Disposal of Land Rule - RIICO

15(A) (i)
On failure to pay the service charges within stipulated period i.e with in 60
days from the date of allotment in case of the new allotments and by 31 July of
the financial year in case of old allotments, then the due amount of the service
charges will be recovered with interest from the due date i.e from the date of
alloment in case of new allotments and from 1 April in case of old alloments.
(amended as per item 34 of the meeting 9.3.2012 )
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 91 st 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 1 st April, of 11 th financial year and service charges for
that block equivalent to six times the rate fixed at that time shall be paid before 31 st
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 one year time period (maximum) from the
date of closure of the unit 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 be given on the
physical and record verification of the closure of the unit by the unit office. If an unit