Smart Fin-Tech Centres Regulations

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Questions and Answers

In which zones can a Smart Fin-Tech Centre be located, according to regulation 7.11?

  • Only in Industrial Zone
  • In Residential Zone 1, Commercial Zone, or Industrial Zone (correct)
  • Only in Commercial Zone
  • Only in Residential Zone 1

According to regulation 7.11, which directorate must approve a Smart Fin-Tech Centre?

  • Directorate of Urban Development
  • Directorate of Commerce
  • Directorate of IT (correct)
  • Directorate of Finance

What is the maximum additional FSI allowed for a Smart Fin-Tech Centre?

  • 150%
  • 100%
  • 200% (correct)
  • 300%

What premium rate is charged for the additional FSI for a Smart Fin-Tech Centre?

<p>20% (C)</p> Signup and view all the answers

How is the premium for additional FSI shared between the Planning Authority and the Government?

<p>50% to Planning Authority and 50% to Government (B)</p> Signup and view all the answers

What is the minimum road width required for a plot to be eligible for additional FSI for a Smart Fin-Tech Centre?

<p>18 meters (C)</p> Signup and view all the answers

What is the maximum FSI limit for a Smart Fin-Tech Centre on plots with a road width less than 24 meters?

<p>3.0 (D)</p> Signup and view all the answers

For plots on roads with a width of 24 meters or more, what is the maximum FSI limit for Smart Fin-Tech Centres?

<p>4.0 (C)</p> Signup and view all the answers

Up to what plot size is amenity space not required for a Smart Fin-Tech Centre?

<p>2.00 hectare (C)</p> Signup and view all the answers

Which committee must approve a Smart Fin-Tech Centre to be eligible for additional FSI?

<p>Committee with representatives from Finance, Industries and U.D. Department (B)</p> Signup and view all the answers

Flashcards

Smart Fin-Tech Centre zones

Residential Zone 1, Commercial Zone, or Industrial Zone

Smart Fin-Tech Centre approval

Directorate of IT

Maximum additional FSI

200%

Premium rate for additional FSI

20%

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Premium Sharing

50% to Planning Authority and 50% to Government

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Minimum road width

18 meters

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Maximum FSI (road width < 24m)

3.0

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Maximum FSI (road width >= 24m)

4.0

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Amenity space exemption size

2.00 hectare

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Approval Committee

Committee with representatives from Finance, Industries and U.D. Department

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Study Notes

  • Smart Fin-Tech Centres can be located in Residential Zone 1, Commercial Zone, or Industrial Zone.
  • The Directorate of IT must approve Smart Fin-Tech Centres.
  • The maximum additional FSI allowed for a Smart Fin-Tech Centre is 200% above the base FSI.
  • A premium rate of 20% is charged for additional FSI for Smart Fin-Tech Centres.
  • The premium for additional FSI is shared 50% to the Planning Authority and 50% to the Government.
  • The minimum road width requirement for a plot to be eligible for additional FSI is 18 meters.
  • The maximum FSI limit is 3.0 for Smart Fin-Tech Centres on plots with road widths less than 24 meters.
  • On roads 24 meters or more in width, the maximum FSI limit for Smart Fin-Tech Centres is 4.0.
  • Amenity space is not required for Smart Fin-Tech Centres on plots up to 2.00 hectares in size.
  • A committee with representatives from the Finance, Industries, and U.D. (Urban Development) Department must approve Smart Fin-Tech Centres for them to be eligible for additional FSI.

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