I have a plot in Thirumullaivoyil village. For approval I was asked to pay Rs.1 lakh OSR. Is it normal?
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It is a 1800 sq.ft. land in Thirumullaivoyil village. When I approached for CMDA approval, apart from VLT I was asked to pay around Rs. 1 lakh towards OSR. Is it necessary that I have to pay OSR for such a small plot of land?
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Answer:
OSR is applicable only for unapproved layouts. OSR charges are equivalent to 10% of the guideline value of the property. If your property of 1800 Sq.ft is worth more than 10 lakhs, then the OSR charges of 1 lakh is correct.
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