14.6.17 Payments to be made to SRA and instalments

1. No premium including fire premiums shall be charged for any relaxation / exemptions to be granted for construction of rehabilitation component under S.R.S. No hardship premium shall be charged for any relaxation to be granted for construction of composite buildings in the Scheme, provided that such composite building has a minimum 40% of the total built-up area under rehabilitation component. Premium shall not be charged for all or any of the relaxations given herein for rehabilitation component as well as free sale component.

Provided that, concession in premium may be granted to the extent of proportion of rehabilitation component in the composite building. Further the developer shall be allowed to pay installments as provided in UDCPR Regulation 2.2.14.

2. Premium shall be charged for any relaxation other than the provisions of the said Regulations to be granted for construction of Free-sale component, at the rate prevailing then within the areas of respective Municipal Corporations for their areas.

3. Land Development charges shall not be charged for lands under declared slum rehabilitation areas. Building Development charges shall not be to payable for rehabilitation component. However, infrastructural improvement charges shall be paid to S.R.A. and the concerned Planning Authority as per provision in clause (7) below, at the prevailing rates within the areas of respective Municipal Corporations for their areas for the built-up area, over and above the permissible F.S.I. of the zone. These charges shall also apply to the transit camp.

4. The Developer shall deposit with C.E.O., S.R.A., an amount of Rs.40000/- or 3% (for 15.0 m. height rehabilitation building) or 4% (for 24.0 m. height rehabilitation building) or 5% (for 45.0 m. height rehabilitation building) or 7% (for 45.0 m. and above height rehabilitation building) of the cost of construction as per the prevailing A.S.R. whichever is more, for each Rehabilitation Tenement as well as for the Welfare Center/s and Balwadi/s in the Rehabilitation Component of the S.R.S. This amount shall be kept in FD for a period of 10 years. The interest received on this amount, after deducting the reasonable expenses required by C.E.O., S.R.A. for performing the tasks as provided by, shall be handed over to the Co- operative Society for maintenance. The principal amount will be transferred to the account of Cooperative society on completion of the period of 10 years from the date of formation of society.

5. The developer shall be responsible for complete maintenance of the vacant tenements, till their allotments to eligible slum dwellers / S.R.A.

6. The developer shall not create any third party interest by any means except for free sale component or D.R.C. of the scheme. Any such act of the developer shall be liable for administrative action against him including criminal action under relevant law or Cr. PC for the misuse of public property.

7. The concerned developer shall have to pay Infrastructure Development Charges (I.D.C.) at the rate equal to prevailing rates within the areas of respective Municipal Corporations for their areas. Such I.D.C. shall be calculated on the difference of built-up area proposed for construction of rehabilitation component, free-sale component, transit camps, welfare hall, balwadi etc., if any, and built-up area as otherwise normally permissible on the land pertaining to the scheme under the provisions of prevailing D.C.P.R. for the concerned Authority. Sharing of such I.D.C. between S.R.A. and the concerned Authority shall be in proportion of 10 : 90 of the total leviable I.D.C. and the same shall be paid to the concerned Authority in accordance with the payment schedule as may laid down by the C.E.O., S.R.A.,

(1) provided the installments shall not exceed beyond the completion of construction of the scheme. This amount shall be used for schemes to be prepared for the improvement of infrastructure in slums or slum rehabilitation areas.