CM Bhupendra Patel's big decision, forgiving 100% penalty for 90 days on outstanding installments in this scheme

July 13, 2022

111 1 minute read

Important decision taken by Chief Minister Bhupendra Patel in old schemes of Gujarat Housing Board and Slum Clearance Cell under Azadi Ka Amrut Mahotsav Incentive Compensation Scheme

Scheme of Gujarat Housing Board and Slum Clearance Cell

Big decision of CM Bhupendra Patel

Sorry for the 100 percent penalty for 90 days

Gujarat Chief Minister Bhupendra Patel has taken an important people oriented decision. On the occasion of Guru Purnima, the CM has decided to waive 100 per cent penalty in the old schemes of Gujarat Housing Board and Slum Clearance Cell for 90 days from today.

Sorry for the 100 percent penalty

A public interest oriented decision was taken by the state government on the occasion of Guru Purnima under Azadi Ka Amrut Mahotsav Promotional Compensation Scheme. Approximately Rs. 768.92 crore will be waived.

64,991 beneficiaries will get the benefit

If the outstanding installment amount of the board is repaid by the beneficiary within 90 days from the implementation of the scheme, 100 per cent penalty will be waived on the outstanding installment amount. Joining this relief package scheme will enable the remaining 64,991 beneficiaries to get the right to own a house. Not only this, the Chief Minister has also decided to reduce the interest on the remaining penalty due to the provision of penalty at the rate of 8% per annum for the beneficiaries who are unable to repay the installment within the time limit of 90 days.

Get more information from this website

Forms are available on the website of Gujarat Housing Board http://www.gujarathousingboard.gujarat.gov.in for documenting the beneficiaries, as well as more information in this regard can be obtained from the mobile number given on the website. It is important that this decision of CM Bhupendra Patel will help the Gujarat Housing Board to recover the outstanding installment. As well as those who join this package scheme will get the ownership right to the building holder. As a result, re-development schemes across Gujarat will be able to be implemented faster due to documentation.