|
Minimum rate for valuation of land for residential use (in Rupees per square meter) |
|
645000/- |
|
204600/- |
|
133200/- |
|
106400/- |
|
58400/- |
|
47200/- |
|
38500/- |
|
19400/- |
2.1 The following multiplicative use factors shall be employed to the above minimum land rates for residential use while calculating the cost of land under different uses:
| Use* | Residential | Public Purpose e.g. Govt. Schools, Hospitals etc. |
Public Utility e.g. Private Schools, Colleges, Hospital |
Industrial | Commercial |
|---|---|---|---|---|---|
| Factor | 1 | 1 | 2 | 2 | 3 |
*Definitions are as in the Unit Area Property Tax System.
3.1 The base unit rate of cost of construction will be:
|
Minimum rate of construction for residential Use (in Rs.Per sq.mtr.) |
Minimum rate of construction for Commercial use (In Rs.Per sq.mtr) |
|
(2) | (3) |
|
18300/- | 21000/- |
|
14500/- | 16600/- |
|
11600/- | 13300/- |
|
9300/- | 10700/- |
|
7800/- | 9000/- |
|
6850/- | 7900/- |
|
5800/- | 6700/- |
|
2900/- | 3300/- |
3.2 The following multiplicative factors shall be employed to the minimum cost of contruction for taking into consideration age of structures:-
| Year of completion | Prior to 1960 | 1960-69 | 1970-79 | 1980-89 | 1990-2000 | 2000 onwards |
|---|---|---|---|---|---|---|
| Age Factor | 0.5 | 0.6 | 0.7 | 0.8 | 0.9 | 1.0 |
3.3 The following multiplicative factors to the above minimum cost of construction for different types of structures shall be consideration only for colonies in ‘G’ & ‘H’ Categories:
|
Pucca | Semi-pucca | Katch |
|
1.0 | 0.75 | 0.5 |
|
Minimum built up rate (Rs. per sq. mtr.) for DDA colonies/cooperative & Group Housing Societies (in case of residential use) | Minimum built up rate (Rs. per sq. mtr.) for DDA colonies/cooperative & Group Housing Societies/flats by private builders (in case of Commercial use) | Multiplicative factors for Private colonies |
|
42000/- | 48200/- | 1.10 |
|
45400/- | 52100/- | 1.15 |
|
55200/- | 63300/- | 1.20 |
|
63500/- | 72800/- | 1.25 |
A. For flats in buildings having more than four stories, a uniform rate per sq. mtr. Of Rs. 73200/- is will be taken as the minimum value of built up rate for residential purpose, whereas in case where the same is used for Commercial purpose, a uniform rate per sq. meter of Rs.84000/- will be taken as a mininum value of built up rate for Commercial purpose. For multistoried flats by private builders, a multiplicative factor of 1.25 shall be employd.
B. Where part plinth area, say one floor of an independent property other than a flat is sold, the relevant mininum land cost may be taken for the proportionate plinth area sold, and minimum cost of construction applied on plinth area sold.