Scale of Rates for Lease / License of land in Port area belonging to the VOCPT from 1st July 2017
Sl.No |
Purpose |
Rate in (Rs.) Per Sqm. Per Annum |
Zone "A" |
Zone "B" |
Port related |
Non – Port related |
1 |
Service/Residential |
122.11 |
122.11 |
219.80 |
2 |
Industrial |
244.21 |
244.21 |
439.58 |
3 |
Commercial |
370.03 |
370.03 |
666.04 |
Note:
1) The rates prescribed above shall be applicable with effect from 1st July 2017 till 30th June 2022.
2) The rates shall be escalated by 2% per annum with effect from 1st July 2018 till 30th June 2022.
3) All other conditions governing the license fee/lease rent shall be as per the amended Land Policy Guideline of 2014 issued by the Ministry of Shipping , and as may be amended from time to time.
Approved by TAMP vide Order No.TAMP/52/2017-VOCPT dated 22nd November, 2017