## Policy Analysis Report: Mumbai Port Trust - Schedule of Rates (SOR) and Rent Compensation Revision
**1. Executive Summary:**
This report analyzes a notification from the Tariff Authority for Major Ports (TAMP) regarding the fixation of Schedule of Rates (SOR) and revision of rent compensation for Mumbai Port Trust (MBPT) land. The policy establishes revised rental rates for land leased out by MBPT for non-home occupations, covering the periods of 01.10.2012 to 30.09.2017 and 01.10.2017 to 30.09.2022. Key findings include specific rental rates per square meter for various Ready Reckoner (RR) Zones within Mumbai, along with applicable conditions and caveats regarding rate increases, tax implications, and payment deadlines. This revision directly impacts tenants, lessees, and licensees utilizing MBPT land for non-residential purposes.
**2. Introduction:**
The purpose of this report is to provide an informative analysis of the Tariff Authority for Major Ports' notification concerning the fixation of Schedule of Rates (SOR) and the revision of rent compensation for land under the jurisdiction of the Mumbai Port Trust (MBPT). This analysis is based solely on the text provided.
**3. Policy Overview:**
This is a revision/update to existing policies related to land leasing and rental rates within the Mumbai Port Trust area. The core objective, as inferred from the text, is to establish and implement a structured Schedule of Rates (SOR) for rent compensation for MBPT land leased for non-home (non-residential) occupations, based on Ready Reckoner (RR) Zones, for the periods spanning from 01.10.2012 to 30.09.2017 and 01.10.2017 to 30.09.2022.
**4. Background and Rationale:**
The text suggests that the revision is based on the amended Land Policy Guidelines, 2015. The likely reason for this specific revision is to update rental rates to reflect current market values as determined by Ready Reckoner Zones and to standardize the process for determining rent compensation, potentially addressing inconsistencies or outdated rates in previous policies. The text also explicitly mentions consultations with tenants and lessees, suggesting a need to address their concerns regarding rental costs.
**5. Key Provisions / Changes:**
This is an amendment to existing land leasing rate policies. The key changes introduced by the provided amendment text include:
* **Specific Rental Rates:** The amendment establishes specific rental rates (per sqm per month) for non-home occupations across various RR Zones for two distinct periods: 01.10.2012 to 30.09.2017 and 01.10.2017 to 30.09.2022. A clear list of these rates for particular zones is provided, and they differ for the two distinct periods.
* **Rate Escalation:** The lease rent is subject to a 4% annual increase, effective from October 1, 2013, for the initial period and October 1, 2018, for the second period.
* **Rate Validity:** The rates remain in force for a period of five years from their respective start dates.
* **FSI Applicability:** The actual rent is determined by the base rent and factors recommended by a committee for FSI (Floor Space Index) applicability.
* **Additional Charges:** Special Way Leave charges are calculated based on these rates, according to MBPT regulations. Taxes, service charges, penalties, and interest rates are excluded. Water bodies are allotted at 50% of the SOR rates.
* **Arrears Calculation:** Differential arrears, liabilities, and other dues are calculated based on these new rates for both periods.
* **Billing of Cesses:** Applicable Municipal Corporation of Greater Mumbai (MCGM) cesses will be billed separately for monthly tenants and licenses less than 1 year.
* **Exemptions:** The rates are not applicable to occupations given on nominal rents to public bodies and for public amenities.
* **Payment Terms:** Rent compensation/license fee must be paid by the 15th of each succeeding month.
These changes introduce a transparent and structured approach to determining and escalating rental rates for MBPT land. The previous policy, not provided, may have lacked such a detailed schedule or clear guidelines for rate adjustments. This amendment provides specifics.
**6. Target Audience and Stakeholders:**
Based on the text, the primary target audience and stakeholders are:
* Tenants, lessees, and licensees occupying MBPT land for non-home occupations (commercial, industrial, etc.).
* The Mumbai Port Trust (MBPT) itself.
* The Tariff Authority for Major Ports (TAMP).
* The Municipal Corporation of Greater Mumbai (MCGM), due to the mention of cesses.
**7. Implementation Aspects (Inferred):**
* **Responsible Agency/Bodies:** The Mumbai Port Trust (MBPT) is responsible for implementing the revised rates. The Tariff Authority for Major Ports (TAMP) is responsible for overseeing and approving these changes.
