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State of Madhya Pradesh - Section
Section 3B in The M.P. Municipal Corporation (Transfer of Immovable Property) Rules, 1994
3B. [ [Insert by Notification No. 393-XVIII-3-99, dated 5-10-1999.]
Notwithstanding anything contained in Rule 3, the allotment of land to the political office building may be made, subject to the following rates and conditions namely :-| (a) | Land upto 4000 sq. ft. | By taking 10 per cent value of total premium and 5 per centannual lease rent of the payable premium. |
| (b) | Land more than 4000 sq. ft.and upto 10,000 sq. ft. | By taking 25 per cent value of total premium and its 5 percent annual lease rent. |
| (c) | Land more than 10,000 sq. ft. | On total premium and lease rent. |