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 .
The following land/ building owners have opted for Development Rights in lieu of monetary compensation under the Right to Fair Compensation and transparency in land acquisition, Rehabilitation and Resettlement Act, 2013. The Development Rights will be given by the Authority as twice the land area surrendered and one time the building area surrendered and 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 public is hereby informed about the details of the land and land owners and interested persons whose lands are required for the public purpose and Development rights are to be issued in lieu of Monetary compensation. Any objections and suggestions are to be addressed to the Commissioner, ....Urban Development Authority within thirty days from the date of publication of this Notification.
List of land/ building area surrendered and land owners for which Development Rights Certificate is to be issued
Sl.no Address of the plot /land / building area Public purpose the land plot is for Dimension of the land/plot Extent in sq m of the land/plot Boundaries of the land /plot Name and address of the land owner of the land/plot for which Development Project Certificate is to be issued
FORM-IV (see sub-rule (4) of rule 3)