1. SCHEME
In consonance with the objectives of National Housing Policy, the Authority shall reserve site in each Sector of Urban Estate for construction of multi-storeyed group housing flats. The chunk of sites so reserved shall be allotted to the eligible House Building Societies who apply under this scheme.
In case, two or more applications are received against a particular site and all such applicants are otherwise found eligible as per the conditions of this scheme, then successful applicant shall be decided on the basis of draw of lots.
A co-operative society means a society registered or deemed to be registered under The Punjab Co-Operative Societies Act, 1961.
2. No. of Sites
Following sites are available for allotment subject to fulfilment of eligibility criteria and approval of the Competent Authority on the recommendations of the Scrutiny committee as per advertisement published in leading dailies. The scheme shall close as and when offered sites are allotted to the prospective applicants/societies.
Group Housing Sites Details |
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|
Maximum |
|
|
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Sector |
Area in Acres. (Area as per |
Abutting |
FAR |
Ground |
Whether reserved or |
Amount |
88 |
Site-2 (9.25 acres.) |
170'-0'' |
1:3.0 |
30% |
General |
89.54 |
|
Site-3 (9.267 acres.) |
100'-0'' |
1:2.5 |
30% |
Reserved for Societies of Govt. employees etc. |
84.50 |
|
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66 |
4.00 acres. |
80'-0" |
1:2.0 |
30% |
General |
66.63 |
|
4.38 acres. |
130'-0" |
1:2.5 |
30% |
Reserved for societies of Govt. |
76.89 |
|
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Ecocity |
G.H.-1 (2.50 acres) |
164'-0'' |
1:3.0 |
30% |
General |
25.41 |
|
G.H. -2 (2.50 acres) |
164'-0'' |
1:3.0 |
30% |
General |
25.41 |
|
G.H. -3 (2.50 acres) |
164'-0'' |
1:3.0 |
30% |
Reserved for societies of Defence personnel including ex Service Man |
25.41 |
For Example:
Example:-1
Rates for lesser FAR of 1:2.5
Basic FAR 1:3
If 0.5 FAR is less admissible, the formula is
Prevailing rate x 0.5 x 35% (additional FAR above 2 is charged at 35% rate)
3
Example:-2
Rates for lesser FAR of 1:2
Basic FAR 1:3
If 1 FAR is less admissible, the formula is
Prevailing rate x 1 x 35%
3
3. Reservation:-
Subject to the other provisions of the scheme, site may be allotted in Urban Estate for the area earmarked for group housing societies subject to reservation of the sites for the following categories.
4. Eligibility Conditions For Making Applications:-
5. Mode Of Inviting Applications:-
For the purpose of allotting site under this scheme, the applications shall be invited through open advertisement from the eligible housing building societies on a prescribed application form and demand draft of non-refundable application money given below in favour of Chief Administrator, GMADA alongwith necessary documents to the Estate Officer(plots), GMADA. :-
Sr. No. |
Area of Site |
Application Money |
1 |
Upto 5 acre |
Rs. 2,00,000/- |
2 |
5 acres and above |
Rs. 3,00,000/- |
The application forms along with brochure shall be available on the website i.e. www.gmada.gov.in of the Authority, which can be downloaded by the prospective applicant.
A society can apply for more than one site. In that case application money will be charged with each application form.
6. Selection Criteria:-
Applications received by 20th of every month shall be scrutinized by the Committee consisting of the following members:-
1. Addl. Chief Administrator, |
Chairman |
2. Senior Town planner, GMADA or |
Member |
3. Senior Architect, GMADA |
Member |
4. Chief Accounts Officer, GMADA |
Member |
5. Estate Officer(plots), GMADA |
Member Secy. |
Scrutiny Committee shall examine each and every application to determine the eligibility & assessment of financial position of the applicant. The broad criteria for determining the eligibility will be as under:-
7. Issue of Letter of Intent:-
After scrutiny of the requisite documents and the decisions regarding allotment of site, a letter of intent in prescribed form shall be issued by the Authority requiring the society to complete the requisite formalities and deposit the amount equal to 15% of the total cost of the site/Land within 30
days of the issue of the letter of intent alongwith 2% of the total amount of the site as "Cancer and Drug Addiction Treatment Infrastructure Fund". In case of failure to deposit/complete the said amount/documents within 30 days, Letter of Intent is liable to be cancelled. However, this period can be extended up-to another 60 days (i.e. total 90 days) on making a written request within 30 days from the date of issuance of LOI. However, Surcharge shall be charged @1.5 of the amount to be deposited for the delayed period. In addition, penal interest @15% shall also be charged for the delayed period. Even then, if the amount is not deposited or documents are not completed within the period i.e. total of 90 days from the date of issue of the L.O.I., the said letter of intent shall be treated as withdrawn/cancelled.
