Increase in value and betterment charges

The increase in value on account of construction for such work shall be the amount by which the value of the land on the date of completion of the proposed work is likely to exceed or has exceeded the value of the land on the date of the commencement of the said work and the betterment charges shall be one half of such increase in value. Explanation:—For the purpose of this section, the State Government shall, by notification in the official Gazette, specify,— (a) the date of the commencement of the construction of any work, (b) the date of completion of such work.