
All projects are to be required to be completed within seven years from the date of granting licence. The projects would be allowed in residential zone of notified development plans of low and medium potential towns of the state. Under this policy, not more than 30% of the net planned area under residential zone, inclusive of 20% area limit for group housing projects, can be allowed for projects and that the minimum and maximum net planned area for such projects would be five acres and 15 acres respectively.