The Times of India-Chandigarh urban planning department approves Manimajra housing project layout
In a significant move, the urban planning department of the Chandigarh administration has approved the layout and zoning plan for the MC's land to develop a housing society in Manimajra. The MC aims to earn Rs 250 to 300 crore by auctioning this prime land. The civic body authority will now proceed to finalise the terms and conditions, and related aspects to maximise revenue from the land disposal.
As per the approved plan, five residential pockets will be developed on 7.7 acres of land. With the UT approving a two-floor area ratio (FAR) for this project, each housing pocket may rise up to five storeys.