Costs of Town Planning Scheme or Local Area Plan

Costs of Town Planning Scheme or Local Area Plan.-

1. (1) The costs of a Town Planning Scheme or as the case may be the Local Area Plan shall include-
   • (i) all sums payable by the appropriate authority under the provisions of this Act, which are not specifically excluded from the costs of the scheme or the Local Area Plan;
   • (ii) all sums spent or estimated to be spent by the appropriate authority in the making and execution of the scheme or the Local Area Plan: Provided that the estimates shall be with reference to the period during which, after the sanctioned of Preliminary Scheme under section 27 or the Local Area Plan under section 44, is to be implemented;
   • (iii) all sums payable as compensation for land earmarked or designated for any public purpose or for the purposes of the appropriate authority which is solely beneficial to the owners of land or residents within the area of the scheme or the Local Area Plan;
   • (iv) such portion of the sums payable as compensation for land earmarked or designated for any public purpose or for the purpose of the appropriate authority which is beneficial partly to the owners of land or residents within the area of the scheme or the Local Area Plan from such earmark or designation;
   • (v) all legal expenses incurred by the appropriate authority in the making and in the execution of the scheme or the Local Area Plan;
   • (vi) any amount by which the total amount of the values of the Original Plots exceeds the total amount of the values of the plots included in the Final Scheme or the Local Area Plan, each of such plots being estimated at the value prescribed under the Rules at the date of the declaration of intention to make a scheme or the Local Area Plan, with all the buildings and works thereon at the said date and without reference to improvements contemplated in the scheme or the Local Area Plan other than improvements due to alteration of its boundaries;
   • (vii) twenty percent of the amount of the cost of infrastructure provided in the area adjacent to the area of the scheme, or the Local Area Plan, as is necessary for the purpose of and incidental to the scheme or the Local Area Plan.
2. (2) If in any case the total amount of values of the plots included in the Final Scheme or as the case may be the Local Area Plan exceeds the total amount of the values of the Original Plots, each of such plots being estimated in the manner provided in clause
   • (vi) of sub-section (1), then the amount of such excess shall be deducted in arriving at the costs of the scheme or the Local Area Plan as defined in sub-section (1).