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Disposal of Land Rule - RIICO

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21. TIME PERIOD<br />

FOR<br />

COMMENCE-<br />

MENT AND<br />

COMPLETION OF<br />

CONSTRUCTION<br />

ACTIVITIES AND<br />

COMMENCEMEN<br />

T OF<br />

PRODUCTION<br />

ACTIVITIES<br />

1) As a general provision, an allottee would be required to have construction activities completed<br />

within a period <strong>of</strong> two years and production activities started within a period <strong>of</strong> three years *from<br />

the date <strong>of</strong> possession or from the date <strong>of</strong> lease deed execution, whichever is earlier(** see foot<br />

note also).<br />

2) In cases <strong>of</strong> plot/land allotments in NCR made on or after 19.5.2006 the allottees as a specific<br />

provision would be required to commence construction activities within 6 months, complete the<br />

construction within 18 months and start production within 24 months,respectively, from the above<br />

dates(* and **). (Inserted as per the Office Order No.6/2006 dated 24.5.2006).<br />

3) In cases <strong>of</strong> plot/land allotments made prior to 2.6.2004, allottees as a specific provision would be<br />

required to commence production activities within a period <strong>of</strong> five years from the above dates (*<br />

and **), which is the then provision <strong>of</strong> the rules.<br />

4) *The time limit for commencing production/construction <strong>of</strong> dwelling unit/commercial establishment<br />

shall not apply to khatedar allottees. However, the time period prescribed for setting up the<br />

industry/dwelling unit/commercial establishment as per rule, shall be binding upon the transferee<br />

who has purchased the land from the khatedar allottee. The relevant date will be the date <strong>of</strong><br />

transfer.<br />

* The above amendmended proviso shall be available to the existing allottee khatedars also .<br />

However, the cases already decided as per provisions existing pror to the above amendment<br />

shall not be re-opened.<br />

(Inserted as per the Office Order No.14/2008 dated 19.11.2008. Further amended and inserted<br />

as per approval <strong>of</strong> the IDC vide item 5 <strong>of</strong> its meeting held on30.7.2010 ).<br />

5) Commencement <strong>of</strong> construction activities would mean concrete laid in foundation trenches for the<br />

structure covering at least 20% <strong>of</strong> the plot area.<br />

6) For this purpose the completion <strong>of</strong> construction would mean coverage <strong>of</strong> atleast 20% <strong>of</strong> the plot<br />

area with a pucca structure where ro<strong>of</strong> has been built up.<br />

7) In case <strong>of</strong> the following industrial units requirement <strong>of</strong> 20% constructed area with ro<strong>of</strong> under the<br />

rule may be assessed taking into account also the land area being utilized by the allottee as<br />

stockyard <strong>of</strong> raw material and finished goods. In other words the land area (open or covered) being<br />

utilized by such allottees for stockyard purpose may also be included for the purpose <strong>of</strong> calculating<br />

constructed area in the plot:<br />

(a) Stone based industries such as marble/ granite/ kota-stone processing units.<br />

(b) Cement based industries such as PCC Poles, Hume Pipes, Concrete Blocks / Curb<br />

Stones, Cement Tiles, Cement Gamala & Jali products.<br />

(c) Wool Processing Industries.<br />

(d) Mineral Grinding Units.<br />

(e) Salt Grinding.<br />

(f) Fly Ash based Industry.<br />

Bio Mass based Power Plant<br />

(g) Herbal Extract Purified Derivatives Bulk Drugs Projects<br />

(h) Dal Mill Udyog<br />

(i) Pesticeds formulation and ferrous sulphate units<br />

(j) Fabrication <strong>of</strong> towers<br />

(k) Agro fuel Coal brickets<br />

8) In case <strong>of</strong> IT industries and all other such set ups where in vertical development has been permitted<br />

in the rules i.e FAR is prescribed, above condition related to completing/achieving minimum 20%<br />

construction <strong>of</strong> plot area will be read as completing/achieving minimum 20% <strong>of</strong> the permitted FAR<br />

instead <strong>of</strong> the plot area.<br />

(Inserted as per the decision taken by IDC vide item 4 on 30.4.2007and item 14 <strong>of</strong> the meeting<br />

held on19.6. 2009 and item 21 0f 10.2.2010 and 11 <strong>of</strong> the meeting held on 15.4.2010.<br />

Ameneded vide 5 <strong>of</strong> the metting held on 30 7.10. Inserted as per item 2 <strong>of</strong> IDC meeting held on<br />

2.11.2010. Further inserted as per item12 <strong>of</strong> IDC meeting dt. 18.2.2011. inserted as per item 16<br />

<strong>of</strong> the meeting 29.5.2012 )

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