Chandigarh, 15th March, 2016: The Chandigarh Housing Board vide
its 395th & 396th Board meetings has decided to waive
off the condition of lock-in-period with respect to General Self Financing
Housing Scheme-2008, Sector-63, Chandigarh in the exercise of its powers under
Regulation 50 of the Chandigarh Housing Board (Allotment, Management and Sale
of Tenements) Regulations, 1979. As such, the transfers of properties allotted
under this scheme are allowed under the different policies of Chandigarh
Housing Board. It is further clarified that the property rights transferred
under the GPA transactions, are hereby ordered to be regularized under the GPA
Policy of CHB, whether the CHB has released the possession of the property or
not. In case, the possession is not released to the allottee, then, the
possession will be released to the purchaser after regularization of the GPA
transaction.
Therefore, if any allottee, under the General
Self Financing Housing Scheme-2008, Sector-63, Chandigarh has sold his/her
allotted apartment/dwelling unit before taking possession of the same, the
transferee/buyer shall have the right to take possession directly, after having
the apartment/dwelling unit transferred in his/her name.
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