The UT Administration on Thursday issued orders to resume the land allotted measuring 21,352.534 sq yards in Sector 50 C, here to Chandigarh Sector 16 Cooperative Housing Building Society ltd.
While issuing the orders, Mandeep Kaur, Secretary, Chandigarh Housing Board, stated, “Exercising the powers of Estate officer, I hereby resume the allotment of land measuring 21,352.534 sq yard in Sector 50 C here allotted in the name of President of Chandigarh Sector 16, Cooperative Housing Building Society ltd, with immediate effect under the rule ibid as a last resort due to non compliance of terms and conditions of allotment in terms of clause 26 of the Allotment letter, 10 percent of the total amount of consideration money, interest, and other dues stands forfeited under Rule 8 (A) in accordance with the provisions of the Capital of Punjab (Development & Regulation) Act 1952, the Chandigarh (Sale of Sites & Buildings) Rules, 1960 and the provisions of Chandigarh Allotment of land to Cooperative House Building Societies Scheme, 1991.
Although as many as 12 opportunities have been given to the society to deposit the due amount but the society is not coming forward for reconciliation or to clear the balance amount. It is Government’s money and the society cannot be allowed to enjoy the same without making the due payment, stated the orders. According to the orders, the physical possession of the aforesaid plot was handed over to Society on July 4, 2002. Due to non-payment of land cost within the stipulated period, the Society was issued a number of show cause notices.
The president of Society has failed to deposit the balance amount of land cost which amounts to Rs4,40,71,174 (Rs97,32,508 as principle amount of land cost + Rs3,43,38,666 as accrued interest) as on April 30, 2014 in spite of repeated reminders, show cause notices and opportunities of hearings afforded to the Society.