Appendix I(see sub-rule (1) of rule (3))

List of Local Planning Areas with Corporation cities eligible for Benefit of Development Rights.

FORM-1 (see sub-rule (1) of rule 3)

No

Dated:......

In exercise of powers conferred under section 14-B of the Karnataka Town and Country Planning Act, 1961 and rule 3 of the Karnataka Town and Country Planning (Benefit of Development Rights) Rules, 2016 the following Area mentioned in the schedule below is required by The.... (Name and Address of the Public Authority) for development of .....(Road, Parks, or any public purpose defined in the Act ) for implementing the proposals of the Approved Master Plan or proposals of the Local Authority . It is hereby informed to the land owners and interested persons whose lands are required for the public purpose to appear and submit their claims along with the copies of the relevant documents viz, (i) Sale/partition/ other deeds of title, (ii) Up-to-date RTC's (iii) Mutation Copy (iv) Tax paid receipts (v) conversion order of Non agriculture purpose (vi) Revenue sketch (vii) Akar Bhand etc, in person in the place and dates as indicated in the address below and state their respective interest in such land.

The land owners/ interested parties of the scheduled properties whose lands are to be acquired shall give an option for Grant of Development Rights to the...... Public Authority as per The Karnataka Town and Country Planning (Benefit of Development Rights) Rules, 2016.

The land owners shall receive twice the area of land surrendered in lieu of monetary compensation as Development Rights (Notional land) and one time the building area surrendered as estimated by the value of the building area surrendered divided by the market value of the land on which the building is constructed. The Notional land can be utilized by factorizing with the market value at the originating plot and receiving plot. The Notional land is eligible for FAR and used as additional built up area at the receiving plot as per the terms and conditions prescribed in the rules.

SCHEDULE

Sd-

List of land/ building area surrendered and land owners for which Development Rights Certificate is to be issued

(1) $\because {S}_{\Delta ACD} = {S}_{\Delta COD} + {S}_{\Delta BDO}$

3.2

Public Authority