Pimpri Chinchwad Municipal Corporation: SVA GRIHA Incentives
GRIHA Incentives >
Pimpri Chinchwad Municipal Corporation: SVA GRIHA Incentives
Depending on the level of SVA GRIHA star rating, the developer can avail discount in the premium as mentioned in the table below:
Discount in premium for developers:
Points Scored | Rating | Discount in Premium |
25-30 | 1 star | 10% |
31-35 | 2 star | 20% |
36-40 | 3 star | 30% |
41-45 | 4 star | 40% |
46-50 | 5 star | 50% |
Discount in property tax for home owners: The SVA GRIHA linked property tax benefit is in addition to the existing discounts that are offered by the Municipal Corporation like the 10% discount to early tax payers and 10% discount for females. All residential buildings, commercial complexes, individual houses, bungalows which comply with the SVA GRIHA criteria shall be eligible for the rebates.
Points Scored | Rating | Discount in Property Tax |
25-30 | * | 5% |
31-35 | ** | 8% |
36-40 | *** | 10% |
41-45 | **** | 12% |
46-50 | ***** | 15% |
More details are available at: link