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