Not withstanding anything contained in these rules, the allotted civic amenity sites that have been utilised for the purpose for which it is allotted shall be conveyed in accordance with the following procedure, namely:-
(i) the Authority shall publish the list of civic amenity sites allotted to institutions with details of allottee, dimensions of civic amenity site, purpose for which it is allotted and such other particulars as the Planning Authority may consider necessary, by affixing a notice on the notice board of the office and website of the Authority and any other office, as the Planning Authority may decide and by publication in not less than two daily newspapers of which one shall in be Kannada, having wide circulation in the Bengaluru region;
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(ii) the allottee who has already executed the lease agreement and constructed the building for civic amenity site may purchase the civic amenity site by expressing intent in writing to pay the sital value of the civic amenity site as determined by the Authority not less than the prevailing guidance value of the site;
(iii) the Authority shall finalise the value of the civic amenity site not less than the rate published by the Department of Stamps and Registration and recommend to the civic amenity site allotment committee to approve the proposal for sale as per committee decision. Thereafter the Authority shall cause to serve demand notice on the purchaser. The decision of the Authority shall be final;
(iv) the amount already paid by the allottee for the future lease period, by the purchaser shall be calculated on pro rata basis and such pro rata calculated amount shall be deducted from the sital value, determined by the Authority. The remaining amount shall be paid in three installments, namely:-
(a) the first installment of ten percent shall be paid within seventy two hours from the date of issue of demand from the Authority requesting lessee to pay the intimated site value;
(b) the second installment of forty percent shall be paid within forty five days; and
(c) the final installment of fifty percent shall be paid within one hundred and twenty days.
(v) The allottee shall become the owner and derive title of the civic amenity site from the date of execution of the sale deed;
(vi) The allottee shall not sub-divide the civic amenity site;
(vii) With effect from the date of execution of the sale deed of the civic amenity site, the allottee shall be liable to pay the taxes, fee and cess payable, in respect of the civic amenity site and any building erected thereon;
(viii) In case of alienating the civic amenity site after ten years from the date of execution of sale deed, the sale shall be among the institutions defined under these rules and shall be used for the specific civic amenity earmarked during execution of sale deed;
(ix) The allottee or purchaser thereof shall exclusively use the civic amenity site to provide the civic amenity for which it is earmarked;
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(x) No further sale transaction shall be allowed, without the consent of the Authority and shall comply with the conditions of the sale deed or the agreement executed and other rules, bye-laws of the Authority or the Corporation, as the case may be, for the time being in force;
(xi) The allottee shall construct any further building on the civic amenity site in accordance with the plan and design, approved by the Authority; and
(xii) Any breach of the sale conditions by the allottee, the decision of the Authority shall be final.