Industrial park approval criteria require minimum area, unit counts, industrial allocation and infrastructure investment conditions. Approval requires meeting minimum developable area and minimum numbers of industrial units by park type, allocating at least sixty-six per cent of allocable area to industrial use while capping commercial use at not more than ten per cent, meeting prescribed minimum infrastructure expenditure proportions of total project cost (higher where built up industrial space is provided), limiting any single unit to no more than half of allocable industrial area, and obtaining required approvals for foreign or non resident Indian investment.
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Provisions expressly mentioned in the judgment/order text.
Industrial park approval criteria require minimum area, unit counts, industrial allocation and infrastructure investment conditions.
Approval requires meeting minimum developable area and minimum numbers of industrial units by park type, allocating at least sixty-six per cent of allocable area to industrial use while capping commercial use at not more than ten per cent, meeting prescribed minimum infrastructure expenditure proportions of total project cost (higher where built up industrial space is provided), limiting any single unit to no more than half of allocable industrial area, and obtaining required approvals for foreign or non resident Indian investment.
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