The draft of the following rules further to amend the Karnataka Planning Authorities Rules, 1965 which the Government of Karnataka proposes to make in exercise of the powers conferred by section 74 read with section 18 and 18A of the Karnataka Town and Country Planning Act, 1961.

(cid:315)(cid:175)ೇಷ (cid:170)ಾಜ(cid:205) ಪ(cid:294)(cid:206)(cid:144)ೆ ¨sÁU À – 4ಎ , 16 , 2 024( , 26, , 1945) . 196 Part – IVA BENGALURU, SATURDAY, 16, MARCH, 2024(PHALGUNA , 26, SHAKAVARSHA, 1945) No. 196 GOVERNMENT OF KARNATAKA No: UDD 07 TTP 2024 (E) Karnataka Government Secretariat, Vikasa Soudha, Bangalore, Date: 16.03.2024. NOTIFICATION The draft of the following rules further to amend the Karnataka Planning Authorities Rules, 1965 which the Government of Karnataka proposes to make in exercise of the powers conferred by section 74 read with section 18 and 18A of the Karnataka Town and Country Planning Act, 1961 (Karnataka Act 11 of 1963), is hereby published as required by sub-section (1) of section 74 of the said Act, for the information of all persons likely to be affected thereby and notice is hereby given that the said draft will be taken into consideration after seven days from the date of its publication in the Official Gazette. Any objections or suggestions, which may be received by the State Government from any person with respect to said draft before the expiry of the period specified above will be considered by the State Government. Objections and suggestions may be addressed to the Secretary to Government, Urban Development Department Vikasa Soudha, Bengaluru-560001. DRAFT RULES 1. Title and commencement.- (1) These rules may be called the Karnataka Planning Authorities (Amendment) Rules, 2024. (2) They shall come into force from the date of their final publication in the Official Gazette. 2. Amendment of the Rule 37-E of the Karnataka Planning Authority Rules, 1965: The Rule 37-E of the Karnataka Planning Authority Rules, 1965 shall be substituted as below: (1)2 “37-E Charges to be levied in case of permission for utilizing Premium F.A.R – (1) The Zonal Regulations of the approved Master Plan may identify the areas where the Premium Floor Area Ratio (hereinafter referred to as the Premium FAR) shall be given by the Planning Authority. (2) The estimated increase in the value of the land and building due to area approved for development by utilization of the Premium FAR shall be equal to the extent of the area developed multiplied by 80% of the Guidance Value notified under section 45-B of the Karnataka Stamp Act, 1957 (Karnataka Act 34 of 1957) of the developed land or site on the same spot where the development of building is proposed. Further, as per section 18B, the Premium FAR charges shall be levied at a rate not less than fifty percent of the said increase in the value of the land and buildings due to grant of Premium FAR. Premium F.A.R charges:- (i) The Guidance Value of the developed site rate put to same use at the building site shall be taken as the base value; (ii) The Premium F.A.R charges shall not be less than the amount calculated by the Formula as shown below: Area of Premium F.A.R X 50% X 80% of the Guidance Value of Required (in Sq. Meter) Developed Site at receiving plot (Rs per Sq Meter) Illustration Particulars: Area of the Building Site 1000 sq meter Guidance Value of the developed Rs.50000 per sq meter site at the plot Value of the Plot Rs.5,00,00,000.00/- Ordinarily Permissible F.A.R as 2.5 per Zonal Regulations Coverage 50% Allowable total Built Up Area 1000x2.5=2500 sq meter (Permissible F.A.R) Area of each Floor 500 sq meter Permissible number of floors 5 No. of Extra Floors desired by 2 the developer (for illustration purpose) Additional F.A.R Area required as 1000 sq meter Premium F.A.RR.N.I. No. KARBIL/2001/47147 POSTAL REGN. No. RNP/KA/BGS/2202/2017-19 Licensed to post without prepayment WPP No. 297 3 Estimated increase in value of the 80% of the Guidance Building and Land due to Value x 1000 = additional FAR under Premium Rs.4,00,00,000/- FAR Premium F.A.R charges leviable 50% of the Estimated for purchase of 1000 Sq M Increase in Value of the additional area land and buildings = 50% of Rs.4,00,00,000=Rs 2 Crore (3) The maximum additional area that may be allowed to be developed under the Premium FAR shall be as prescribed under the Zonal Regulations of the approved Master Plan. Provided that it shall not be more than 100% of the permissible FAR ordinarily permitted. (4) The premium charges collected by grant of premium floor area ratio shall be deposited in a separate head of account and shall vest solely with the Planning Authority or Urban Local Body which issues the Premium FAR and the same shall be utilized within the jurisdiction of the said Planning Authority or the Urban Local Authority, only for the purposes of land acquisition and public infrastructure and the development of public infrastructure; and shall not be utilized, inter-alia, for repairs, maintenance and miscellaneous works at any time. (5) When so notified by an Authority competent to approve and issue the Premium FAR, the application, the issuance and management of Premium FAR shall be in electronic form as per the procedure specified by the said Authority and thereupon the electronic database of the Premium FAR shall be original record thereof. By Order and in the name of the Governor of Karnataka (LATHA.K) Under Secretary to Government Urban Development Department. 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