CHB for rebate on value of unsold residential, commercial properties

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CHB for rebate on value of unsold residential, commercial properties

Friday, 08 November 2019 | Staff Reporter | RAIPUR

Housing and environment minister Mohammed Akbar presiding over the Chhattisgarh Housing Board’s 61st board meeting on Thursday held at Paryavas Bhawan, Atal Nagar cleared the proposal for providing rebate on the value of unsold residential and commercial properties.

The proposal will be sent to cabinet committee for sanction.

The meeting was informed that Chhattisgarh Housing Board for year 2019 has constructed 99,186 buildings and 3,264 commercial buildings out of which 2,665 residential and 28 commercial buildings are under construction. Around 3,687 constructed residential buildings are lying unsold, the cost of which is around Rs 667.63 crore. Similarly, 448 commercial buildings are also lying unsold, the present market value of which is Rs 114.55 crore.

The rebate has been announced to unlock the investment of CHB, which can pave way for its revival.

During the meeting, based on forest department’s proposal developed plots scheme was also sanctioned at village Serikhedi, Raipur for Chhattisgarh Ministerial service officers and    employees. Additional to it, sanction was given for 149 EWS building construction at Dharampura.

Meeting also decided to give revised dearness allowance to officers and employees of Board and extended it to the pensioners also.

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