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Administrative Cost towards Land Purchase by Department

Land Reforms, 👁️ 153

Governor is pleased to fix the amount of administrative cost to be borne by the requiring departments towards direct purchase of land as follows:

Government of West Bengal
Land & Land Reforms Department
NABANNA, (6th Floor)
325, Sarat Chatterjee Road, ShibDur, Howrah-711 102

No. 251-LP/1A-03/14 Date: 20.01.16

MEMORANDUM

The direct purchase of land policy issued vide no. 3145-LP/1A-03/14 dated 24.11.2014, has a provision in para 3(vi) for payment of administrative cost to Zilla Parishad and/or Municipal Corporation, as the case may be, towards purchase of land by different requiring departments of the Government or its parastatales. After careful consideration of the proposals received from the District Magistrates and different departments to specify the administrative cost, the Governor is pleased to fix the amount of administrative cost to be borne by the requiring departments towards direct purchase of land as follows:-

Sl. No.Land cost including structuresAdministrative Cost
1.Upto Rs. 1 Crore2% on land cost subject to a minimum of Rs. 50,000/-.
2.Rs. 1 Crore to 5 CroreRs. 2 lakh or 1.5% of land cost, whichever is higher.
3.Rs. 5 crore to 10 CroreRs. 7.5 lakh or 1.25% of land cost, whichever is higher.
4.Rs. 10 Crore and aboveRs. 12.5 lakh or 1% of land cost, whichever is higher subject to maximum of Rs. 20 lakhs.

This has concurrence of the Finance Department vide U.O. No. T/2015-2016/0740 dated 21.12.2015.

By order of the Governor,

Sd/- Manoj Pant
LRC and Principal Secretary
to the Government of West Bengal

No. 251-LP dated 20.01.2016, Source