14.10.11 Special Concession

a) N.A. Permission : Non-agriculture permission will be automatic. As soon as the scheme is approved, lands under such Integrated IT Townships area shall be deemed to have been converted into non-agriculture and no separate permission is required.

b) Grant of Government Land : Any Government land falling under Integrated IT Township area shall be leased out to the developer at the prevailing market rate on usual terms conditions, without any subsidy.

c) Relaxation from Mumbai Tenancy and Agriculture Land Act : The condition that only the agriculturist will be eligible to buy the agriculture land shall not be applicable in Integrated IT Township area.

d) Ceiling of agriculture land : - There shall be no ceiling limit for holding agriculture land to be purchased by the owner / developer for Integrated IT Township project.

e) Exemption from Urban Land (Ceiling and Regulation) Act, 1976 : Integrated IT Township

projects will be exempted from the purview of Urban Land (Ceiling and Regulation) Act, 1976.

(1)

f) Staggered payment facility for premium to be paid for additiona FSI shall be allowed to be paid in two installments but within a year or on the date of obtaining the Occupancy / Part Occupancy Certificate, which is earlier.