Every developer who makes provision for earmarking of land or floor area, as the case may be, for economically weaker sections and low income groups housing, shall be incentivized through a scheme of cross-subsidization, which shall be such, as may be prescribed by the Government including land use concessions through conversion of part of residential use for commercial use, higher floor space index, transferable Development Right, etc. and/or higher prices charged from Higher Income Groups.
Section 83-C: Incentives to developers.
The Jammu and Kashmir Municipal Corporation Act, 2000Union territory Act of Jammu and Kashmir · Act 21 of 2000
Where this provision sits
| Act | The Jammu and Kashmir Municipal Corporation Act, 2000 |
|---|---|
| Section | 83-C |
| Marginal note | Incentives to developers. |
| Jurisdiction | Union territory of Jammu and Kashmir |
| Status | In force as published by the source |
How this provision has been amended
Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.
- inserted, Act No. XIII of 2012. Sections 82-A, 82-B, 82-C, 82-D and 82-E inserted by Act No. XIII of 2012, s. 7.
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