* **Timelines/Procedures:** The policy specifies two distinct periods for the revised rates (01.10.2012 to 30.09.2017 and 01.10.2017 to 30.09.2022). It also specifies that the lease rent is subject to an increase 4 p.a. and that first such increase shall be effective from 01 October 2013 and 01 October 2018 respectively. It also stipulates monthly payment deadlines. A committee will be formed to determine FSI applicability.
* **Specific to Amendments:** The MBPT needs to communicate these revised rates to all affected tenants/lessees and adjust billing accordingly. They will also need to establish the committee for determining FSI applicability.
**8. Expected Outcomes / Impact of Changes:**
The likely intended outcomes of these specific changes are:
* **Increased Revenue:** MBPT likely expects increased revenue from land leases due to updated rental rates and the annual escalation clause.
* **Standardized Rent Compensation:** The amendment aims to standardize rent compensation based on RR Zones, leading to a more transparent and predictable system.
* **Fairness and Transparency:** By consulting with stakeholders and providing a detailed schedule of rates, the amendment attempts to create a fairer and more transparent system, potentially reducing disputes.
* **Compliance:** The defined payment terms and penalties are likely intended to improve compliance and reduce payment delays.
**9. Conclusion:**
The Tariff Authority for Major Ports' notification regarding the fixation of Schedule of Rates (SOR) and rent compensation revision for Mumbai Port Trust (MBPT) land represents a significant update to land leasing policies. The changes introduce specific rental rates, escalation clauses, and implementation guidelines for non-home occupations across various RR Zones. The policy is significant as it aims to streamline rent compensation, increase revenue for MBPT, and create a fairer and more transparent system for all stakeholders. The revised rates and associated conditions will directly impact tenants, lessees, and licensees utilizing MBPT land, necessitating careful review and compliance with the new provisions.
Key Entities Referenced
Tariff Authority for Major Ports: An authority responsible for tariff regulations at major ports.
Major Port Trusts Act, 1963: The legal act under which the Tariff Authority for Major Ports derives its powers; specifically, Section 49.
Mumbai: City in Maharashtra, location where the notification was issued.
Mumbai Port Trust (MBPT): The port authority that submitted the proposal for fixation of Schedule of Rates (SOR) and revision of rent compensation.
Schedule of Rates (SOR): A schedule that determines the rates and rent compensation for land use.
Land Policy Guidelines, 2015: Guidelines upon which the MBPT proposal is based.
T.S. Balasubramanian: Member Finance of QUORUM.
Sunil Kumar Singh: Member Economic of QUORUM
East Rafi Ahmad Kidwai Marg: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
T.Jeevraj Road: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
P.Sawant Chowk: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Acharya Daunde MargKing Edward Road: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Sewri Cross Road: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Khamballa Hill: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Javji Dadaji Marg: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Tardeo Road: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Nana Chowk: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Haji Ali Chowk: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
August Kranti Marg: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Shivdas champsi Marg: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Dr. Mascrenas Road: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Sant Savtamali Marg: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Jijabhai Mulji Rathod Marg: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
P.DMello Road: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Pandita Ramabai Marg: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Navy Nagar: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Dr. Homi Bhabha Road: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Tata Institute of Fundamental Research: An institute in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Colaba Point: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Sasmira Road: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Worli Gaothan: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Lokmanya Tilak Marg: A road in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Phule Market: A market in Mumbai, Maharashtra, used for Ready Reckoner Zone description
P.DMello Chowk: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Anik: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Salt Pan: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Matunga: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
ParelSewree: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Worli: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Malbar Hill: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Colaba: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
Karanja: A location in Mumbai, Maharashtra, used for Ready Reckoner Zone description
रजजस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-एम.एच.-अ.-16112021-231160
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CG-MH-E-16112021-231160
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असाधारण
EXTRAORDINARY
भाग III—खण् ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 559] नई कदल्ली, िुक्रवार, नवम्ब र 12, 2021/कार्थतक 21, 1943
No. 559] NEW DELHI, FRIDAY, NOVEMBER 12, 2021/KARTIKA 21, 1943
महापत्तन प्रिल्ु क प्राजधकरण
अजधसचू ना
मुंबई, 2 नवम् बर, 2021
स.ं टीएएमपी/60/2021-एमबीपीटी.—महापत्तन न्यास अजधजनयम, 1963 (1963 का 38) की धारा 49 के तहत
प्रदत् त िजियों का प्रयोग करते हुए, महापत्तन प्रिुल् क प्राजधकरण, एतद्द्वारा, जवजभन्न रेडी रेकनर जोन्स के अंतगगत आने वाल े
आवासीय और जमजित अजधग्रहण/व्यवसायों हते ु 01.10.2012 स े 30.09.2017 की अवजध के जलए (12 जोन्स) और
01.10.2017 स े 30.09.2022 तक की अवजध के जलए(9 जोन्स) भूजम ककराए पर देने के जलए दरों की अनुसूची के
जनधागरण एव ं ककराया/मुआवजा म ें संिोधन के जलए मुंबई पोट ग रस्ट्ट (एमबीपीटी) स े प्राप्त प्रस्ट्ताव सलं ग्न आदेिानुसार का
जनपटान करता ह।ै
महापत्तन प्रिल्ु क प्राजधकरण
मामला सख्ं य ा टीएएमपी/60/2021-एबीपीटी
मुम्बई पत्तन न् यास - - - आवेदक
कोरम
(i). िी टी.एस.बालसुब्रमजनयन, सदस्ट्य (जवत्त )
(ii). िी सुनील कुमार ससह, सदस्ट्य (आर्थथक )
आदेि
(नवंबर 2021 के 1 वें कदन पाररत)
6573 GI/2021 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
यह मामला मुंबई पत्तन न्यास (एमबीपीटी) स े प्राप्त एक प्रस्ट्ताव स े संबंजधत ह,ै जो मुंबई पत्तन न्यास (एमबीपीटी)
से उनके कदनांक 13 अक्टूबर 2021 के पत्र के तहत जवजभन्न रेडी रेकनर जोन के अंतगतग आने वाली भूजम को
01.10.2012 स े 30.09.2017 की अवजध के जलए (12 क्षत्रे ों) और 01.10.2017 स े 30.09.2022 तक की अवजध के
जलए(9 जोन्स) ककराय े पर देने के जलए दरों की अनुसूची के जनधागरण एव ं ककराया/मुआवजा म ें संिोधन के जलए प्राप्त हुआ
ह।ै
2. एमबीपीटी का प्रस्ट्ताव संिोजधत भूजम नीजत कदिाजनदेि, 2015 पर आधाररत ह।ै प्रस्ट्ताव पर संबंजधत
उपयोगकतागओं/ककरायेदारों/पट्टेदारों स े परामि ग ककया गया था। ककरायेदारों/पट्टेदारों स े कई रटप्पजणयां प्राप्त हुई थीं।
एमबीपीटी ने ककरायेदारों/पट्टेदारों की रटप्पजणयों का जवाब कदया ह।ै
3. मामले पर प्रकक्रयात् मक कारगवाई के दौरान एकत्र की गई समग्र जानकारी और सामूजहक सोच जवचार के आधार
पर, प्राजधकरण द्वारा एमबीपीटी की दरों की अनुसूची के जनधागरण और ककराए/मआु वजे म ें संिोधन के जलए एमबीपीटी
द्वारा दायर प्रस्ट्ताव का जनपटान करते हुए जवजभन्न रेडी रेकनर जोन के अतं गतग आने वाली भूजम 01.10.2012 स े
30.09.2017 की अवजध के जलए (12 क्षेत्रों) और 01.10.2017 स े 30.09.2022 तक की अवजध के जलए(9 जोन्स)
ककराये पर दने े के जलए दरों की अनुसूची के जनधागरण एव ं ककराया/मुआवजा म ें संिोधन के जलए एक स्ट् पष्ट आदेि पाररत
ककया गया ह।ै
4. यह प्राजधकरण, एमबीपीटी के जवजभन्न आरआर जोनों के तहत आने वाली भूजम के जलए पट्टा ककराया जनधागररत
करते हुए, 12 आरआर जोन्स के संबंध म ें 01.10.2012 स े 30.09.2017 की अवजध के जलए लीज रेंटल और गैर-घरेल ू
व्यवसाय के जलए 9 आरआर जोन्स के जलए 01.10.2017 स े 30.09.2022 की अवजध के जलए जनम्नजलजखत ककराया
अनुसूची चाहता ह:ै
“(क) गैर-घरेल ू व्यवसायों के जलए 01.10.2012 स े 30.09.2017 की अवजध के जलए दरों की अनुसूची
क्रम आर आर रेडी रेकनर के अनसु ार जववरण एफएसआई 1.00 के जलए प्रजत वगमग ीटर
यजू नट
स.ं जोन प्रजत माह ककराया (रू.)
पूवी रफी अहमद ककदवई मागग पर, पजिम
टी.जीवराज रोड पर पी.सावंत चौक तक,
1 11/84क 2 200.00
उत्तर आचायग दौंडे मागग (ककग एडवडग रोड)
पर समस्ट्त भूजम का जत्रकोणीय भाग।
रफी अहमद ककदवई मागग और हाबगर रेलवे
2 11/84ख 2 241.00
लाइन, जमीन की संकरी पट्टी वाला जहस्ट्सा
ईस्ट्ट हाबगर रेलवे लाइन और वेस्ट्ट सेवरी
3 11/84ङ 2 291.00
क्रॉस रोड के बीच का भाग
पजिम की ओर खंबल्ला पहाडी के मध्य भाग
में पूवग की ओर जावजी दादाजी माग ग
(तारदवे रोड) पर नाना चौक से उत्तर हाजी
4 7/64 12 655.00
अली चौक पर हाजी अली चौक और दजक्षण
अगस्ट्त क्रांजत मागग पर खडी ढलान ह।ै इन
सडकों से जघरा सभी भाग।
पजिम जिवदास चंपसी मागग और डॉ.
मस्ट्करेनास रोड पर, पूवग बीपीटी रेलवे लाइन
5 10/78क 8 पर, उत्तर संत सावतमाली मागग पर और 175.00
दजक्षण जीजाभाई मूलजी राठौड मागग पर।
सारा जहस्ट्सा जघरा हुआ ह।ै
6 3/35ख 9 पी.डी'मेलो रोड 233.00
उत्तर अगस्ट्त क्रांजत मागग और पंजडता
7 7/66 12 1206.00
रमाबाई मागग पर पजिम, दजक्षण और पूवग[भाग III—खण् ड 4] भारत का राजपत्र : असाधारण 3
मंडल की सीमा। सारा जहस्ट्सा जघरा हुआ ह।ै
डॉ होमी भाभा रोड के दजक्षण की ओर
ओनावी नगर भाग और कोलाबा भाग
8. 1/4 14 339.00
नौसेना नगर, टाटा मूलभूत अनुसंधान
संस्ट्थान और कोलाबा पॉइंट
पजिम सस्ट्मीरा रोड की ओर, पूवग और
9. 13/97 13 दजक्षण वाडग की सीमा पर और उत्तर वली 322.00
गौठान सीमा पर
जोन संख्या 15/105ए . को छोडकर साल्ट
10 15/105 1 170.00
पैन जडवीजन की सभी संपजत्तयां
कस्ट्टम लोकमान्य जतलक मागग, फुले माकेट से
11. 2/34 308.00
प्रजतबंजधत पी.डी'मेलो चौक तक का जहस्ट्सा
क्षेत्र को
छोडकर पीडी मेलो रोड के पूवग की ओर लोकमान्य
केवल जतलक मागग
12. 3/36क 293.00
टाऊनजिप
क्षेत्र
नोट :
1. लीज ककराया @ 4% वार्थिक वृजि के अध् यधीन ह ै और ऐसी पहली वृजि 01 अक्टूबर 2013 स े प्रभावी
होगी।
2. उस पर लीज ककराया पांच साल की अवजध के जलए लागू रह सकता ह।ै
3. ककराए की वास्ट्तजवक मात्रा की गणना, एफएसआई की प्रयोज्यता के उद्देश्य स े जनयुि सजमजत द्वारा
जसफाररि के अनुसार आधारभतू ककराए और कारक के आधार पर की जाएगी।
4. स्ट्पेिल वे लीव प्रभार एमबीपीटी जवजनयमों के अनुसार उपयिुग दरों के आधार पर गजणत ककए जाते ह ैं।
5. उपरोि दरों म ेंकर, सेवा िुल्क, अथगदडं , ब्याज-दरें िाजमल नहीं ह।ैं
6. जल जनकायों के आवंटन की दर, एसओआर दरों के 50% पर लागू होगी ।
7. कदनांक 01.10.2012 स े 30.09.2017 तक की अवजध के जलए बकाया-अंतर (जडफरेंजियल एररयर),
देनदाररयों और अन्य दये राजियों/प्रभारों की गणना उपरोि दरों के आधार पर की गई ह।ै
8. माजसक ककराएदारी और लाईससें धारकों के एक वि ग से कम समय के जलए लागू एमसीजीएम उपकर का जबल
एसओआर की दरों से अलग बनाया जाएगा।
9. ये दरें सावगजजनक जनकायों और सावगजजनक सुजवधाओं के जलए नाममात्र के ककराए पर कदए गए
अजधग्रहणों/व्यवसायों के जलए लाग ू नहीं ह।ैं
10. बोडग की नीजत के अनुसार समय-समय पर अनुमेय स ेअजधक अवजध के जलए ब्याज प्रभायग होगा।
11. ककरायेदारों/पट्टेदारों/लाइसेंसधाररयों/रहन े वालों को एक महीन े के माह के ककराए/मआु वजे/लाइसेंस िुल्क की
