Archive · 7 Jun 2025
Chandigarh Housing Board Delays Sector 53 Housing Scheme
Imagine a plan to build new apartments in your city.
The Chandigarh Housing Board (CHB), which is like the city's home builder, wanted to build homes in Sector 53.
They asked people if they were interested and many people said yes.
But the CHB decided to make the homes more expensive.
Because of this, the plan got delayed.
The CHB is giving the money back to those who wanted to buy a home.
This happened because of some unexpected changes in the cost of building the homes, meaning the homes will now be even more expensive.
This isn't the first time the CHB has had trouble, as past housing projects also had issues, particularly with affordability.
Chandigarh Housing Board (CHB) is delaying the Sector 53 self-financing housing scheme.
A demand survey earlier this year showed interest from nearly 7,500 applicants for 372 flats.
CHB increased flat prices by 30-40% due to a hike in collector rates.
The last housing scheme for the public was in 2016, with poor response due to affordability issues.
The scheme has faced multiple delays since its initial planned launch in 2018.
- Who
- The Chandigarh Housing Board (CHB) and potential home buyers.
- What
- The CHB is delaying the launch of the Sector 53 housing scheme and refunding applicants due to increased costs.
- When
- The scheme has been delayed for years, with recent developments occurring in early 2024.
- Where
- Chandigarh, specifically the planned Sector 53 housing scheme.
- Why
- Delays are due to market constraints, policy issues and increased costs that the board is now passing on to buyers.
- Scheme
- Sector 53 Self-Financing Housing Scheme
- Applicants in Survey
- Approx. 7,500
- Flats in Survey
- 372
- 3-BHK Price Increase
- Rs 1.65 crore to Rs 2.29 crore
- 2-BHK Price Increase
- Rs 1.40 crore to Rs 1.97 crore
- EWS Flat Price Increase
- Rs 55 lakh to Rs 73 lakh
- Last Public Housing Scheme
- 2016