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Disposal of Land Rules - RIICO

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7. <strong>Land</strong> use conversion charges for the cases involving change in land use<br />

<strong>of</strong> an allotted industrial plot for educational /training institutes<br />

purposes will be as under:<br />

Broad<br />

Classification<br />

* Change <strong>of</strong> land use<br />

<strong>of</strong> an allotted<br />

industrial plot/ land<br />

for educational<br />

/training<br />

institutes/schools<br />

purposes.<br />

Note: The<br />

educational/training<br />

institutes will bear<br />

due clearances <strong>of</strong> the<br />

statutory bodies<br />

concerned, and will<br />

be in conformity <strong>of</strong><br />

their norms.<br />

Table-3<br />

Sub Classification Conversion Charges<br />

(a) For the<br />

educational institutes<br />

(the institute which<br />

imparts degree/<br />

diploma and primary/<br />

secondary education)<br />

purposes.<br />

(b)Industrial Training<br />

Institutes (ITI) and<br />

Polytechnic College<br />

(c) Other training<br />

Institutes imparting<br />

certificate courses<br />

(Vocational courses<br />

etc.) but excluding<br />

ITIs etc.<br />

0.25 times the prevailing<br />

development charges <strong>of</strong> the<br />

Industrial Area concerned<br />

0.25 times <strong>of</strong> the prevailing<br />

development charges <strong>of</strong> the<br />

Industrial Area concerned.<br />

At par with commercial<br />

conversion i.e. 3 times the<br />

prevailing industrial rates.<br />

7.1 The change <strong>of</strong> land use <strong>of</strong> allotted industrial plot from industrial to<br />

institutional would be allowed and approved by the committee <strong>of</strong> Advisor<br />

(Infra), DTP and concerning unit head under chairmanship <strong>of</strong> ED subject to<br />

fulfilling <strong>of</strong> the prescribed norms.<br />

(Inserted as per IDC decision taken vide item 12 on 21.10.2005 and further<br />

as per approval by the IDC vide item 14 <strong>of</strong> its meeting held on 19 .6 . 2009 )<br />

7.2 Regularization <strong>of</strong> unauthorized use <strong>of</strong> an industrial plot for educational<br />

institution purposes:<br />

Unathorized use <strong>of</strong> an industrial plot for educational institution purposes, i.e<br />

using the plot for the above purposes without getting the land use changed ,<br />

can be regularized as under:<br />

i. An additional amount equivalent to 25 % <strong>of</strong> the prevailing development<br />

charges <strong>of</strong> the industrial area concerned, besides the regular conversion<br />

charges, will be recovered from the defaulter allottee as the<br />

regularization charges.<br />

ii. Building norms/regulations etc. as are relevant to educational institution<br />

plots will made applicable to such cases <strong>of</strong> regularization also and will be<br />

observed while regularizing the unauthorized use <strong>of</strong> the industrial land<br />

for the above purpose.<br />

(Inserted as per approval <strong>of</strong> IDC –item 4 dt. 4.5.2011)

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