The Chandigarh Housing Board vide its 395th &396th Board meetings has decided to waive off the condition of lock-in-period.

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

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