New Towns Disposal of Land Regulations, 1992

Chapter I

1. Short Title extent and commencement:- (i) These Regulations will be called the New Towns Disposal of Land Regulations, 1992.

(ii) They shall apply to all lands of the Corporation.

(2) They shall come into force on the date of publication thereof in the Maharashtra Government Gazette.

Chapter II

2. Demarcation of Plot:- The Corporation shall divide the lands vested in it by the Government into disposable plots having regard to their size and use and shall demarcate them accordingly.

Chapter III

Conditions of Lease

1. Conditions of Lease

3. Conditions of Lease:- The Corporation may from time to time dispose plots of land only on lease on the following among other conditions:

(i) Term of Lease:- The lease shall be granted in consideration of premium or rent both premium and rent for a term not exceeding 60 years.

Provided that in special circumstances the term of the lease may be extended beyond 60 years but not beyond 99 years for reasons to be recorded in writing.

(ii) Payment of rents, taxes and other charges:- The lease shall during the continuance of the lease pay all, rates, taxes and other charges due and becoming due in respect of the demised land by the Corporation or lessee thereof.

(iii) Payment of land revenue:- The lessee shall during the continuance of the lease pay the land revenue and cesses assessed or which may be assessed on the demised land.*

* No. CIDCo/ADM/Land/AVR/930.

(iv) Recovery of premium or rent as land revenue:- Whenever any part of the premium or rent or service charges or any other sum due to the Corporation under the lease shall be in arrears it may be recovered as arrears of land revenue under the provisions of para 6 of the Schedule of the Maharashtra Regional and Town Planning Act, 1966 or any modification thereof.

(v)User land:- Every lease shall specify user of the demised land which shall be applied only to the specified user and to no other user.

(vi) To build according to the building regulations or municipal regulations or development control rules in force from time to time:- The lessee shall not at any time during the lease erect any building, erection or nature on any portion of the demised land except in accordance with the building regulations or development control rules framed by the Corporation from time to time.

(vii) Restrictions against Assignment:- The lease shall not sell, assign, mortgage, underlet or otherwise transfer wholly or partly the demised land or his interest therein or part wholly or partly with the possession of the demised land or permit any person to use wholly or partly the demised land (hereinafter referred to as transfer of the demised land") Provided that nothing contained herein shall apply if the lessee shall perform to the satisfaction of the Corporation the following conditions.

(A) Before transferring t h e demised land t he lessee shall pay to t h e Corporation one-half of the difference between the declared premium and the premium paid by the lessee to the Corporation, for obtaining the lease of the demised land, subject to a minimum of Rs. 2500.

(B) In the instrument by which the lessee shall transfer the demised land the lessee shall impose upon the person to whom the demised land is so transferred to perform and observe to the Corporation all the conditions and covenants of the lease granted to him, the lessee.

Explanation:- The declared premium shall mean the premium calculated at such rate or rates as may be determined by the Corporation in the months of January and July each year in respect of lands, buildings with reference t o the areas in which such lands/buildings are situated and displayed in the office of the Corporation.

Explanation:- (ii) Nothing contained herein shall apply to mortgage of the demised land or any part thereof to the Central Government a State Government, Nationalised Bank, the...

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