ANDHRA PRADESH INDUSTRIAL INFRASTRUCTURE CORPORATIONLIMITED, HYDERABAD

(INTERNAL CIRCULATION ONLY)

rOM No. FW ICost/14-45/200S Date: 16.06.2015

Sub: IT SEZ & Non-SEZ Tirupati, Chittoor District - Revision of Land Cost -Orders - Issued - Reg.

Ref: 1) Lr.No.ZOIAPIICITPT/IT Park/07/317 0t.lS.03.2015 of ZM,Tirupathi

2) 10M No.APIlCIFW/COST/G lILAND COSTIl5-16 Dt.27-05-2015

3) 10M No.FW/PF & IC/2015-16 0t.Ol-06-2015, Agenda for PF & IC

4) 10M No.ENCIAPTIC/IT ParkiSEZIOS/2007-0S Dt.30.05.2015 ofCE-I

5) Lr.No.FW/PF & IC/2015-16 0t.11-06-2015,Minutes ofPF & IC

* * * *In the Price Fixation & Infrastructure Committee (PF&IC) meeting held on

02.06.2015, the Committee decided to fix the land cost for both IT SEZ & IT Non SEZ as

there is huge variation of price if the prices are fixed independently and the land cost at

IT SEZ & Non-SEZ Tirupati, Chittoor District was fixed at ~ 1830.00 PSM with a

total development cost of~ 2124.66 lakhs with validity up to 31.03.2016.

LAND ANALYSIS:

S.No. Particulars IT/ITES Non-SEZ Total(SEZ)

A Patta Land 0.00 0.00 0.00B Government Land 67.79 SO.I 1 147.90C Total Extent (A+B) 67.79 SO.11 147.90D Area proposed for IP 67.79 SO.11 147.90E Less:

Roads Area. 12.64 4.6Parks, Open Land & Green Belt 6.79 S.OOBuffer Zone O.IS 0.002 mtr. wide path way 0.16 0.31Power Corridor 1.60 0.00Incubation Centers 5.3S 0.00Substation & Bus Station 1.05 0.00CFC Area 2.12 0.00LWC I Shopping Centre 0.37 0.00

F Sub Total 30.29 12.91G Net Usable Area (D-F) 37.50 67.20 104.70

Add: Incubation CentreH (Considered as saleable area) 5.3SI Net Usable Area (G + H) 110.08

LAND ACQUISITION COST:S.No Particulars Amount in fJ As alienation orders are not yet received Basic registrar value

taken from IGRS website IS taken into consideration 8,87,40,000.00(f 6,00,000 X 147.90)

K Add: Administrative Charges @ 15% on (J) 1,33,11,000.00Add: NALA charges @ 9% on basic land cost 79,86,000.00

LLess: Amount recovered from 6 allottees of non - SEZ lands (33,96,654.00)towards NALA Charges

Balance NALA Charges 45,89,346.00

M Add: Interest @ 12% on amounts deposited with SOC/LAO(Rs.4,28,91,000/- adjusted from the funds deposited for raidurg 4, 11,18,955.00lands during 2007-08)

N Add: Interest on land cost (J+L) @ 12% for lyear 1,11,99,522.000 TOTAL 15,89,58,823.00

LAND DEVELOPMENT COST:S.No Particulars Amount in fP Estimated Amount 20,10,44,000.00

Add: EMP@15% 0.00Add: Administration overheads @15% 3,0 1,56,600.00Add: Interest @ 12% 2,41,25,280.00

Q Total Land Development Cost 25,53,25,880.00

PROJECT COST:

Particulars Amount in fAcquisition Cost (0) 15,89,58,823.00Development Cost (Q) 25,53,25,880.00

Total Project Cost 41,42,84,703.00

BREAK EVEN COST·Particulars Extent in Acres Amount in f

Total Project Cost 110.080 41,42,84,703.00Less: Allotments made 65.28 8,26,27,381.00

Balance 44.800 33,16,57,322.00

Rate per acre. f 74,03,065 /-

Rate per square metre f 1829 /- (or) say f 1830 /-

"

DEVELOPMENT WORKS ~ in Lakhs)

S.No Name of the Work Proposed AlreadyTotalto be spent incurred

1 Layout approval fee to local0.00 187.00 187.00I

authorities2 Land Conversion Fee 0.00 79.86 79.863 Demarcation & Sign Boards 1.00 0.00 1.004 Forming and metalling of roads &

499.69 477.31 977.00Construction of Culverts

WATER SUPPLY:5 Investigation charges for water,

Sump and pump Rooms, Over head 200.00 0.00 200.00tank, Bore Well, Distribution lines

6 Storm Water Drains 140.00 0.00 140.007 Major W~ter Supply 30.00 0.00 30.00

POWER SUPPLY: I

8 Payment to APSEB for street Lights 10.00 0.00 10.00

9Payment bf Developmental Charges

20.00 0.00 20.00,SLC to APSEB for Plots And Sheds10 Street lights including cost of fixtures 60.00 0.00 60.00

11 Providing MS Gate and fencing and0.00 52.95 52.95compound wall

12 Avenue plantation 5.00 0.00 5.00

13 Clearing of heavy jungle and supply0.00 4.45 4.45and fixing ofRCC boundary pillars

14 Shifting of Telephone HT & LT7.00 0.00 7.00Lines

15 Misc. and Other Items 25.00 0.00 25.0016 Unforseen items 50.00 0.00 50.0017 Price Escalation 75.00 0.00 75.00

18 Sub Station 33/11 KY 200.00 0.00 200.00,

Total 1322.69 801.57 2124.26

Less: NALA charges included in Land 0.00 -79.86 -79.86••• I

acqursrtion cost

Layout Approval Fee collected from 0.00 -33.96 -33.96the 6 allottees of Non SEZ area

Total Development cost 1322.69 687.75 2010.44

REMARKS:

1. Development works excluding the bulk !UDL allotments is proposed, hence the

amount to be spent for layout excluding UDL allotment in Non-SEZ area.

2. Being IT Park and the extent now proposed after excluding bulk I UDL allotments

is less than 68 acres, environmental clearance not required. Hence; EMP fund @

15% is not provided in the LDC provision

3. The extent of 5.38 acres where IT incubation centres already constructed with ITE

& C Department funds is considered as saleable area

4. Zonal Office should restrict its expenditure on the IT SEZ & Non SEZ to the above

mentioned limits. Any amount remained unspent in any work may not be spent or

diverted to any other work. That means any savings arisen in any development

work are frozen.

5. No representation from allottees for reduction in the land cost may be considered.

6. Zonal Office may send the completion reports to Finance Wing soon after the work

is completed through Engg. Wing, H.O.

7. Engg. Wing, H.O. may process the proposals to VC & MD for obtaining

administrative sanction for development works to be taken up separately.

8. Any clarification, with regard to documentation, may be obtained from Asset

Management, H.O.

This has the approval of Vice Chairman and Managing Director

To,The Zonal Manager, Tirupati ZoneManager (AM) concerned through ZO, Tirupati Zone

CC to: CE-ICGM (Projects) / CGM (AM) / CGM (EMP)/ CSGM (MIS) & (ERP) / GM (PR)Peshi of VC & MD.