14.1.1.14 Transition Policy

i) It shall be permissible for the Project Proponent/s, to whom Special Township Project (1)ITP as per earlier Regulations has already been granted location clearance and / or LOI or the project is on-going wherein part Occupancy Certificate is granted (1) as per then prevailing Regulation before coming in to force of this Regulation. -

(1) Modified vide Notification u/s.37(1AA)(c) & 20(4) bearing No.CR.105/2022/(Part-2)/UD-13, dt.05th September, 2024

a) Continue such Special / Integrated Township Project under the erstwhile regulations under which LC is granted without considering these regulations.

b) If the project proponents wish to develop township according to this regulations then he may apply for grant of (1) revised Locational Clearnce from State Government as per Regulation No.14.1.1.4 alongwith the additional documents mentioned at Sr.No.(j) therein.

ii) If in case as described in Regulation No.14.1.1.14(i)(b), the construction of the project is on-going and the Occupation Certificate, either in fully or partly has granted or not been granted, it shall be permissible for the Project Proponent/s to choose an option to prefer this regulation subject to payment of premium as prescribed in Regulation No.14.1.1.7(i) and (ii). In such cases premium shall be calculated on balance area which shall be the difference of FSI permitted as per earlier regulation and that being availed as per this regulation.