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Collector Rate Hike Casts Shadow Over CHB's Sec-53 Project
Hindustan Times Chandigarh
|June 19, 2025
Scheme launch in limbo despite fresh environmental clearance
CHANDIGARH: The Chandigarh Housing Board (CHB) is facing uncertainty over the launch of its long-awaited General Housing Scheme in Sector-53, despite receiving a renewed environmental clearance.
A sharp hike in the city's collector rates, which came into effect in April 2025, has pushed property prices up by 35% to 40%, raising concerns about whether the applicants, who had previously shown strong interest, will still be able to afford the project.
CHB's decision-making process has been marred by delays, marking the second environmental clearance renewal in just two years.
The board recently secured clearance from the environment department after paying a ₹5 lakh fee, following a similar payment of ₹7 lakh in 2024. However, each clearance is valid for just one year, adding pressure on the board to make a final decision.
Cette histoire est tirée de l'édition June 19, 2025 de Hindustan Times Chandigarh.
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