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ADA SCHEMES > COSTING (Hits so far: 21453)

Download Allotment Rules for plots and houses
Land Rate
For the costing of Land, the land rate shall be taken as applicable on the date of Allotment.A list of land rate is given in main menu.
Location Charges
If the plot is situated on a road having 18 meter or more width, 10% of the cost shall be payable as location charges.
Corner Charges
If the plot is a corner plot (i.e. the plot is situated on road from two sides), 10% shall be payable as corner charges.
Park Facing
If the Plot is facing any park, 5% shall be additionally payable as park facing charges
In case for any plot, all the above charges are applicable, the maximum charges applicable shall be 20%
Transfer of Property Charges
The property may also be changed if vacant.In case, on demand of applicant, the property is changed, 15% of total value of transferred property shall be charged as transfer fee.
Cost of Additional Land
In case, the area of the plot is more than the standard/allotted area, the cost of extra land shall be calculated with the land rate at the time of allotment for the area up to 10% increase, and for balance increased area, land rate shall be the current prevailing rates.
Costing For Houses
Generally the cost mentioned on the allotment letter is the estimated price of the House. The actual cost of the House is calculated when the actual expenditure of construction, duration of work and interest rate are finally assessed. The cost is calculated on the basis of actual cost of construction, interest for half of the project completion period , Consultancy, overhead charges and the cost of land.
The mutation charges shall be calculated @ 1% of the current market price(Current market rate will be computed on the basis of DM circle rate or Development authorities rate whichever is higher) of the property.
Costing for Multistory Property
The costing of the multistory buildings are done similar to the houses as far as the construction is concerned. For calculation of the land cost following methodology is adopted
Duplex- Total land is charged
Two storied Houses
Ground Floor-60% of land value is charged
First Floor-40% of land value is charged
Three Storied Houses
Ground Floor-40% of land value is charged
First Floor-30% of land value is charged
Second Floor-30% of land value is charged
Four Storied Houses
Ground Floor-30% of land value is charged
First Floor-20% of land value is charged
SecondFloor-20% of land value is charged
Third Floor-20% of land value is charged
Download Allotment Rules for plots and houses

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