Since 1986

ACCOMMODATION
TIMES
India's oldest knowledge based newspaper on Real Estate

ACCOMMODATION TIMES INSTITUTE
OF REAL ESTATE MANAGEMENT
Offering Management Courses
$ Diploma in Real Estate Management $ Diploma in Real Estate Finance
$ Diploma in Real Estate Marketing :Click or Call :  91-22-26173827

ISO Certification in Real Estate
4th Oct 07
 At University of Mumbai Kalina

CHENNAI.....Good investment opportunities in all the segment of the city. Commercial rentals is on fast trek. Residential segment also having very good demand from rural areas. Outskirts of the city is now more costly then CBD residential areas.   AHMEDABAD..... ..... Huge NRI funds were recently invested in residential segment of the city. Commercial too is feeling the heat. Residential rates are marginally up by 20% since last quarter. The trend is likely to continue.   BANGALORE...... ...IT and ITES are again in the buying spree. Residential complexes are getting good demand. NRIs investments are up again. Service apartment concept is catching up in the city. Commercial lease rentals are rising.   PUNE.... ... Pune is poised as IT centre by the developers. In fact many leading IT brands are in the city. It has enhanced the residential rates. Outskirts like Viman Nagar, Pimpari and Chinchwad also now having great demand. Good time ahead.   DELHI .... ...The market is slow for residential units. Noida and Gurgaon also have touched historic level. New zones are in the competition. Faridabad and Merut along with Rohtak are busy catering for demand in Delhi and NCR    MUMBAI.. ..... ..Realty Fund and investors of large real estate holdings are still maintaining the price level. Developing zones are feeling heat. Small pocket developers are also panic in the market. Residential prices stagnated as of now.

Home

Property Rates

Projects

Research

News

Indian Cities

Archives


PROCEDURE FOR OBTAINING CERTIFICATION AS A PRIVATE IT PARK


 

This document describes the procedure for obtaining certification as a Private IT Park.

1.) Who can convert to a Private IT Park?

In order to encourage the growth of the IT sector and enable maximum number of units to avail of the benefits provided to IT units, the Government has provided a facility for private premises to be converted to the status of a Private IT Park.

In order to qualify for conversion to a Private IT Park, the premises or property for which the application is being made should confirm to the following minimum prescribed norms:

PRESCRIBED NORMS FOR CONVERSION OF PREMISES TO A PRIVATE IT PARK


 


 

Norm

Requirement

1

Plot Area / Built-up Area

Minimum 2 Acres and / or 20,000 sq. ft. of built-up area

2

Minimum area for IT units

A minimum of 60% of the total built-up area should be occupied by units engaged in IT business activities

3

Status of the land / building

May be owned by one of the occupant IT unit(s) or may be leased out to the occupant(s) by a landlord

4

Parking space

One parking space to be provided per 100 sq. mt. of built-up area

5

Power supply


 


 

Power required

Min. of 20 watts per sq. ft. of built-up area


 

Feeder lines

One feeder line


 

Sub-station

One dedicated sub-station within the premises of the IT Park


 

Stand-by power capacity

Stand-by power generation capacity of at least 30% of the total power requirement of the Park

6

Connectivity

2 Mbps OFC (not applicable if there is a Satellite Earth Station in the premises of the Park


2..) What is the procedure for applying for certification as a Private IT Park?

Applications for conversion of property / premises to a Private IT Park need to be made to the :

Development Commissioner (Industries)

Directorate of Industries

Mantralaya, Mumbai

Ph.: 22028100

3.) Documents to be submitted along with the application?

A format of the Application Form to be submitted to the Development Commissioner is attached as

Annexure 1 to this document.

Annexure 1

DIRECTORATE OF INDUSTRIES


INFORMATION TECHNOLOGY BRANCH

Application for Letter of Intent for proposed Private IT Park / Registration of Existing IT Park / Conversion of Letter of Intent to Registration of Private IT Park (to be submitted along with application fee of Rs. 1,000/- per application by way of RBI Challan. Copy of the Challan should be enclosed along with the application).

1.. Name of applicant Company with full address:

2. Whether Pvt. Ltd./Public Ltd. Company / Partnership Firm/Cooperative Society/Trust

(Please enclose registration certificate):

3. Name of Park:

4. Location (i) Survery Nos./Plot Nos.:

(ii) Village/Town/City:

(iii) Taluka / District:

(iv) Total Area:

(v) Area under ownership:

(vi) Area under Lease

(Please enclose copies of Conveyance / Title deed / 7/12 Extract / Property Card /

Lease deed, etc.)

5. Whether N.A. Permission is issued by Collector concerned for Information Technology Park:

6. Whether located in Permissible Zone / Regional Plan / Development Plan:

(Enclose Zone Confirmation certificate from Municipal Corporation / Municipal Council /

Town Planning Dept. / Other concerned local authority)

7. Whether ULC Exemption U/S 20 of the ULC Act is obtained from D.I.

(Please enclose copy wherever applicable)

8. Whether issued Letter of Intent / Registration as Private IT Park earlier by Directorate of Industries

(If so, please enclose copy)

9. Whether NOC under Industrial Location Policy was issued by Directorate of Industries in the past. If

so, please mention No. and Date :

10. Details of Built up area to be constructed / constructed in the following format, duly certified by

Chartered Architect.


 

Total area

Built up area for IT units

Open plot area for IT units

Built up area for support services

Open plot for support services

Parking space area


 


 


 


 


 


 


 

11. Whether Plan is approved by MMC / Collector concerned / CIDCO / TMC / KMC / Other Local

Authority:

12. Whether Intimation of dissaproval (IOD) / CC / Occupation Certificate issued by authorities mentioned

at Sr. No. 11.

13. Details of Connectivity in Mbps / Kbps provided / proposed to be provided:

14. Details of power feeder line / sub station provided / proposed to be provided:

15. Declaration :

I hereby declare that all the information in support of the above information / particulars given by me in the above form are true and correct to the best of my knowledge and belief. I further undertake to use and ensure the use of the premises (including land and built up area) of the Information Technology Park exclusively for Information Technology units and support services and infrastructure.

Place: Name & Signature of Applicant

Date: