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What Is CIDCO 12.5 Scheme |
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Re: what is cidco 12.5 scheme
The City and Industrial Development Corporation of Maharashtra is an Indian city planning and richest government authority formed and controlled by the Government of Maharashtra. About the 12.5% Scheme of CIDCO The Govt. vide its order dated 6.3.1990 announced the 12.5% Scheme and extended it to all PAPs. In this scheme, the PAP is given back developed land which is 12.5% of the land acquired from him. Out of the 12.5% entitlement, 30% is reserved for social facilities and public utilities. Thus net allotment would be 8.75% of the land acquired from him. The plot allotted to the individual has 1.5 FSI and 15% commercial component permissible on the plot. The PAPs who benefited under the GES Scheme could apply for this scheme as well. The PAP can develop the plot himself or enter into an agreement with the developer for development. The 12.5% Scheme became fully functional in 1994. 12.5% Scheme of CIDCO cidco.maharashtra.gov.in/RM_125scheme_Intro.aspx#middel For more Information you may Contact to the CIDCO the contact Detials Are given below Contact Details CIDCO Address: Udyog Bhavan, Next to LIC Building, CIDCO, Jalgaon Road, Aurangabad 431003 Contact Number: 0240 2485321/22/23 |
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