CHANDIGARH: After witnessing a good response to the properties whose status changed from leasehold to freehold, the Chandigarh Housing Board (CHB) got the permission to convert the status of 24 more residential units from leasehold to freehold. The permission was given by the UT administration on the proposal of CHB for these properties that are in sectors 40, 52 and Manimajra.
With the change in status of properties to freehold, the board was able to sell five in the recent auction. These included one residential and four commercial units in the e-tender of vacant dwelling units, bringing in a revenue of Rs 3.67 crore. A residential unit was sold for Rs 26 lakh and four commercial ones for Rs 3.41 crore.
