(1) The reserve price in respect of a residential plot, multistoreyed house/flat and institutional sites for allotment through draw of lots/ e-auction shall be the reserve sale price fixed as per rule 14.
2) The land for the institutional purposes except for charitable social institutions and for district level offices of the National and Regional Political Parties, shall be Allotted by e auction 3) The land for the charitable social institutions and for district level offices of the National and Regional Political Parties, shall be Allotted by the Municipality on the reserve sale price as specified in case of residential plots under rule 14.
Provided that where larger public interest of high importance is involved, the Municipality may, with the approval of the State Government, allot land on an amount lesser than the reserve sale price or free of cost, as the case may be:
Provided further that the land Allotted to any institution shall exclusively be used for the purpose for which it has been Allotted, failing which the allotment shall be deemed to have been cancelled for any violation in the land use.
(4) In case of a corner plot, an additional amount to the tune of ten per cent of the reserve sale price /bid amount shall be payable by the Allottee, as the case may be. However, this sub-rule is not applicable in case of property Allotted for institutional purposes and chunk sites.
(5) Each Allottee, shall be liable to pay cancer cess and other cesses, if any, as imposed by State Government from time to time.