11 Development Charges & Appeal · 11.1 Development charges

11.1.5 Development charge numericals: land, building, combined use, interest and penalty

Development charge sums need only three things — the area, the ASR rate of developed land per sq m, and the Second Schedule percentage (0.5% land, 2% building, ×1.5 industrial, ×2 commercial) — and interest, refund and penalty questions use 12% simple interest (18% before Mah. 44 of 2025) and the s.124K fine limits.

  • MPSC ATP
  • Standard level
  • 7 min read
  • Full course

Key terms

  • development charge calculation
  • ASR rate
  • ready reckoner
  • 0.5 per cent
  • 2 per cent
  • industrial 1.5 times
  • commercial 2 times
  • combined land and building
  • Vital Urban Transport Project
  • 12 per cent interest
  • 18 per cent before 2025
  • section 124I refund
  • section 124K fine
  • Heritage Conservation Fund

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

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