MIDC Penalty

Hi I would like to have information about the penalty being reduced for additional construction in the MIDC residential area by MIDC Pimpri Chinchwad New Town Development Authority?

The Maharashtra Industrial Development Corporation (MIDC) has decreased the punishment for building galleries in a loft in its private squares.

The punishment which was Rs 18,602 before has been lessened to Rs 3,000 for every square meter. Through and through, 15,000 individuals from Shahunagar and Sambhajinagar of G, piece of MIDC will profit as a result of the choice.

The MIDC has passed a determination in such manner on June 6,2014.

Keeping in mind the end goal to stay away from unlawful development in the regions, the MIDC has likewise endorsed 0.5 extra FSI.

In the G square of MIDC, there are around 250 helpful lodging social orders which needed to pay a fine to merge galleries in their condos. As they had included exhibitions in the lofts, they didn't get consummation testament for the development. Thus they were not ready to offer the flats. They were likewise not able to pay the overwhelming punishments. There was a request from the inhabitants that the punishment ought to be made like the punishments forced by the Pimpri Chinchwad Municipal Corporation (PCMC) and Pimpri Chinchwad New Town Development Authority (PCNTDA)

__________________
Answered By StudyChaCha Member