Violation percentage

Hi legal team,

Did we now have rough idea of the violation percentage? It is very important to know the regularisation fees upfront because today in hindu paper I saw for a 60x40 site it could be minimum of 6.5 lakhs violation on all four [pertaining to floor area, setback, town planning and zoning regularisation] fronts. Before Dec 14, making arrangements for anything above 30,000 rupees is huge for me and I have to opt for loan.

thanks in advance
karthik

Posted by Karthik at Tuesday, November 20, 2007

1 comment:

  1. MuthukrishnanTuesday, November 20, 2007 at 9:31:00 PM GMT+5:30

    Hi All,

    Just spoke to Sreeni (G7/B). Update is Valuer is visiting the premises 21st Nov'07.
    As per Sreeni the calculation is based on total sqft deviated X Market value per sqft .Currently the market value is close to Rs.1000 per sqft.

    Once we know the exact sqft deviated ...we need to take a concious decision based on the total deviation how do we plan to go ahead .

    Thanks,
    Muthukrishnan.R 305/B

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