Disposal of Land Rules - RIICO

15(A) (i)
On failure to pay the service charges within stipulated period for the year then
service charges shall be paid at higher rate by 10% alongwith interest to be
computed from 61st day of the allotment in case of new allotments and from
1st August of the year for old allottees.
15(A) (ii) In cases of plots allotted for industrial, commercial or other purposes through
auction, service charges shall be levied from the date of plot possession and
shall be paid within 60 days from the date of possession for the year of
possession. If the plot possession is not taken within 90 days from the date of
100% development charges paid then the possession shall deemed to have
been taken on 91st day of the payment of development charges for the
purpose. Service charges for the year of allotment shall be charged
proportionally for remaining period of the year from the month of allotment /
possession as the case may be.
(Substituted as per decision taken by IDC vide item 11 of the meeting held on 3.6.2000.)
15(A)(iii). One time payment of service charges (for a block of 10 years):
Allottee may also opt to pay one time service charges for 10 years, in advance at 6
times of prevailing rate. After expiry of 10 financial years, a block of another 10
years shall commence from 1st April, of 11th financial year and service charges for
that block equivalent to six times the rate fixed at that time shall be paid before 31st
July of the financial year and so on.
(Inserted as per IDC decisions taken vide item 6 & 12 on 5.7.2000 & on 30.09.2000
respectively)
15(A) (iv). Service Charges shall be recovered in all Industrial Areas from the date of
declaration of the area as developed.
15(A)(v). No Service Charges will be levied upon the allottees to whom plots have been
allotted for the following purposes :
(a) Industries Association - for construction of association building.
(b) Power Companies (erstwhile RSEB)-For setting up power Grid Sub Station
(GSS) of 220/132 KV & 33 KV.
(c) PHED - For water supply scheme/arrangements in the area itself.
(d) Director of Industries - For DIC building
(e) Police Department - For Police Chowki
(Inserted as per IDC decision taken vide item 10 & 10-a on 12.5.81item 8 on 31.5.88. )
15(A) (vi) No service charges shall be levied upon industrial plot allottees in industrial areas
including transferred industrial areas for the period unit remains closed and also no
interest shall be levied on old outstanding service charges for the closure period. The
closure period will be reconed from the date of disconnection of power supply/
electric connection till the date of the reconnection. The allottee shall provide
adequate proof regarding disconnection of power supply from the concerned
department and the benefit will begiven on the physical and record verification of the
closure of the unit by the unit office.
(Amended as per IDC decision vide item 8 of its meeting dt. 18.2.2011)