Hry Housing Board net profit jumps to Rs 51 cr

Published on: 

The revenue of Haryana Housing Board is recorded at Rs 51 crore in year 2017-18, which is about 600 per cent higher as compared to the net profit of Rs 8.7 crore in the fiscal year 2015-16.

“In the last two years, the Board has held draws for 22,575 flats. It has already issued possession letter to 18,000 flats whereas 1000 more possession letters are in the process of being issued,” said chairman of the Board,  Jawahar Yadav.

He said that there has been change in the working and fortunes of the board under the present State Government.

Yadav said that the process of allotment or possession is being completed in time bound manner.

The Board is soon going to re-advertise 6,000 ready to move unsold flats at various locations in the state this month under the new policy of Town and Country Planning Department. Under this policy, these houses would be refloated for economically weaker sections categories and preference would be given to people belonging to BPl category, said he. The income limit for applying these houses for EWS category would be Rs three lakh per annum. The maximum cost of these flats/houses would be upto Rs six lakh.

He said that the beneficiaries can also take credit link subsidy scheme benefit at 6.5 percent under the Pradhan Mantri Awas Yojna.

The Board chairman further said that the Board has also issued a new liberal transfer policy for the benefit of allottees, besides framing a policy for condonation of delay in taking possession.  

Daily Pioneer
dailypioneer.com