Navi Mumbai Municipal Corporation Letting Rates for built-up area for fixation of Rateable Value Residential (2015-16) Wards I. (a) A,B,C & D WARDS CIDCO DEVELOPED NODE Upto 20 sq. mtrs. for economically weaker section CIDCO built tenements other than EWS, EGS, MIG Row house (RH) type tenements Bunglows, and Co.op Hsg. Buildings Consisting of Row houses, Schools & College Buildings and other Charitable Institutions Buildings like Public Hospitals, sanatorium Medical/ Engineering/ Management Institutes Societies upto 7 floors Societies above 1000 sq.meteres Societies above 7 floors [b] A,B,C & D WARDS(VILLAGE AREA AND OLD GAOTHAN. RCC houses, houses swith tenements of different size and independent houses. (c) A,B,C & D WARDS G.E.S. RCC houses, Co-op Societies. (Upto 300 sq. meters) RCC houses, Co-op Societies. (Above 300 sq. meters) II. (a) E, F & G WARDS CIDCO DEVELOPED NODE upto 20 sq. mtrs. for economically weaker section CIDCO built tenements above 20 sq. mtrs. Row House type tenements Bunglows, and Co.op Hsg. Buildings Consisting of Row houses, Schools & College Buildings and other Charitable Institutions Buildings like Public Hospitals, sanatorium Medical/ Engineering/ Management Institutes Societies upto 7 floors Societies above 7 floors [b] E,F,G & H WARDS VILLAGE AREA AND OLD GAOTHAN. RCC houses Load Bearing houses Tiled Houses Bungalows/ Row Houses – RCC Kachha house (Hut) (c) E.F.G & H WARDS G.E.S. RCC houses, Co-op Societies. (Upto 300 sq. meters) RCC houses, Co-op Societies. (Above 300 sq. meters) Rate per sq. meter p.m 16.50 22.00 27.50 38.50 55.00 22.00 25.00 27.50 13.75 15.50 18.50 13.75 18.50 25.00 38.50 55.00 19.50 22.00 10.00 8.50 6.00 11.00 3.50 13.50 16.50 For Commercial Use:- (Rate Rs. Per sq. meter per month) (2015-16) Description CBD Nerul Vashi Turbhe Koper Khairne Ghansoli Airoli Digha 1) Shops on Internal Roads 2)Shops and small professional offices, Cold storages, Godown, Ware houses and bakery, Show room-cum-shops, lodges, private Nursing Houses, Coaching classes, Dispensary including Doctors consulting rooms etc. Hotels without bar 3) Bldg. Consisting of administrative offices departmental stores, hotels with bar, Restaurant etc., Exclusive Show rooms Non-schedule banks. 4) Scheduled & Nationalised Banks, star hotels & Large Adm. Offices of Pub. Sectors & large inds. 5) Service industries including timber depot, printing press, flour mills, workshops, etc. 6) G.E.S. Shops & workshops RCC Hotel & Bars RCC Banks 7)VILLAGES a) RCC Shops b) RCC Hotels & Bars c) RCC Banks d) RCC Workshops 60.50 60.50 60.50 60.50 55.00 50.00 55.00 38.50 71.50 71.50 71.50 71.50 61.50 55.00 60.50 33.00 82.50 77.00 77.00 77.00 71.50 66.00 71.50 55.00 132.50 132.50 132.50 132.50 126.50 110.00 112.00 110.00 60.50 60.50 60.50 60.50 55.00 44.00 49.50 33.00 49.50 60.50 82.50 49.50 60.50 82.50 49.50 60.50 82.50 49.50 60.50 82.50 44.00 49.50 71.50 44.00 44.00 71.50 44.00 49.50 71.50 44.00 44.00 71.50 38.50 38.50 38.50 38.50 38.50 33.00 38.50 33.00 49.50 49.50 49.50 49.50 38.50 38.50 38.50 33.00 77.00 38.50 77.00 38.50 77.00 38.50 77.00 38.50 66.00 33.00 60.50 27.50 66.00 33.00 60.50 27.50 NOTE: For non-RCC shops and Non-RCC hotels the rates will be 50% of the rates shown under category 7(a) and 6(b). For Foreign Banks & others than Nationalised Banks which is lease out RV will be fixed by adopting 2 times rate as well as 1.5 % more of the applicable rate mentioned under column 4. In case of properties along main roads and palm-beach road letting rate will be adopted 50% more of the normal applicable rate. In case of Co.op Hsg. Societies, Buildings above 5000 sq.meters with Luxurious amenities 1.5 times rate will be adopted of the normal applicable rate Poultry sheds @ Rs.15/- per sq. meter per month. Approved stalls in nodes constructed in CIDCO market: Rs.300/- p.m. for area upto 10 sq.mtrs. Rs.500/- p.m. for area above 10 sq.mtrs. Those residential tenements converted fully for commercial use are to be assessed two times of the residential letting rate. Plot of land & L.U.C. properties will be charged at residential rates. Letting rate for mezzanine floor will be 50% of the normal rate applicable to the premises in which mezzanine floor exists. In the case of addition to the existing buildings, rate adopted should be the average rate of original rate and present rate. While assessing the building the date of assessment would be the date of actual possession or the date of electric/Water connection, whichever is earlier instead of the date of occupancy or BCC. RATES FOR FACTORIES IN MIDC AREA :-` RCC- Factory & Cold storage Rs.72.00/-per sq.mtr.p.m. RCC/AC factory & cold storage Rs.61.00/-per sq.mtr.p.m. AC sheds (Non-RCC) Rs.50.00/-per sq.mtr.p.m. Lean Shed Rs.28.00/-per sq.mtr.p.m. Storage tanks Rs.28.00/- Assessor & Collector Navi Mumbai Municipal Corporation