CGEWHO works under `No Profit ‘ No Loss’ basis…

The under construction DY Patil Cricket stadiu...

The under construction DY Patil Cricket stadium at Nerul , Navi Mumbai (Photo credit: Wikipedia)

CGEWHO works under `No Profit ‘ No Loss’ basis and the land cost is calculated according to the actual expenditure involved plus finance cost towards investment made for the procurement. No profit is being derived by CGEWHO at any stage.

The below information was given by the Ministry of Housing and Urban Poverty Alleviation Shri.KUMARI SELJA in a written reply to a question in Lok Sabha regarding the subject of CGEWHO Projects.

The position as reported by the Central Government Employees Welfare Housing Organization (CGEWHO) is given below:

CGEWHO procures land through allotment from the concerned development authority and wherever there is no allotment available from the authorities land is procured through turnkey contractors. The details of land procured and utilized by CGEWHO till date are given at Annexure.

After allotment of land/transfer of land in the name of CGEWHO (in case of turnkey projects) the detailed plans are prepared and submitted to land allotting authorities. On approval of plans by the Statutory Authorities, the schemes are announced after estimating the cost of Dwelling Units which would also include land component as well as overheads.

CGEWHO works under `No Profit ‘ No Loss’ basis and the land cost is calculated according to the actual expenditure involved plus finance cost towards investment made for the procurement. No profit is being derived by CGEWHO at any stage.

ANNEXURE :-

S.NO STATION PROCURED UTILISED BALANCE LAND
(acres) (acres) (acres)
1 Nerul (Navi Mumbai) 6.25 6.25
2 Kharghar (Navi Mumbai) 19.00 19.00
3 Chennai(I)* 10.00 10.00
4 Noida (I & II) 20.00 20.00
5 Kolkata (I)* 9.75 9.75
6 Panchkula ( I ) 2.00 2.00
7 Gurgaon (I & II) 39.00 39.00
8 Chandigarh 10.00 10.00
9 Bangalore (I)* 8.20 8.20
10 Kochi 6.00 6.00
11 Hyderabad (I) 6.35 6.35
12 Ahmedabad* 6.41 6.41
13 Pimpri chinchwad (Pune) (I & II) 10.00 10.00
14 Lucknow (I) 4.50 4.50
15 Meerut (I & II) 2.00 2.00
16 Greater Noida 38.00 38.00
17 Bhubaneswar (I & II) * 10.00 5.00
18 Panchkula (II) 5.00 10.00
19 Jaipur (I) 3.00 3.00
20 Noida (III, IV & V) 40.00 40.00
21 Hyderabad (II) 3.00 3.00
22 Chennai (II & III)* 26.52 11.20 15.32
23 Gurgaon (III)* 14.50 14.50
24 Hyderabad (III)* 6.00 6.00
25 Mohali (I & II)* 20.00 8.50 11.50
26 Mohali (III), PUDA Land 5.50 5.50
27 Jaipur (II)* 6.50 6.50
28 Vishakhapatnam* 8.20 8.20
29 Meerut Ph-II 12.00 12.00
30 Kolkata Ph-II 11.50 11.50
TOTAL 369.18 252.66 116.52

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About CPWD Engineers' Association

It is a great pleasure to inform you that CPWD Engineers Association has launched its Blogging page. Now this page will bring to you latest developments/activities of our Members. All efforts are being made to ensure that this website caters to the requirement of CPWD Engineers so far as their various information through this Association is concerned. In course of time this page would be the most useful source of information and would reduce the gap between the Engineers and this Association. Please must inform to other members too. This page is added for various interesting things, Important News & Activities of Association .

Posted on Mon, Apr 23rd, 2012, in What's new and tagged , , , , , , , . Bookmark the permalink. 1 Comment.

  1. Saswati Chakraborty

    Madam i just want to request you that please take necessary action against poor construction CGEWHO kolkata ph-2.We are spending our money for not to get a below standard building.We have faith on you and waiting for your action what you are going to take.

    Thanks & Regards

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