10.16 Area within panvel municipal corporation

(4) In area of Panvel Municipal Corporation, 75% of the total permissible TDR component as mentioned in Coloum 5 of the Table 6-G in the Regulation No.6.3, may be utilised on payment of premium at the rate of 60% land rate mentioned in the Annual Statement of Rates subject to following condition. Balance 25% to be utilised in the form of TDR only. Condition :- This provision shall only be applicable till the sanction of the Development Plan of Panvel Municipal Corporation under section 31(1) of the Maharashtra Regional and Town Planning Act, 1966. -*-*-*-*-*-

(1) The “10.4.1” is deleted vide Corrigendum / Addendum No.CR.121/21, dt.02nd December, 2021

(2) Inserted & (2) Deleted vide Notification u/s.37(1AA)(c) No.CR.236/18 (Part 6), dt.12th October, 2022

(3) Inserted vide Notification u/s.37(1AA)(c) bearing No.CR.15/24/UD-12, dt.07th October, 2024 * Modification proposed u/s 37(1AA) vide Notice No. CR 42/2023/UD-13, dt. 04/01/2024 brought into force u/s 154, stayed by UDD vide letter dt. 03/04/2024.