Government of Tamilnadu has formulated a policy for ITsector announcing certain incentives to encourage IT and ITES in the state ofTamilnadu. The following are the incentives available under Development Regulation to IT and ITESdevelopments:
MSB for IT and ITES is permitted through out theChennai Metropolitan Area.
IT activity is permissible in all the land uses exceptAgricultural Use Zone, non Urban Use Zone, Special and Hazardous UseZone and OSR's.
FSI permitted for those IT and ITES development is 1.5times of the ordinarily permissible in Development Regulation
Covered car parking spaces 50% above the normalparking requirement and also up to first floor are excludedfrom the computation of FSI area.
Reserved and gifted Open Space reservation area willbe given to the IT companies for maintenance on lease basis.
Planning permission Applications for IT developmentsare processed through a fast track system.