancy of home seekers.
Part of the Dream Weave Walk Network 1998-2010