No. 2/1/22-IIB-II-99 In partial modification of
Haryana Government Notification No.
2/1/22-IIB-II-99 , dated 11th November, 1999 and with a view to
facilitating rapid industrialization in the State, the Governor of Haryana is pleased to
make the following amendments/insertions in the Estate Management Procedure:-
PAYMENT TERMS
Interest rate
after offer of possession on balance amount of installment will be charged @ 11% instead
of 15% and interest on the late payment of installment will be reduced from 18% to 14% per
annum.
COMPLETION OF PROJECT
The allottee
shall start construction of building within one year of offer of possession and will start
commercial production within a period of three years from the date of offer of possession. In case, the allottee is not able to start
construction within one year, extension will be granted by the allotting agency for
maximum period of 6 months, if the allottee is able to satisfy the agency that he could
not start construction for reasons beyond his control.
Similarly, the period for commencement of production will be extended by the
allotting agency for a maximum period of one year subject to the allottee satisfying the
agency that he could not go into production within three years of the date of offer of
possession for reasons beyond his control and the allottee took effective steps for
implementation of the project. Extension in
period for commencement of commercial production beyond three years shall be granted only,
if 10% of the permissible ground coverage has been achieved and effective steps have been
taken by the allottee for the completion of the project.
In such cases 25% of the prescribed extension fees shall be charged.
Second Extension
of one year for completion of the project i.e. after four years from the offer of
possession will be allowed in those cases where the allottee has achieved at least 20% of
the permissible ground coverage and machinery has been ordered on payment of 50% of the
extension fee prescribed for that area in Estate Management procedure. Those allottees that commence commercial
production in the extended period will not be allowed 20% rebate.
BIFURCATION/FRAGMENTATION
OF PLOT
Sub
Division/Bifurcation of Industrial plot of 1 acre and above shall be permitted. Such plots will be sub-divided/bifurcated in not
more than 2 plots, subject to the condition that sub-divided plots shall not be less than
500 Square Yards and bifurcation will be only for industrial purpose and there will not be
more than two tenants on the original plot.
The transferee
will pay bifurcation fee equivalent to the transfer fee applicable in that area. This will be applicable only for those
fragmentation/bifurcation which have been made up to 25th September, 2003 and
no bifurcation will be allowed after that date in the old Industrial Estates/ Areas,
Yamunanagar, Panipat, Sonepat and Bahadurgarh developed by the department of Industries.
GENERAL
EXTENSION TO I.T., INDUSTRY
Those allottees who were
allotted plots for Information Technology units but could not implements their projects
within the stipulated period up to 25th September, 2003 will be granted
extension of two years for completing their projects without any extension fee. However, the rebate of 20% will not be permissible
to such allottees who implement their projects in the extended period.
CHANGE IN PERMISSIBLE
COVERED AREA (PCA)
An allottee
seeking permission to transfer the plot when his project has become unviable due to
reasons beyond his control or otherwise will not be allowed to transfer unless he has
achieved construction of ground coverage as under:-
i)
0 to 5 acres
20%
ii)
5 to 10 acres
15%
iii)
10 acres and
above
10%