section 62-C
Incentives to Developers.
The Jammu and Kashmir Municipal Act, 2000Infrastructure2000331 sections
Statutory text
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.
Study data processing for this section.
PDF: pending for this language.