In Sector 53, the Chandigarh Housing Board will build 340 flats instead of 492.

CHANDIGARH: The Chandigarh Housing Board (CHB) has decided to build 340 flats rather than 492 at a cost of Rs 208.65 crore in its Sector 53 housing scheme.

Around 100 one-bedroom flats will be demolished, and the number of flats for the economically disadvantaged (EWS) will be reduced from 80 to 48. According to the revised plan, there will be 192 3 BHK flats, 100 2 BHK flats, and the remaining 48 EWS flats.

A detailed agenda item in this regard will be considered for approval at the CHB’s board meeting on February 2. The meeting will be presided over by UT adviser Dharam Pal, who also serves as the chairman of the CHB.

According to sources, the CHB expects allottees to show increased interest in 2BHK and 3BHK flats due to the current state of the real estate market.

According to CHB sources, the number of applicants for the EWS category in the scheme’s demand survey report was 38, with 12 for one-bedroom flats, 33 for two-bedroom flats, and 95 for three-bedroom flats. There were 178 applications received. The demand survey was based on the saleable cost offered, which included the construction cost, land cost, and departmental charges but not the profit.

The UT administration’s Plan Approval Committee had approved the scheme’s drawings with conditions. During the project’s planning, environmental clearances were obtained, and the Chandigarh Pollution Control Committee’s approval was sought.