Karnataka Town and Country Planning (Fourth Amendment) Act, 2020

Oct 27, 2020 | by Avantis RegTech Legal Research Team

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Industry Specific Compliance

The State Government of Karnataka on October 19, 2020 published the Karnataka Town and Country Planning (Fourth Amendment) Act, 2020 to further amend the Karnataka Town and Country Planning Act, 1961. It shall be deemed to have come into force with effect from July 31, 2020.

A new Section 18B has been added specifying levy of premium charges for grant of Premium Floor Area Ratio. The authority may to grant permission for premium floor area ratio (FAR) in areas identified for that in the master plans. For grant of permission, the Authority may levy premium charges, at such rate, not exceeding one third of the estimated increase in value of land and building as may be prescribed by the Government from time to time, for grant of premium floor area ratio, not exceeding the limits specified in the zonal regulations of the master plan.

The Karnataka Town and Country Planning (Second Amendment) Ordinance, 2020 is hereby repealed.

[Notification no: DPAL 74 SHASANA 2020]


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