Amendment status not verified — confirm the current text below against the official source.
The aforesaid charges are for maximum 50% excess of the permissible floor area ratio. Over and above 50% excess floor area ratio (maximum upto 75%), double the above charges shall be applicable. Note:- In case at any time any portion from the front setback, so compounded, is required for road widening or laying any other infrastructure by the Urban Local Bodies, no compensation for built- up shall be given to the owner. (C) If the building is constructed on site without taking any change of land use, then prior to compounding of building, change of land use charges are to be deposited as per current applicable rates, as amended from time to time. (D) The fee collected under this Act shall be deposited by Urban Local Bodies in a separate ESCROW account and the fee collected shall be used only for creating / upgrading parking and infrastructure only. (2) The applicant shall have to make structural changes in the building, if required, to fulfill the requirements of fire safety and parking within a period of two months from the date of submission of details PUNJAB GOVT. GAZ. (EXTRA), MARCH 6, 2019 (PHGN 15, 1940 SAKA) 30 in Form as specified in sub-section (2) of section 4 and shall also submit mandatory clearances from other departments, if required along with a certificate from the Structural Engineer that the building fulfills the structural safety requirements as per Bureau of Indian Standard norms. (3) The applicant applying for compounding of- (i) residential building having one basement or height upto 15 meters shall be required to submit structural safety certificate from Structural Engineer; (ii) non-residential building having one basement or height upto 15 meters shall be required to submit a structural safety certificate from one of the following institutes:- (a) Indian Institute of Technology; (b) Dr. B. R. Ambedkar National Institute of Technology, Jalandhar; (c) Punjab Engineering College (PEC), Chandigarh; (d) Thapar University, Patiala; (e) Guru Nanak Dev Engineering College, Ludhiana; and (f) Giani Zail Singh College of Engineering and Technology, Bathinda; and (iii) buildings having multiple basement or height more than 15 meters shall submit a structural safety certificate obtained from Indian Institute of Technology. (4) For violation of parking requirements, the competent authority, if deem fit, may on the request of an applicant or a group of applicants, permit either individually or collectively, an alternate parking site within the vicinity not exceeding a distance of 250 meters from the site under reference exclusively earmarking such parking spaces for the building under consideration, should such a parking space be provided in the vicinity, the said parking lots shall be either owned or in enjoyment under lease for a continuous period of not less than ten years. (5) In case the applicant does not provide parking area, the applicant shall pay parking cess equivalent to the prevailing collector rate of land required to fulfill the shortage of equivalent car space at the time of regularization of the building. PUNJAB GOVT. GAZ. (EXTRA), MARCH 6, 2019 (PHGN 15, 1940 SAKA) 31 (6) The owner shall be responsible for the building under application to be in conformity with the provisions of the Master Plan and this Act.