Bare ActsThe Odisha Development Authorities Act, 1982

Section 60

Costs of town planning schemes-(1) The costs ·of

Amendment status not verified — confirm the current text below against the official source.

Costs of town planning schemes-(1) The costs ·of.a town planning scheme shall include- (a) all sums payable by the Authority under the provisions of this Act which are not specifically excluded from the costs of the town planning scheme : ' s 62] (b) (c) 0 . Developme11t Au tho t· ri ies Act. 1982 233 all sums spent or estimated to be making and execution of the town Psi ent by the Authority in the ann1ng scheme all sums payable as compensation for la d · for any public purpose or for the Authorit~ w~~~~~ed or designated to the owne rs of land or residents with. th 15 solely beneficial planning scheme; in e area of the town (d) such P?rtion of the sums payable as compensation for 1 or designated for any public purpose or for th and reserved Authority which is beneficial partly to the owners ~f i u r~oses ?f the within the area of the town planning sch eme a:dn ortrles1dents I bl. · - par Y to the genera pu 1c as 1s attributable to the benefit accruing t h owners of land or resident, ~1 i thin the area of the town p la ~n~n e scheme from such reservation or designation: 9 (e) all legal ex_penses incurred by the Authority in· the making and in the execution of the town planning scheme : and (f) any amounts by which the aggregate of the values of the original plots exceeds the aggregate of the values of the final plots included in ~he fina l t~wn planning scheme, each of such plots being est1mate_d at_ its market value at the date of publication of the declaration, tn the Gazette, under Sub-section (2) of Section 23 with all the buildings and works thereon at the said date and without refe rence to improvements contemplated in the scheme other than improvements due to alteration of its boundaries (2) If in any case the aggregate of the value of the plots included in the final town planning scheme exceeds the aggregate of the values of the original plots, each of such plots being estimated in the manner provided in Clause (f) of Sub-section (1), then the amount of such excess shall be deducted in arriving at the costs of the scheme as defined in Sub-section (1 ).

Section 60 – The Odisha Development Authorities Act, 1982 | DailyLaw.ai