| S.No. |
Type of property |
Rs. per sq.mtr./Percentage of the premium as
per allotment letter. |
Rs. per
sq.mtr./Percentage of the premium as per
current prevailing rate (in Transfer cases).
|
| I |
RESIDENTIAL |
After
expiry of construction period extension
charges for 1st year is 4% of the allotment
price, for 2nd year 5% of allotment price
and for 3rd year 6% of the allotment price.
Thereafter 4% of current sector rate shall
be chargeable . |
After
transfer 4% of current sector rate is
chargeable |
| II |
GROUP HOUSING |
After expiry of
construction period extension charges for
1st year is 4% of the allotment price, for
2nd year 5% of allotment price and for 3rd
year 6% of the allotment price. Thereafter
4% of current sector rate shall be
chargeable |
After
transfer 4% of current sector rate is
chargeable |
| III |
HOUSING |
Not applicable. |
|
| IV |
INDUSTRIAL |
Phase-I :-
For 1st year extension - Rs. 50/- per
sqm.
For 2nd year to 7th year extension - Rs.
150/- per sqm.
For 8th to 10th year extension - Rs.200/-
per sqm.
Phase-II :-
For 1st year extension - Rs. 25/- per
sqm.
For 2nd year to 7th year extension - Rs.
50/- per sqm.
For 8th to 10th year extension - Rs.75/-
per sqm.
Phase-III :-
For 1st year extension - Rs. 35/- per
sqm.
For 2nd year to 7th year extension - Rs.
100/- per sqm.
For 8th to 10th
year extension - Rs.120/- per sqm.
|
Not
applicable |
| V |
COMMERCIAL |
As per decision taken in
the 75th Authority Meeting held on
14.10.93, the time upto 31.03.94 was given
without penalty for making the commercial
establishment functional failing which
penalty shall be payable as per terms and
conditions of allotment. As per decision
taken in 95th Authority Meeting held on
16.12.98 and office order dated 16.01.99,
following time was allowed for making the
unit functional:-
1. Stipulated time period for functioning
on built up premises-2 years
2. Stipulated time period for
construction of building and functioning -
3 years on plots After expiry of above
period extension charges shall be payable
as per prevailing policy, however, at
present the rates are as under:-
1. First year - 5% of the total allotment
cost of plot/shop
2. Second year - 7.5% of the total
allotment cost of plot/shop
3. Third year - 10% of the total
allotment cost of plot/shop
4. Fourth year -15% of the total
allotment cost of plot/shop
5. Fifth year and thereafter every year
-20% of the total allotment
cost of plot/shop
.
|
After
transfer one year period is allowed to
construct the building/ make the unit
functional from the date of transfer memo.
Rate of extension charges are applicable as
in normal allotment case |
| VI |
INSTITUTIONAL |
4% of the allotment rate
per annum as mentioned in lease deed . |
|
