17
February
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Prices of Residential Plots in Panchkula Crash: No Construction Above Third Floor
in Property
The recent announcement by the Haryana Government and HSVP regarding ban on construction of stilt plus 4 floor building in Panchkula District has not only provided respite for the residents of HSVP developed sectors protesting against apartmentalization of residential plots, it has also simultaneously provided relief to the bonafide purchasers of residential properties by way of making available plots and houses at affordable prices. The builders who had resorted to construction of stilt plus 4 floor apartments at residential plots meant to be independent dwelling units were making hefty profit by selling 4 apartments constructed over residential plots across Panchkula. It...
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