Self Financing Housing Scheme: UT employees seek Arun Jaitley’s approval

The approval was given with a rider that the successful applicants will have to pay an interest at the rate of 12 per cent per annum since the project was launched eight years ago.

By: Express News Service | Chandigarh | Published:September 23, 2016 6:17 am
Self-financing housing scheme, chandigarh employees' union, chandigarh, arun jaitley, chandigarh housing board, Chandigarh news, India news, latest news Indian express The Chandigarh Housing Board office in Sector 9. Express

A delegation of Chandigarh Employees’ Union, led by city BJP chief Sanjay Tandon, on Thursday met Union Finance Minister Arun Jaitley in Delhi regarding the Self Financing Housing Scheme-2008 for employees of Chandigarh administration. The delegation urged the minister for according approval to the scheme. The then UT administrator, Kaptan Singh Solanki, had accorded approval to the scheme in February this year. The administration had also sent the file to the ministry of finance for approval. The approval was given with a rider that the successful applicants will have to pay an interest at the rate of 12 per cent per annum since the project was launched eight years ago.

The Chandigarh Housing Board (CHB) had launched the scheme in 2008, for which 7,000 people applied. A draw of lots was held in November 2010, and 3,930 applicants were selected. The successful candidates started depositing money as per terms and conditions and the CHB also got 11.79 acres allotted for the project in Sector 53. To meet the demand of houses, the height of the buildings were increased from four to six storeys. The housing board took 25 per cent of the total money from the applicants amounting to Rs 57 crore.

However, in 2012, the Chandigarh administration said they could not allot flats to the employees as the terms for acquiring the land were changed.

The employees said the administration could not deny the allotment of flats on the terms of 2012 , while the scheme was launched in 2008 and the draw was held in 2010.