Disposal of Land Rule - RIICO
Disposal of Land Rule - RIICO
Disposal of Land Rule - RIICO
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keenness money would not be adjusted. Payment <strong>of</strong> balance<br />
75%development charges shall be made in the similar manner as in case <strong>of</strong><br />
industrial plot. Policy about time extension, levy <strong>of</strong> service charges and<br />
economic rent would be at par with the policy applicable for industrial<br />
plots.<br />
viii) The sponsoring body should take effective steps to the satisfaction <strong>of</strong> the<br />
State Government/<strong>RIICO</strong> within two years <strong>of</strong> allotment, otherwise land<br />
allotment would be cancelled and keenness money would be forfeited.<br />
ix) In the university campus residential blocks including staff quarters and<br />
hostel etc. would be allowed on the basis <strong>of</strong> actual needs.<br />
(Inserted as per IDC decision taken vide item 20 on 30.04.2007 and further<br />
modified as per observation made by IDC vide item 2 <strong>of</strong> its meeting held on<br />
24.7.2007 & item 7 <strong>of</strong> its meeting held on 16.11.2007)<br />
3(Y) ALLOTMENT OF LAND TO THE PRIVATE DEVELOPERS FOR<br />
THE PURPOSE OF DEVELOPMENT OF IT COMPLEX/CAMPUS<br />
1. IT COMPLEX / CAMPUS DEFINED:<br />
Permissible Units/Activities in IT Complex/Campus are as under:<br />
(i) IT Industries, IT enabled Services (ITeS) as defined in the relevant notifications<br />
issued by the State Government/GoI.<br />
ii) Robotics, Nano Technology, Mobile Computing, Mobile Communications, other<br />
frontier technologies.<br />
iii) Chip Manufacturing.<br />
iv) IT related Research and Development facilities.<br />
v) Or any other activities as may be notified from time to time by the IT Department<br />
<strong>of</strong> GoR/GoI.<br />
2. PRE CONDITIONS FOR LAND ALLOTMENT:<br />
(i) There must be an Anchor Unit.<br />
(ii) Minimum <strong>Land</strong> Area Requirement will be <strong>of</strong> 10 acres.<br />
3. WHO CAN APPLY:<br />
(i) Individual anchor unit and/or a developer can apply for allotment <strong>of</strong> land. The<br />
minimum area requirement is <strong>of</strong> 10 acres <strong>of</strong> land.<br />
(ii) If a developer is seeking allotment <strong>of</strong> land to develop an IT Complex/Campus<br />
then there shall have to be an arrangement <strong>of</strong> an anchor unit coming up in the IT<br />
Complex/Campus to the satisfaction <strong>of</strong> <strong>RIICO</strong>. Such an anchor unit shall utilize<br />
at least 30% <strong>of</strong> the total constructed area <strong>of</strong> the complex/campus for its own use<br />
as well as its vendors/ subsidiaries/ancillaries. An undertaking by the anchor<br />
unit to this effect if not accompanied with the application must be submitted<br />
within 60 days <strong>of</strong> the ‘in principle’ approval conveyed by <strong>RIICO</strong>.<br />
4. HOW TO APPLY: