Section 4(e) in Approval of Periphery Policy Report and other Allied Matters
(e)Free Enterprise Zone :(i)Free Enterprise Zone. - The area declared as Free Enterprise Zone (FEZ) near Dera Bassi should continue to be used for industries, although institutions could also be permitted in accordance with the prescribed guidelines. In order to ensure rational development and provision of basic infrastructure and services in the area, a broad developmental framework needs to be prepared along with a development plan indicating roads/trunk infrastructure, including areas reserved for residential and institutional needs. There shall be no conversion/betterment charge for the new industrial units coming up in the FEZ. However, these shall be liable to pay the External Development Charges.(ii)Industrial. - Industrial Parks may also be permitted as "mega projects" in areas earmarked as industrial and residential for such uses respectively within the outline Master Plan area of S.A.S. Nagar (Mohali).
