(1) While preparing a development scheme or an expansion scheme (hereinafter referred to as the scheme), the Municipality shall ensure that after development, the saleable area shall be as under:-
(a) not less than fifty per centum and more than sixty five per centum of the total area under the Residential scheme;
Sections 8(3) and 9(3) PUNJAB GOVT. GAZ. (EXTRA), OCTOBER 26, 2021 (KRTK 4, 1943 SAKA) 2644 The saleable area referred above shall be utilised for the purpose and to the extent indicated as under against each such purpose :- Purpose Extent for utilization
(i) Residential ..... Eighty five to Ninety per centum of the saleable area.
(ii) Commercial...... Four to Nine per centum of the saleable area.
(iii)Institutional Six per centum of the saleable area :
purpose......
(b) as per Punjab Municipal Building Bye-laws as amended from time to time, in case of purely Group Housing Scheme;
(c) not less than forty per centum and more than fifty per centum of the total area under the Commercial Scheme;
(d) not less than fifty per centum and more than sixty per centum of the total area under the Industrial scheme.
The saleable area under industrial scheme shall be utilized for the purpose and to the extent indicated as under against each such purpose :- Purpose Extent for utilization O
(i) Industrial...... Eighty to Ninety per centum of the saleable area.
(ii) Residential..... Maximum Ten per centum of the saleable area.
(iii) Commercial...... Maximum Ten per centum of the saleable area.
(iv)Institutional/Public/ Maximum Ten per centum of the Semi-Public purpose...... saleable are:
Provided that a Municipality may, with the prior approval of the Government, vary the percentage of utilization specified above keeping in view the local requirements, demand survey, design population and PUNJAB GOVT. GAZ. (EXTRA), OCTOBER 26, 2021 (KRTK 4, 1943 SAKA) 2645 economics of the scheme.