8. Issue of Allotment Letter:-
After determining the eligibility of the societies on receipt of 15% amount of site and completion of required documents and necessary formalities, allotment letter indicating detailed terms and conditions of allotment will be issued.
9. Mode of Payment:-
The balance 85% of the cost of site will be payable in five equated annual instalments along-with interest at 12% per annum. The society shall have the option of making payment of balance amount in lump-sum within 60 days from the date of issue of allotment letter, a rebate of 5% on the balance amount shall be admissible.
10. Handing Over Possession:-
Physical possession of the site shall be handed over within 90 days from the date of issuance of letter of intent provided 15% amount as indicated in the LOI is received. In case the society fails to take possession of the site within the stipulated period, it shall be deemed to have been handed over on the due date.
11. Norms of Development of Group Housing Schemes.
Construction/Development of the said sites shall be made as per the provisions of Punjab Urban Planning and Development Authority, Building Rules, 2013 issued by the Government of Punjab vide Notification No.GSR54/P.A.11/1995/Ss.43 and 180/2013, dated 25th October, 2013, other prevailing norms/rules/ guidelines/Acts and the amendments, if any made therein from time to time.
12. Submission of Building Plans:-
The Society shall be required to submit building plans as per the Punjab Urban Planning and Development Authority Building Rules, 2013 and amended from time to time within three months of the issue of allotment letter. In normal circumstances Authority shall take 90 days to approve the building plans. In case the total time taken by the Authority exceeds 90 days, corresponding allowance will be given in calculating the time for completion.
13. Construction of Flats:-
The society shall have to complete the construction of flats within five years from the date of possession of the site. However, if the society fails to do so, under exceptional circumstance, an extension on the request of the society, shall be be allowed on payment of extension fee as prescribed in Punjab Regional and Town Planning and Development (General) Amendment Rules, 2010 and amended from time to time.
14. Completion of the Project:-
Completion means construction of all the dwelling units which are shown in the plan submitted by the allottee for approval of the Authority.
15. Inspection By Authority Officials:-
The allottee will permit the Authority functionaries to inspect any or all works connected with the execution of the project for ensuring that all terms and conditions proposed by the Authority at the time of allotment are being observed and that the development is being done strictly in accordance with the approved plans and the quality of works conforms to generally accepted minimum specifications for such projects.
16. Transfer of Membership:-
The society shall submit the list of its members to GMADA before the issue of allotment letter of site for Group Housing and the society will allot the dwelling units only to such members, whose names are mentioned in the said list. The Society shall not alter the membership except in accordance with the provisions of Punjab Co-operative Societies Act, 1961 and with the prior approval of Estate Officer, GMADA.
17. Permission to Mortgage:-
To the extent possible the Authority shall arrange to permit mortgage/hypothecation of the site/structure so that society can obtain house building loan from recognized institutions on the condition that the Authority will retain first charge on the assets towards unpaid portion of site price and other charges due to it.
18. Arbitration:-
All disputes and differences between the allottee and Authority arising out of or in any way touching or concerning the allotment or execution of the project shall be referred to the sole arbitration of the Chief administrator, GMADA or any other officer appointed by him. The decision of such arbitrator shall be final and binding on all allottees.
19. Violation of Terms and Conditions:-
If the allottee commits any breach of the terms and conditions of the allotment or violates any of the provisions of Act/Rules or fails to comply with any directions given by the Chief Administrator, GMADA or any other officer appointed by him, under the terms of allotment, the Chief administrator, GMADA or any other officer appointed by him, may further direct the allottee to immediately rectify or amend the default within a reasonable time. If the Chief Administrator, GMADA or the officer so appointed by him feels that the allottees has failed to comply with his directions or he cannot or will not comply with such direction, appropriate action under rules shall be taken.
Yours faithfully
(Signatures)
(Name in Capital letters)
Note: