Please tell the EDC and IDC charges on land

Saurabh Jain,

17th February 2015

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Hi all , I just want to highlight the calculation of EDC and IDC in ground level . 1. calculation of edc is depend upon FAR(Floor area rate) value. ex. FAR value of Haryana is 1.75.
FAR = 1.75
1 acre = 43560 sq feet
Total permissible area= 1.75 * 43560 = 76230 sq feet

Aveek Paul,

19th February 2015

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Hi Saurabh,
EDC and IDC is the fixed charge taken by state Govt. In alwar the EDC charge is 7.70% which is fixed for all kind of land but IDC is varying from 9.90 % to 13.30% depending upon the size of the land.

Aveek Paul,

19th February 2015

Comment

Hi Aveek,
You are absolutely right and further these charges are paid direct to state government by the developer for developing the infrastructure and external areas for the project. The charges vary from state to state.

Balmiki Halder, Guwahati

19th February 2015