|
Minimum Rate (residential) |
|
Rs.7,74,000/- |
|
Rs.2,45,520/- |
|
Rs.1,59,840/- |
|
Rs.1,27,680/- |
|
Rs.70,080/- |
|
Rs.56,640/- |
|
Rs.46,200/- |
|
Rs.23,280/- |
2.1 The following multiplicative use factors shall be employed to the above minimum land rates
for residential use to arrive at the cost of land under other following uses:-
| Use* | Public Utility e.g. Private Schools, Colleges, Hospital |
Industrial | Commercial |
|---|---|---|---|
| Factor | 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) |
|
21960 | 25200 |
|
17400 | 19920 |
|
13920 | 15960 |
|
11160 | 12840 |
|
9360 | 10800 |
|
8220 | 9480 |
|
6960 | 8040 |
|
3480 | 3960 |
3.2 In order to take into account the age of structure, the following multiplying factor shall be employd to the minimum cost of construction mentioned above:-
| 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 To calculate the valuation of different structures the following multiplying factor to the above minimum cost of contrucation shall be employed under 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 |
|
50400 | 57840 | 1.10 |
|
54480 | 62520 | 1.15 |
|
66240 | 75960 | 1.20 |
|
76200 | 87360 | 1.25 |
A. For flats in having more than four storeys, a uniform rate per sq. mtr. Of Rs. 87840/- 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.100800/- 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.