Kumar Bahukhandi
Finance, Housing and Environment Minister Om Prakash Choudhary -File Photo
In Short
*Housing and Environment Minister Shri O. P. announced in the Assembly on Thursday July 17, 2025 that the Chhattisgarh Housing Board’s OTS-2 scheme gets historic success by selling 920 properties worth Rs 139.47 crore and gets debt free
*Construction process will start only after getting 60% pre-booking of houses
Raipur: Housing and Environment Minister O. P. Choudhary informed about the unprecedented success of the One Time Settlement Scheme (OTS-2) run by the state government in the Chhattisgarh Legislative Assembly on Thursday July 17, 2025 .
Minister O P Choudhary informed that the OTS-2 scheme was started from March 1, 2025 . The objective of this scheme is to make the vacant properties constructed earlier by Chhattisgarh Housing Board accessible to the general public with special discounts. In the scheme, phased discounts have been given on properties based on the period of vacancy.
He explained in detail that 20% discount is being given on such properties which are 5 to 10 years old and in which at least 20% portion is vacant, while in case of more than 20% vacancy, a discount of up to 30% has been prescribed. At the same time, there is also a provision of 30% discount on vacant properties older than 10 years.
The Finance Minister informed that those properties which have now been included in the scheme for the first time and whose construction has completed 5 years have been included in the offer with a discount of 10%. All these discounts apply to the base price of the properties. After this, offers are invited, in which citizens participate through competition, and the property is allotted to the highest priced person.
OP Choudhary said that as a result of effective implementation of this scheme and increasing confidence among the people, a total of 920 properties have been successfully sold till June 15, 2025, due to which the Board has received revenue of Rs 139.47 crore. This achievement shows the popularity of the scheme and is a milestone for the Housing Board.
The Housing Board has become completely debt free
Finance Minister O P Chaudhary also informed that the Housing Board had earlier owed banks a loan of about Rs 800 crore. The state government has fully repaid this loan from its budget provisions, due to which the Board has become completely debt free today. This is a major achievement of the Board, which has made it more empowered for future plans.
Construction work will start only after 60% pre-booking
Housing and Environment Minister Chaudhary said that from now on words , no new housing scheme will be started by the Housing Board until its pre-booking is at least 60%. This strategic step has been taken to ensure the success of the schemes and to avoid unnecessary construction work.
He also clarified that now the Housing Board is moving beyond the traditional boundaries and working by adopting a corporate model, under which not only affordable housing units but also houses of various categories and commercial properties are being developed. This innovation is in line with the urban development and self-reliant housing policy.
Priority to public interest
Minister Choudhary said in his statement that the basic objective of the Housing Board is to provide affordable, safe and quality housing to the people of the state. The schemes run by the Board are being prepared especially keeping in mind the common people, lower and middle class families, so that every citizen can get an opportunity to live a respectable life, OP Choudhary added.