मांग सूचना जमलने या नहीं जमलन े पर भी, आगामी माह के 15 वें कदन या उससे पहले भगु तान करना होगा।4 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
ख. गरै -घरेल ुअजधग्रहणों/व्यवसाय के जलए 01.10.2017 स े 30.09.2022 की अवजध के जलए दरों की अनसु चू ी।
क्रम रेडी रेकनर के अनसु ार एफएसआई 1.00 के जलए प्रजत वगमग ीटर प्रजत माह ककराया
आर आर जोन यजू नट
स.ं जववरण (रू.)
1 96/436 1 अजनक 269.00
2 15/105 1 नमक पान 269.00
3 16/110 1 माटुंगा 578.00
4 11/84ई 2 परेल-सीवरी 857.00
5 13/97 14 वली 568.00
6 7/64 12 मालाबार जहल 1288.00
7 7/66 12 मालाबार जहल 1691.00
8 1/6 12 कोलाबास 1658.00
9 करंज 12 करंज 57.00
नोट :
1. लीज ककराया @ 4% वार्थिक वृजि के अध् यधीन ह ैऔर ऐसी पहली वृजि 01 अक्त ूबर 2018 स े प्रभावी होगी।
2. उस पर लीज ककराया पांच साल की अवजध के जलए लागू रह सकता ह।ै
3. ककराए की वास्ट्तजवक मात्रा की गणना, न् यनू तम एफएसआई के अध् यधीन वास्ट्त जवक जनर्थमत क्षत्रे के आधार
पर गजणत की जाएगी।
4. स्ट्पेिल वे लीव प्रभा एमबीपीटी जवजनयमों के अनुसार उपयिुग दरों के आधार पर गजणत ककए जाते ह।ैं
5. उपरोि दरों म ेंकर, सेवा िुल्क, अथगदडं , ब्याज-दरें िाजमल नहीं ह।ैं
6. जल जनकायों के आवंटन की दर, एसओआर दरों के 50% पर लागू होगी ।
7. कदनांक 01.10.2012 स े 30.09.2017 तक की अवजध के जलए बकाया-अंतर (जडफरेंजियल एररयर),
देनदाररयों और अन्य दये राजियों/प्रभारों की गणना उपरोि दरों के आधार पर की गई ह।ै
8. माजसक ककराएदारी और लाईसेंसधारकों के एक विग स े कम समय के जलए लाग ू एमसीजीएम उपकर का जबल
एसओआर की दरों स ेअलावा अलग बनाया जाएगा।
9. ये दरें सावगजजनक जनकायों और सावगजजनक सुजवधाओं के जलए नाममात्र के ककराए पर कदए गए अजधग्रहणों/
व्यवसायों के जलए लागू नहीं ह।ैं
10. बोडग की नीजत के अनुसार समय-समय पर अनुमेय स ेअजधक अवजध के जलए ब्याज प्रभाय ग होगा।
11. ककरायेदारों/पट्टेदारों/लाइसेंसधाररयों/रहन े वालों को एक महीने के माह के ककराए/मुआवज/ेलाइसेंस िुल्क की
मांग सूचना जमलने या नहीं जमलन े पर भी, आगामी माह के 15 वें कदन या उससे पहले भगु तान करना होगा। ”
5. इस प्राजधकरण द्वारा पाररत स्ट्प ष्ट आदेि (स्ट्पीककग ऑडगर) अलग स े सूजचत ककया जाएगा और एमबीपीटी और
संबंजधत ककरायेदारों/पट्टेदारों को समय पर सूजचत कर कदया जाएगा।
टी.एस. बालसुब्रमजनयन, सदस्ट् य (जवत्त)
[जवज्ञापन-III/4/असा./421/2021-22][भाग III—खण् ड 4] भारत का राजपत्र : असाधारण 5
TARIFF AUTHORITY FOR MAJOR PORTS
NOTIFICATION
Mumbai, the 2nd November 2021
No. TAMP/60/2021-MBPT.—In exercise of the powers conferred by Section 49 of the Major Port
Trusts Act, 1963 (38 of 1963), the Tariff Authority for Major Ports hereby disposes of the proposal
received from Mumbai Port Trust (MBPT) for fixation of Schedule of Rates (SOR) and revision of rent /
compensation for the period 01.10.2012 to 30.09.2017 (12 Zones) and 01.10.2017 to 30.09.2022 (09
Zones) for let out land falling under various Ready Reckoner Zones, as in the Order appended hereto.
Tariff Authority for Major Ports
Case No. TAMP/60/2021-MBPT
