ANDHRA PRADESH INDUSTRIAL INFRASTRUCTURE CORPORATIONLIMITED, HYDERABAD

(INTERNAL CIRCULATION ONLy)

10MNo.FW/Cost/13-35/2011-12 Date: 17.03.2016

Sub: Fixation of land cost - Lands acquired at Palasamudram, Thungodu andGudipalli villages for allotment to Mis Bharat Electronics Limited- Orders -Issued - Reg.

Ref: 1)Lr.No.ZOIAPIICIATP/LA/BELl2011/2, Dt.l8.11.2015 of ZM, Ananthapur2) Lr.No.ZOIAPIICIATP/LAIBELl2011, Dt.27.11.2015of ZM, Ananthapur3) 10M. No: FW/PF&IC/2015-16, Dt:03.12.20154) Lr.No.FW/COST/GIILandCost Dt.l9.12.2015, Minutes ofPF & IC5) Lr.No FW/COST/GIILAND COSTDt.l1.02.2016 Minutes ofPF & IC6) IOM.NO.SW/APIIC/206IATRlI5-5 Dt: 02.03.2016Minutes of206th Board.7) Lr.No.FW/COST/GIILAND COSTI 15-16 Dt. 15.03.216Minutes ofPF&IC

* * * * *The issue of cost fixation for 913.99 acres of land available at Palasamudram (V)Gorantla (M), Thungodu & Gudipalli villages Somandapalli (M) was circulated to all thePF & IC Members through file No. FW/Cost/13-35/2011-12. In the light of BoardMinutes (206th Board) circulated vide reference 6th cited the land cost for 913.99 acres isrevised to RS.182/- PSM under undeveloped land and the rate is excluding process andland conversion Charges. The land cost is fixed for 913.99 acres only, for onwardallotment to Mis BEL and treated as undeveloped land. Hence, no development cost isto be incurred by APIIC.

LAND ANALYSIS:

Particulars Extent in Acres

PattaLand 292.210Government Land 161.550DKTLand 460.230Total Extent 913.990

LAND ACQUISITION COST:Particulars Amount in Rs.

Award No: 112014-15, Dt:31.05.2014 for 60.29 acres 3,25,56,600.00

Award No:2/2014-15, DtOl.06.2014 for 45.27 acres 2,44,45,800.00Patta land rate adopted as perLr.no ZO/APllC/ATPILAIBEL/2011 DT; 27.11.2015

i).RC.No. FTS/GlI1837/2015 Dt:14.01.2016 (48.00 acres ofPatta 2,42,52,768.00land)ii) RC.No. FTS/GlI1834/2015 Dt:04.01.2016 (102.75 acres ofPatta 10,27,50,000.00land)iii) RC.No. FTS/GlI1770/2015 Dt:22.12.2015 (11.87 acres of Patta 1,18,70,000.00land)iv) pending alienation of23.04 acres rate adopted as par with above 2,40,30,000.00extents i.e., 10000001- per acreGovt land at palasamudram village - 60.77 acres (at Rs.2 lakh per 1,2~,54,000.00acre)Govt land at palasamudram village -7.74 acres (at Rs.5 lakh per acre) 38,70,000.00

Govt land at Thungodu village - 93.04 acres «at Rs.2 lakh per acre) 1,86,08,000.00

DKT Land at Palasamudram village (Ex-gratia Paid) - 110.45 acres 2,51,27,375.00

DKT Land at Palasamudram village (Ex-gratia Paid) - 61.50 acres 1,39,91,250.00

DKT Land at Palasamudram village (Ex-gratia Paid) - 128.05 acres 3,94,52,205.00

Add: Alienation cost for 300 acres (110.45 + 61.50 + 128.05) at 10,50,00,000.00(Rs.3.5 lakh per acre)DKT Land resumed for violation at Palasamudram Village - 45.27 2,26,35,000.00acres (at Rs.5lakh per acre)

Add: Ex-gratia paid for 7.75 acrs ofDKT land ( out of 45.27 acres) 27,12,500.00

DKT Land at Thungodu Village - 114.96 acres (at Rs.5lakh per acre) 5,74,80,000.00

DKT Land at Palasamudram village - Tree I Structure Value 7,243.00

Patta Land at Palasamudram village - Tree I Structure Value 13,500.00

Administrative cost @10% on market cost 5,20,93,550.00Publication Charges 25,63,156.00Preliminary Survey Expenditure (Paid on 11.01.2012 with vide 1,00,000.00Cheque No.647699, Dt.l1.01.2012)

Total Land Acquisition Cost ( For 913.99 Acres) 57,57,12,946.00Add: Interest at 12% on amounts deposited by APlIC (Duly deducting 66,11,059.00

the interest on collection received from MIS BEL)LAND ACQUISITION COST 58,23,24,006.00

PROJECT COST:

Particulars Amount in Rs.

Land Acquisition Cost 58,23,24,006.00

Land development Cost NILAdd: 10% cost towards cost of open spaces (Not charged -refer Board NA

minutes, vide IOM.NO.SW/APIIC/206/ATRlI5-5 Dt: 02.03.2016)

Add: Administrative charges (As per minutes of206th Board meeting, 8,73,48,601.00vide IOM.NO.SW/APIICI206/ATRlI5-5 Dt: 02.03.2016)

Total Project Cost 66,96,72,607.00

Rate per acre. Rs. 7,32,692.00

Rate per square metre Rs.182.00

The rate will be valid up to 31-03-2016.REMARKS:

1. The land cost is calculated under the category of undeveloped land.2. Zonal office should not incur any expenditure towards development works.3. As Land conversion Charges are not included in the land cost, same is to be

borne by the Allottees.4. Process Fee is not loaded, hence the same is to be collected separately at thetime

of allotment (refer clause no.9.4 of Allotment Regulations 2015).5. The rate is arrived based on the proposals submitted by the District collector

pending alienation from Government. Hence, it is to be treated as Tentative costonly. Any variances of land acquisition and administrative charges payable tocollector is to the account of MIS BEL. Hence, the same may be intimated to MISBEL at the time of allotment Iagreement for sale of land.

6. Any clarification regarding documentation is to be obtained from Assetmanagement wing, APIIC, H.O.

Sd/­

EXECUTIVE DIRECTOR

CbiefGe~(Convener

To,The Zonal Manager, Ananthapuram ZoneManager (AM) concerned through ZO, Ananthapur ZoneCC to: CE-I ICE II

CGM (Projects) I CGM (AM) / CSPeshi of ED, Peshi ofVC &MD

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