(1)

Ļ¯ೇಷ ªಾಜÍ ಪĦΐೆ

PROCEEDINGS OF THE GOVERNMENT OF KARNATAKA

Sub: Exemption to certain activities from the requirement of two

years continuous production to execute sale deed for the land

allotted on lease-cum-sale basis by the Karnataka Industrial

Areas Development Board - reg.

Read: Government Order No. CI 132 SPQ(e) 2021, dated 01.01.2022.

-:o0o:-

PREAMBLE

Following steps are being taken to execute the sale deed to the private investors

for the lands allotted on lease-cum-sale basis by the Karnataka Industrial Areas

Development Board as per Government Order No. CI 132 SPQ(e) 2021, dated

01.01.2022:

“If the lessee has implemented the project and utilized more than 50% of the

area allotted and has performed all the conditions of lease-cum-sale deed,

the sale deed shall be executed after 2 years of continuous production from

the date of commercial production, during the currency of the lease period”.

As per the said Government Order, there is a rule that if the unit is in continuous

operation for two years then we can execute sale deed. This is applicable to

manufacturing units, but some activities involve developing buildings and other

infrastructure and giving them on rent/lease basis to the relevant activity, it takes time

¨sÁUÀ – 1

Part – I

10

2025

19

1946)

BENGALURU, MONDAY, 10, MARCH, 2025

PHALGUNA , 19, SHAKAVARSHA, 1946)

. 134

No. 134

2

for the tenants to come to that facility and from there those units have to function for

two years, which takes more time and even if the site allottees have implemented their

approved activity, there is a delay in getting the sale deed.

The following decisions were taken in a meeting held on 17.12.2024 under the

chairmanship of the Principal Secretary to Government, Commerce and Industries

Department:

"ಪ౳๬౨ವචಯย౵ ಃಐಎല෈෷ ൟั๭ฆ๋൤, IT/ITES Developer

(IT Infrastructure facilities/park), logistics & warehousing,

cold storage developers ๻ಟ ಇತฉ ಉ൞౭ದක ಘಟಕ฿ಜರඃ,

ಕಟౣಡವඝ౬

ඛ෦ბ๭

๸ීಧಪಟౣ

ಅඝ෮ೕൽತ

ಚഖವഔಃಡ

෇ലಡ/ยೕ๺

ಆඋರದ

෬ว

ඛೕഴโർಜದ౪ฉ,

ಅಂತಹ

ಚഖವഔಃಗัಡ ๸ීಧಪಟౣ ಘಟಕಗำ ງ೉ಃ෴ದ ඛๆಶನದ ๕.

50 ౾ౙಂತ ກೋ౞ เ๭౨ೕಣბವඝ౬ ಬಳ๭ಆಂലದ౪ฉ ಮൡ౨ ยೕ๺ ಉ ๳ฯ

ಕฃฆ ಪತ౳ದย౵ เඌ๭ฆವ ಷರൡ౨ಗಳඝ౬ තซ๭ದ౪ฉ, ಈ ಘಟಕಗำ

෇ലಡ/ยೕ๺ ಆඋರದ ෬ว ඛೕഴವ ಚഖವഔಃಗะಜൿ౪, ಇಂತಹ

ಚഖವഔಃ/ಘಟಕಗัಡ

ൽකಂಕ

01.01.2022ರ

ಸ౽ბರದ

ಆඃಶದย౵ฆ๋൤,

ಸತತ฿ಜ

ಎರഴ

ವಷბಗಳ

౽ಲ

ೈย౨ಯย౵ರ෎ಃಂಬ ಆඃಶൽಂದ เක෵ൟ ඛೕല ๑ದ౫ ಕ౳ಯ ಪತ౳

චರๆค๯ವ

๸ීಧ

ಸ೉ವ

๸ඬಟದ

ಅඝ෮ೕದචಛಜ

ಪ౳๬౨ವචಯඝ౬ ෱ലಸฤ ಸො෷ ൟೕ෥ბඛ๭ൡ".

Accordingly, the proposal has been placed before the Cabinet held on 05.03.2025

for approval to exempt certain activities from the requirement of two years continuous

production to execute sale deed for the land allotted on lease-cum-sale basis as

contained in Government Order No. CI 132 SPQ(e) 2021, dated 01.01.2022.

Hence the following order.

GOVERNMENT ORDER NO. CI 132 SPQ(e) 2024, BENGALURU,

DATED 07.03.2025

In the circumstances as explained in the preamble, Government is pleased to

accord approval for the following amendment to the Government Order No. CI 132

SPQ(e) 2021, dated 01.01.2022:

“IT/ITES Developer (IT Infrastructure facilities/park), logistics &

warehousing, cold storage developers and other non-manufacturing units,

which construct buildings and develop infrastructure and give them on

rent/lease basis for the relevant approved activity, if the units/allottees

concerned for such activities have utilized more than 50% of the allotted

3

site and the conditions laid down in the lease cum sale agreement are

fulfilled, such activities/units are exempted from the condition of the

requirement of two years continuous production to execute sale deed as per

Government Order No. CI 132 SPQ(e) 2021, dated 01.01.2022”.

This order is issued with the concurrence of Finance Department vide Note No.

FD 71 EXP–1/ 2025 Dated 20.02.2025 and approval of the Cabinet in its meeting held

on 05.03.2025 vide subject no. C:136/2025.

By Order and in the name of the

Governor of Karnataka,

(C.V. HARIDASAN)

Under Secretary to Govt., (ID)

Commerce & Industries Department.

ಮುದÎಕರು ²ಾಗೂ ಪΐಾಶಕರು:- ಸಂಕಲ£ಾĩಾĸಗಳ…, ಕ£ಾಟಕ ªಾಜÍಪತÎ, ಸಾĸ ೇಂದÎ ಮುದΞಾಲಯ, ¦ೆಂಗಳˆರು

R.N.I. No. KARBIL/2001/47147 POSTAL REGN. No. RNP/KA/BGS/2202/2017-19

Licensed to post without prepayment WPP No. 297

THAMMAIAH

Digitally signed by THAMMAIAH

DN: c=IN, st=Karnataka, 2.5.4.20=be54f34f4e31eae50203ca7fab5ceb3794f20a8460a2582ef28294d43b8f8b16, postalCode=560059, street=BANGALORE, pseudonym=ca58c76cf7e2445d7a4f3f51407e025e,

serialNumber=4d9b284dcc53d39f1425f50485de07dd86efa302a3fce3729eddea0c1b5098e0, ou=GOVERNMENT OF KARNATAKA, o=GOVERNMENT OF KARNATAKA, cn=THAMMAIAH

Date: 2025.03.12 13:45:33 +05'30'