Mumbai Port Trust - - - Applicant
QUORUM
(i). Shri. T.S. Balasubramanian, Member (Finance)
(ii). Shri. Sunil Kumar Singh, Member (Economic)
ORDER
(Passed on this 01st day of November 2021)
This case relates to a proposal received from Mumbai Port Trust (MBPT) vide its letter dated 13
October 2021 received from the Mumbai Port Trust (MBPT) for fixation of Schedule of Rates (SOR) and
revision of rent / compensation for the period 01.10.2012 to 30.09.2017 (12 Zones) and 01.10.2017 to
30.09.2022 (09 Zones) for let out land falling under various Ready Reckoner Zones.
2. The proposal of MBPT is based on the amended Land Policy Guidelines, 2015. The proposal
was taken on consultation with the relevant users/ tenants/ lessees. Many comments were received from the
tenants/ lessees. The MBPT has responded to the comments of the tenants/ lessees.
3. With reference to the totality of information collected during the processing of the case and
based on a collective application of mind, this Authority has passed a speaking Order disposing of the
proposal filed by the MBPT for fixation of Schedule of Rates (SOR) and revision of rent / compensation
for the period 01.10.2012 to 30.09.2017 (12 Zones) and 01.10.2017 to 30.09.2022 (09 Zones) for let out
land falling under various Ready Reckoner Zones.
4. This Authority desires that the following Rent Schedule for MBPT prescribing Lease rentals
Lease rentals in respect of 12 RR Zones for the period 01.10.2012 to 30.09.2017 and 9 RR Zones for the
period 01.10.2017 to 30.09.2022 for let out land falling for non home occupation under various RR Zones:
“
A. Schedule of Rates for the period from 01.10.2012 to 30.09.2017 for Non-Home Occupations
Rentals per sqm per
Sr. RR
Unit Description as per Ready Reckoner month for FSI 1.00
No. Zone
(`.)
On East Rafi Ahmad Kidwai Marg, on West T.Jeevraj 200.00
1 11/84A 2 Road upto P.Sawant Chowk on North Acharya Daunde
Marg(King Edward Road) trangular portion of all the land.6 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
Rafi Ahmed Kidwai Marg and Harbour railway line, 241.00
2 11/84B 2
narrow strip portion of land
Portion in between on East Harbour Railway line and on 291.00
3 11/84E 2
West Sewri Cross Road
On west side Central Portion of Khamballa Hill having 655.00
vertical slope on East side Javji Dadaji Marg (Tardeo
4 7/64 12 Road) from Nana Chowk to Haji Ali Chowk on North Haji
Ali Chowk and on South August Kranti Marg. All Portion
surrounded by these Roads.
On West Shivdas champsi Marg and Dr. Mascrenas Road, 175.00
on East BPT Railway line, on North Sant Savtamali Marg
5 10/78A 8
and on South Jijabhai Mulji Rathod Marg. All the portion
surrounded.
