Jameel replied on Wednesday, May 30, 2012 07:28 PM
That is a new issue and is escalating with time, for last many years regulated societies were issuing no construction charges after possession is available, Usually it used to start 3 years after possession and was nominal, even DHA had been charging few thousands a year for Kanal plot. A new tradition is set by Bahria where these charges were increased out of proportion and I roughly remember a figure of 1.5 Lac per year if no construction is done after a certain period, DHA also stepped up and 3 years back for phase 1 to 3 , 55000 per kanal was imposed, [but remember that DHA imposed it after 30 ys of actual possession of DHA 1] now recently they increased for phase 4 where possession is available for about 13 to 15 years. LDA still is charging few thousands a year but there is no peace of mind .
Now hearing about Central park where actual population will not be seen earlier than 10 years, I think it is unjustified to impose these charges from the day of possession. I am afraid if you keep these plots about 20 years then not less than 1/3 of market price will be due as no construction penalty.[i am also taking into account future hike in such fine]
In past many societies were also giving discount on such charges but now every one is charging full amount. |
