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Disposal of Land Rule - RIICO

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emains closed for a period <strong>of</strong> less than one year, then also the above benefit will be<br />

extended to such units for the full one financial year.<br />

(Amended as per IDC decision vide item 8 <strong>of</strong> its meeting dt. 18.2.2011. Amended as per item 14 <strong>of</strong> the<br />

meeting 26.4.2012 )<br />

15(A) (vii)From 1.4.2001, service charges in slow moving industrial areas shall be charged @<br />

2/3 rd <strong>of</strong> normal rate <strong>of</strong> service charges. The reduced rate shall continue till the<br />

category <strong>of</strong> slow moving industrial area changes to normal area and thereafter the<br />

rate <strong>of</strong> service charges shall be increased from 2/3 rd to full rate. The plot allottees in<br />

such areas shall pay service charges at reduced rates by 31 st July. In case <strong>of</strong> failure,<br />

full rate <strong>of</strong> service charges shall be levied upon plot allottees in these areas. Plot<br />

allottees in these areas if again fail to deposit the service charges by 31 st March <strong>of</strong> the<br />

financial year then outstanding service charges on full rate shall be recovered<br />

alongwith interest from Ist April <strong>of</strong> next year.<br />

(Inserted as per IDC decision vide item 12 on 8.1.2001, item 12 on 25.1.2001 and<br />

item 3 on 9.10. 2002)<br />

15(A)(viii) In case <strong>of</strong> land allotted for setting up <strong>of</strong> a School, service charges will be levied at<br />

the rates as applicable for the industrial plots.<br />

(Inserted as per IDC decision taken vide item 15 on 23.3.1996 & item 21 on<br />

15.11.96. amended in pursuance <strong>of</strong> item 4 <strong>of</strong> the meeting held on 18.2.2011)<br />

15(A)(ix) Service charges in <strong>RIICO</strong> Housing Colonies having specifications <strong>of</strong> industrial<br />

areas <strong>of</strong> ‘A’ and ‘AA’ category, shall be levied at two times <strong>of</strong> the rate <strong>of</strong> service<br />

charges fixed for industrial plot subject to a minimum <strong>of</strong> Rs. 500/- per annum. For<br />

Housing Colonies having specifications <strong>of</strong> other categories <strong>of</strong> industrial areas,<br />

service charges shall be recovered at per the rate applicable for industrial plots<br />

subject to minimum <strong>of</strong> Rs. 250/- per annum.<br />

15(A)(x). For commercial plots, the rate <strong>of</strong> service charges shall be two times <strong>of</strong> the rate <strong>of</strong><br />

service charges fixed for industrial plots subject to a minimum <strong>of</strong> Rs. 500/- per<br />

annum.<br />

15(A)(xi) In undeveloped industrial areas, service charges will not be levied.<br />

15(A)(xii) In semi-developed industrial areas service charges shall be levied at the rates as<br />

may be fixed by the Corporation.<br />

(Substituted as per IDC decision taken vide item 30 on 23.9.2002 and item 17 on<br />

12.5.97)<br />

15(A)(xiii) Service charges for the plot allotted for Group Housing Flats shall be levied as per<br />

the rate applicable for industrial plot in the area, for eight years from the allotment<br />

date or till the completion <strong>of</strong> construction phase / its occupation, whichever is earlier<br />

and thereafter service charges shall be levied at two times the rate <strong>of</strong> service charges<br />

applicable for industrial plots subject to a minimum <strong>of</strong> Rs. 250/- per annum.<br />

(Substituted as per IDC decision taken vide item 18 and 19 on 12.7.99, item 17<br />

on 8.7.2002 and item 30 on 23.9.2002. Inserted as per IDC decision taken vide<br />

item 12 on 9.7.98 and item 5 on 22.3.2000)<br />

15(A)(xiv) For hotel / motel plot the rates <strong>of</strong> service charges shall be levied at two times <strong>of</strong> the<br />

rate fixed for industrial plots subject to minimum <strong>of</strong> Rs. 500/- per annum.<br />

(Substituted as per IDC decision taken vide item 30 on 23.09.2002)

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