Chandigarh: “It is unfortunate that the administration has become a party to escalating price in the UT,” said Member of Parliament Pawan Kumar Bansal on the tie up between Chandigarh Housing Board (CHB) and private company Parsvnath Developers for building luxury flats ‘Pride Asia’ near Sukhna lake.
Bansal, while interacting with The Indian Express staffers under the Idea Exchange programme, questioned the utility of the MoU under which a one-room flat would cost Rs 52 lakh and a villa would come at a whopping Rs 6.40 crore.
“One room for Rs 52 lakh and the whole payment to be made in just three years! What are we doing? What kind of a Public Private Partnership (PPP) is this? At least governments should not be party to the escalation of reality prices,” reacted Bansal at a query.
Recalling the housing board’s own auction of two-room flats some time ago for Rs 32 lakh each, Bansal said, “Realty prices actually began to rise after the CHB sold a two room flat for Rs 32 lakh. This is moving away from the basic objective of the board, which is to provide housing to the common.”
He added that as per assessments, a salaried person couldn’t spare more than 20 per cent of his salary for meeting his housing needs. “But even after every possible permutation and combination, not even a decently-paid person can afford a flat there. How is this helping the growth of housing in the city?” he questioned.
Bansal, however, added that the scheme would be acceptable to him only if the IT companies purchase some flats for providing accommodation to their own employees.
(more…)