Podcast
Questions and Answers
What does OP represent in a Town Planning Scheme?
What does OP represent in a Town Planning Scheme?
- Original Property
- Organized Plot
- Old Property
- Original Plot (correct)
Which value represents the plot without any development aside from geometric improvements?
Which value represents the plot without any development aside from geometric improvements?
- Base Value
- FP Value
- OP Value
- SFP Value (correct)
At what point are all values (OP, SFP, FP) estimated in a Town Planning Scheme?
At what point are all values (OP, SFP, FP) estimated in a Town Planning Scheme?
- After scheme completion
- During implementation
- On date of declaration of intention (correct)
- After final notification
What does FP stand for in Town Planning Scheme terminology?
What does FP stand for in Town Planning Scheme terminology?
Which of the following values considers the plot in its original state?
Which of the following values considers the plot in its original state?
Flashcards
OP Value in TPS
OP Value in TPS
The value of a plot in its original state, without any development beyond basic geometric improvements.
SFP Value in TPS
SFP Value in TPS
The value of a plot after boundary alterations and geometric improvements, but before final development.
FP Value in TPS
FP Value in TPS
The final value of a plot, including all improvements considered in the town planning scheme.
Difference between SFP and FP Value
Difference between SFP and FP Value
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Original Plot Value (OP Value) in TPS
Original Plot Value (OP Value) in TPS
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