Akarma Turns Sakarma
a) If violation is 25%,Penalty will be 6% of the market value.
b) If violation exceeds 25% and within 50%, Then the penalty will be 8% of the market value.
c) The market value will be fixed in accordance with the karnataka Stamp act, 1957.
d) As for non- residential buildings the penalty will be 20% of market value, If the violations are within 25% within BBMP limits. If it exceeds then fine will be 35%.
e) The bill states that the violations should not be more than 25% in commercial buildings and in residential Buildings, It should not be more than 50%.
f) Guidance value of 6% will be imposed if the violations of any particular area are within 25%.
g) Guidance value of 8% will be imposed if the violations exceed the 25% limit.
h) As for commercial buildings in BBMP limits, If the violations are within 25%, Then the fine will be 20% of the guidance value.
i) If the violations exceed 25% then the fine will be 35% of guidance value.
The ordinance is awaiting the approval of Governor Of karnataka, which is yet to be done.