Vellakovil City Development Plan - Municipal
Vellakovil City Development Plan - Municipal
Vellakovil City Development Plan - Municipal
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<strong>City</strong> <strong>Development</strong> <strong>Plan</strong> for Vellakoil <strong>Municipal</strong>ity SMEC India Pvt Ltd<br />
Final Report TNUDP III<br />
The cost of the scheme is Rs. 800 lakhs and the O&M cost shall be equal to around Rs. 12.50 lacs<br />
per annum. The same shall increase @ 5% per annum.<br />
l) Commercial Buildings<br />
Commercial Buildings shall be constructed at 1 place and the rent collection and deposit<br />
mobilization from the same shall be as below :<br />
Rent Deposit<br />
Erode Road Rs. 100000 p.m. Rs. 2500000<br />
The rent shall increase @ of 15% every 3 years.<br />
Rental holiday of 2 years shall be provided against rental deposit collected.<br />
The operation & maintenance of the commercial building is estimated at Rs. 3 lacs per annum and<br />
the same shall increase @ 5% per annum.<br />
m) Bus Stand<br />
The income from Bus Stand shall increase by 15% on completion of ongoing improvements.<br />
n) Markets<br />
It is estimated that Daily Market shall fetch rental income of Rs. 15 lacs per annum. The Weekly<br />
Market / shandy shall fetch rental income of Rs. 10 lacs per annum. The rental income shall<br />
increase @ 15% every 3 years.<br />
The additional operation & maintenance of markets is estimated at Rs. 3 lacs per annum and the<br />
same shall increase @ 5% per annum.<br />
o) Slaughter House & Gasifier Crematorium<br />
The Slaughter House shall be let out on lease @ Rs. 1.5 lacs per annum.<br />
The Gasifier Crematorium shall result in income of Rs. 1.5 lacs per annum.<br />
The O&M charges of Slaughter House shall be Rs. 0.75 lacs per annum.<br />
The O&M charges of Burial Ground shall be Rs. 1 lac per annum.<br />
The income shall increase @ 15% every 3 years and the expenditure shall increase @ 5% per<br />
annum.<br />
p) Advertisements<br />
Bill Boards would be put at 20 places through out the <strong>Municipal</strong>ity. Rent shall be earned @<br />
Rs.500.00 per Bill board per month. The rent shall increase @ Rs. 100/- every 3 years.<br />
q) Parking Rent<br />
The income from parking shall be Rs. 1 lac per annum. The same shall increase @ 15% every 3<br />
years.<br />
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