Where is the Sports Infra in 'Sports City'
Sports City Scam www.infralive.com 31 Infra LIVE July 15, 2022 IMPLEMENTATION & COMPLETION OF PROJECT IMPLEMENTATION 1. The Lessee shall be required to complete the construction of minimum 15% of the permissible area earmarked for sports, institutional & other facilities within a period of 3 years from the date of execution of Lease Deed and shall complete the project in phases within 5 years. However, the residential and commercial development/ construction may be completed in phases within 7 years. Further more, the lessee has to develop residential and commercial component in the project in proportion to area earmarked for recreational uses. However, extension in exceptional circumstances can be granted by NOIDA, on payment of extension charges applicable as per prevailing policy at the time of granting such extension. Delays due to encroachment, force majure, legal issues like stay orders etc. shall be considered for extension. 2. The construction on the land shall have to be done as per the controls prescribed under these Terms and Conditions and the building regulations and directions of the NOIDA. Completion 1. The 'Completion Certificate' will be issued by the NOIDA on the completion of the project or part thereof in phases and on the submission of the necessary documents required for certifying the completion of the project or part thereof. INDEMNITY The lessee shall be wholly and solely responsible for the implementation of the Project and also for ensuring the quality of development/ constructions, subsequent maintenance of the building and services, till such time as the alternate agency for such work is identified and legally appointed by the lessee after prior written approval of NOIDA. The Lessee shall execute an indemnity bond, indemnifying the NOIDAagainst all disputes arising out of: a) The non-completion of the project. b) The quality of development, construction andmaintenance. c) Any legal dispute arising out of allotment, lease and/or sub-lease to the final purchaser(s). Scan-C4 Scan-C5 DEVELOPMENT OF SPORTS CITY: The development of SPORTS CITY to be carried out by the successful applicant shall be planned for the sports & institutional facilities as per the specifications laid out by NOIDA along with other activities to support the development of the SPORTSCITYas a whole. LANDUSEOF SPORTSCITY The permissible broad break up of the total area under SPORTSCITY for different land uses shall be as under: Considering the above land use pattern following planning norms shall be applicable: 1. Maximumpermissible ground coverage of the entire land shall be 30% 2. Maximumpermissible FAR on total land shall be 1.5. 3. FAR&Ground Coverage in recreational land uses shall be as per prevailing bye-laws. 4. Permissible FAR for land use shall be allowed in the entire area within set back lines. 5. There shall not be any restrictions on the ground coverage and FAR in Residential including Group Housing and Commercial land use within the overall permissible limit of 30% ground coverage and 1.5 FAR on total land. A Recreational (Sports, Institutional & Other Facilities and open areas) Not less than 70% B Commercial Not more than 2% C Residential including Group Housing (1650 persons per hect. on residential/ group housing area only) 28%
Made with FlippingBook
RkJQdWJsaXNoZXIy NjE4NzY1