Chandigarh, March 10 -- The Punjab and Haryana high court has taken suo motu note of the exorbitant prices of plots and houses being offered by government instrumentalities in the tricity - Greater Mohali Development Authority (GMADA), Haryana Shehri Vikas Pradhikaran (HSVP) and Chandigarh Housing Board (CHB).

"It appears that the states have started indulging in profiteering, leaving the common man in the lurch. The prices of the residential plots/flats being auctioned are exorbitant," the bench of justice Anupinder Singh Grewal and justice Deepak Manchanda observed on Monday.

The court was hearing a petition related to housing and urban development from a Haryana resident, Sheenam Singla, during which the suo motu note was taken. Inci...