In the last board meeting of Hidco, it was decided that non-residential plots which were lying unutilized for 5 years or more would have to pay late fees. This would be in addition to any other legal steps that might be taken. The amount would be 10% of the land cost paid for each year of delay.
Accordingly, a committee was formed to review the physical status of all such plots in New Town. This was headed by the Chief Architect of NKDA. Senior Architect of Hidco was the member-convener. They recently submitted a detailed report after field verification and photographing. According to it, in a majority of plots allotted in 2009 or earlier, construction / pre-construction activities have already started. However, there are a few plots where no activity has taken place even though the plots were handed over in 2009 or earlier. Sixteen such allottees have been identified in the first phase where late fees would be demanded without prejudice to other legal actions:
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