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Property_Manu - Final - The New India Assurance Co. Ltd.

Property_Manu - Final - The New India Assurance Co. Ltd.

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<strong>The</strong> <strong>New</strong> <strong>India</strong> <strong>Assurance</strong> <strong>Co</strong>.<strong>Ltd</strong>.CIRCULARPROPERTY CELL-7/HO/94/COMMN/2157th July 1994.ALL REGIONAL OFFICESKind Attn. :__________________DGM / RMRe : Area norms for purchase of residential premises.It has been observed that Building & <strong>Property</strong> Cell, HO receives the proposals for purchase of<strong>Co</strong>mpany owned residential premises where the area of the proposed flats is not in accordancewith the prescribed area norms.We therefore give below the present area norms in respect of <strong>Co</strong>mpany owned premises forofficers & employees :Designation Carpet area (sq. ft. )AGM & above1500 & aboveManager 1000 – 1200Sr. Divl. Mgr./ Divl. Mgr. 750 – 900Dy. Mgr / Asst. Mgr 750 – 900AO / AAO 650 – 750CL. II & CL. III 450 – 600CL. IV 400 – 450You are requested to take note the above norms.( B. G. VAZIRANI )ASST. GEN. MAMAGERMANUAL ON PROPERTY63

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