Defaulters owe Rs56 crore to Housing Board

Tribune News Service

Chandigarh, October 15

The Chandigarh Housing Board (CHB) has released a list of defaulters of commercial properties.

An official said a sum of more than Rs56 crore in the form of instalment, ground rent and interest was pending against defaulters of the Housing Board properties in the city for years altogether.

Defaulters are mainly located at the Booth Market in Sector 38 (West), motor markets in different sectors and the grain market in Sector 26. The highest amount due was Rs1.35 crore from the allottee of a booth in Sector 38 (West).

The Housing Board will issue notices to all defaulters to urge them to deposit the outstanding amount at the earliest.