Disposal of Land Rule - RIICO

S.No Nature of the case
a.
Table-4
Nursing Home/ Hospital/ Spa
& Nutrition Institute to
commercial use
b. Nursing Home/ Hospital/ Spa
& Nutrition Institute to
industrial use.
c. Industrial to Bio-Tech
d.
Educational Institute.
From a specified Commercial
use to other commercial use
(fulfilling the criteria of
building regulations)
e. An Industrial plot allotted for
setting up of an automobile
repairs and service center can
be allowed for mixed use
involving specific
commercial use to the
maximum extent of 25% of
the total plot area.
f. Industrial to Nursing
Home/Hospital use.
g. Nursing Home / Hospital to
Educational Institute
Recoverable charges
2.5 times the prevailing development
charges of the industrial area, concerned.
No conversion charges to be levied.
No conversion charges to be levied.
Three times the prevailing rate of
Development Charges minus the rate paid
at the time of the allotment. However the
rate so worked out will never be below
25% of the prevailing rate of development
charges of the industrial area concerned.
At 3 times the rate of development
charges of the industrial area
concerned upto 25% of the plot area.
In case of violation of the ceiling of
25% of the total plot area to be put to
commercial use, the allottee will be
liable to pay the conversion charges at
three times the rate of development
charges of the industrial area
concerned for total plot area.
The existing unauthorized mixed use
by such allottees may also be
regularized on payment of additional
10% payable conversion charges as
above.
(i)In un-saturated industrial areas:
0.5 times the prevailing
industrial rate.
(ii) In saturated industrial areas:
1 time of the prevailing industrial
rate.
No conversion charges to be levied for
prior approval. However in case of
regularization of unauthorized use of
Nursing Home /Hospital plot for