7.9.4 Additional FSI to Biotechnology Units / Park

The Authority may permit the floor space indices specified in these regulations to be exceeded to the extent of 100% over and above the permissible basicFSI for biotechnology units / parks subject to following conditions :-

i) Out of total built up area minimum 90% shall be used for Biotechnology purpose and maximum 10% (by deducting parking space) shall be used for ancillary users such as specified in the Govt. Resolution of Industry, Energy and Labour Department No. BTP- 2008/CR-1608/Ind-2, dated 10/2/2009 or as amended from time to time.

ii) Additional FSI to Biotechnology units would be available to Biotechnology Parks duly approved by the Directorate of Industries and after observance of all the regulation of environment.

(1) Inserted / Substituted vide Notification u/s.37(1AA)(c) & 20(4) No.CR.97/2023/UD-13, dt.12th January, 2024 (Reg.No.7.8)

iii) Parking spaces, as per the provision of Development Control and Promotion Regulation shall be provided subject to minimum requirement of one parking space per 100 sq.m. built up area.

iv) The additional FSI shall be granted upon payment of premium which shall be paid in the manner as may be determined by the Government. Such premium shall be recovered at the rate of 20% of the present day market value of the land under reference as indicated in the ASR.

v) 25% of the total premium shall be paid to the Government and remaining 75% amount shall be paid to the said Authority. In Regional Plan area, such amount shall be entirely paid to the Government through the concerned branch office of the Town Planning and Valuation Department.

vi) The premium so collected by the Authority shall be primarily used for development of offsite infrastructure required for the Biotechnology Parks.

vii) In the event, the developer comes forward for provision of such off site infrastructure at his own cost, then the said Authority shall determine the estimated cost of the works and shall also prescribe the standards for the work. After completion of the works the said Authority shall verify as to whether the same is as per prescribed standards and thereafter, by deducting the cost of works, the balance amount of premium shall be recovered by the said Authority

viii) No condonation in the required open spaces, parking and other requirement prescribed in the regulations shall be allowed in case of additional FSI.

ix) Development of biotechnology park shall be done as per the guidelines issued by Industries Department vide the Government resolution dated 10th February, 2009 as amended from time to time.