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[Section 16]
[Entire Act]
State of Punjab - Subsection
Section 16(1) in The Punjab Town Improvement (Utilisation of Land and Allotment of Plots) Rules, 1983
| 1. | (a)** Cost of...... acres of land(b) Provision of compensation of trees, structure, tubewellsand poultry sheds | Rs.Rs. | |
| Total | Rs. (A) | ||
| 2. | Development charges :- | Rs. | |
| (a) Roads as per rough costestimates(b) Sewerage, water supply andstorm water drainage as per rough cost estimates(c) Street lighting and localdistribution system and unforeseen cost as per rough costestimates of Punjab State Electricity Board(d) Provision for land-scaping | Rs.Rs.Rs.Rs. | ||
| Total | Rs. (B).. | ||
| 3. | Overhead charges :- | ||
| (i) interest @ 10 per cent for 3 years on cost of land i.e. on(A) above. | Rs. | ||
| (ii) Maintenance charges @ 2 per cent per 5 yearson (B) above | Rs. | ||
| (iii) Conservancy charges @ 5 years per cent per month peracre | .. Rs. | ||
| (iv) Establishment charges @ 14 per cent on cost of land i.e.on (A) above | .. Rs. | ||
| (v) Lumpstum provision for schools, dispensaries, firestations, community centres, stadium, play grounds and otherpublic utility | |||
| *To be increased in case the local municipal body is alreadycharging a higher rate for such items of expenditure. | |||
| **(Price per acre X number of acres) building to the extent ofthe prevision of such services.. | Rs | ||
| Total | .. Rs. (C) | ||
| Total of (A)+(B)+(C)above | .. Rs. (D) | ||
| Provision forunforeseen charges @ 15 per cent on (D) above | .. Rs. (E) | ||
| Total Cost (D)+(E) | ….(D)+(E) | ||
| Cost per square yard | .. Rs. |