Pimpri Chinchwad Municipal Corporation: SVA GRIHA Incentives

GRIHA Incentives > Pimpri Chinchwad Municipal Corporation: SVA GRIHA Incentives

Maharashtra

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