6 3/35B 9 P.D’Mello Road 233.00
7 West, South and East division boundary on North August 1206.00
7/66 12 Kranti Marg and Pandita Ramabai Marg . All the portion
surrounded.
8. Onavy Nagar portion and colaba portion towards south of 339.00
1/4 14 Dr. Homi Bhabha Road Navy Nagar, Tata Institute of
Fundamental Research and Colaba Point
9. Towards West Sasmira Road , On East and South ward 322.00
13/97 13
boundary and on North Worli Gaothan Boundary
10 All the properties of Salt Pan Division except Zone No. 170.00
15/105 1
15/105A
11. Only Lokmanya Tilak Marg part from Phule Market to 308.00
2/34
Township P.D’Mello Chowk
Areas
12. excluding 293.00
3/36A Custom Lokmanya Tilak Marg on East side of PD Mello Road
bond areas
Notes:
1. The lease rent is subject to an increase @ 4% p.a. and that first such increase shall be effective
from 01 October 2013.
2. The lease rentals may remain in force for a period of five years thereon.
3. Actual quantum of Rent will be worked out on the base rent and factor as may be
recommended by the committee appointed for the purpose of applicability of FSI.
4. Special Way Leave charges are calculated based on above rates as per MBPT regulations.
5. Taxes, service charges, penalties, interest rates are not included in the above rates.
6. Rate for allotment of water bodies is applicable at 50% of the SOR rates.
7. Differential Arrears, liabilities and other dues/charges for a period from 01.10.2012 to
30.9.2017 are calculated based on above rates.
8. The applicable MCGM cesses will be billed separately over and above the SOR rates for
monthly tenants and licenses for less than 1 year[भाग III—खण् ड 4] भारत का राजपत्र : असाधारण 7
9. These rates are not applicable to occupations given on nominal rents to public bodies and for
public amenities.
10. Interest would be chargeable beyond permissible period as per Board’s policy from time to
time.
11. Whether demanded or not, rent/ compensation/ license fee for a month would have to be paid
by the tenants/ lessees/ licensees/ occupants on or before the 15th day of each succeeding
month.
B. Schedule of Rates for the period from 01.10.2017 to 30.09.2022 for non Home Occupation.
Rentals per sqm per month for FSI
Sr. RR Unit
Description as per Ready Reckoner 1.00
No. Zone
(`)
1 96/436 1 Anik 269.00
2 15/105 1 Salt Pan 269.00
3 16/110 1 Matunga 578.00
4 11/84E 2 Parel-Sewree 857.00
5 13/97 14 Worli 568.00
6 7/64 12 Malbar Hill 1288.00
7 7/66 12 Malbar Hill 1691.00
8 1/6 12 Colaba 1658.00
9 Karanja 12 Karanja 57.00
NOTES:
1. The lease rent is subject to an increase @ 4% p.a. and that first such increase shall be effective
from 01 October 2018.
2. The lease rentals may remain in force for a period of five years thereon.
3. Actual quantum of Rent will be worked out on the base rent and factor as may be
recommended by the committee appointed for the purpose of applicability of FSI.
4. Special Way Leave charges are calculated based on above rates as per MBPT regulations.
5. Taxes, service charges, penalties, interest rates are not included in the above rates.
6. Rate for allotment of water bodies is applicable at 50% of the SOR rates.
7. Differential Arrears, liabilities and other dues/charges for a period from 01.10.2017 to
30.9.2022 are calculated based on above rates.
8. The applicable MCGM cesses will be billed separately over and above the SOR rates for
monthly tenants and licenses for less than 1 year
9. These rates are not applicable to occupations given on nominal rents to public bodies and for
public amenities.
10. Interest would be chargeable beyond permissible period as per Board’s policy from time to
time.8 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
11. Whether demanded or not, rent/ compensation/ license fee for a month would have to be paid
by the tenants/ lessees/ licensees/ occupants on or before the 15th day of each succeeding
month.
”
5. The Speaking Order passed by this Authority will be intimated separately and communicated to
the MBPT and the relevant tenants/ lessees in due course of time.
T. S. BALASUBRAMANIAN, Member (Finance)
[ADVT.-III/4/Exty./421/2021-22]
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